Versions of s. 80(3)(a)(i)

I-3.3 — Income Tax Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

2017-01-01 to present available View Source

does not exceed the amount (in subsection 80(4) referred to as the debtor’s “ordinary non-capital loss at that time for the year”) that would be the relevant loss balance at that time for the obligation and in respect of the debtor’s non-capital loss for the year if the description of E in the definition non-capital loss in subsection 111(8) were read without reference to the expression “the taxpayer’s allowable business investment loss for the year”, and

Full text

does not exceed the amount (in subsection 80(4) referred to as the debtor’s “ordinary non-capital loss at that time for the year”) that would be the relevant loss balance at that time for the obligation and in respect of the debtor’s non-capital loss for the year if the description of E in the definition non-capital loss in subsection 111(8) were read without reference to the expression “the taxpayer’s allowable business investment loss for the year”, and
2004-08-31 to 2017-01-01 View Source

does not exceed the amount (in subsection 80(4) referred to as the debtor’s “ordinary non-capital loss at that time for the year”) that would be the relevant loss balance at that time for the obligation and in respect of the debtor’s non-capital loss for the year if the description of E in the definition non-capital loss in subsection 111(8) were read without reference to the expression “the taxpayer’s allowable business investment loss for the year”, and