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Versions of s. 88(3)(a)

I-3.3 — Income Tax Act · 3 versions · View current text

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

  1. 2017-12-14 to present available View Source
    subject to subsections (3.3) and (3.5), the distributed property is deemed to have been disposed of at that time by the disposing affiliate to the taxpayer for proceeds of disposition equal to the relevant cost base (within the meaning assigned by subsection 95(4)) to the disposing affiliate of the distributed property in respect of the taxpayer, immediately before that time, if
    Full text

    subject to subsections (3.3) and (3.5), the distributed property is deemed to have been disposed of at that time by the disposing affiliate to the taxpayer for proceeds of disposition equal to the relevant cost base (within the meaning assigned by subsection 95(4)) to the disposing affiliate of the distributed property in respect of the taxpayer, immediately before that time, if

  2. 2013-06-26 to 2017-12-14 View Source
    subject to subsections (3.3) and (3.5), the distributed property is deemed to have been disposed of at that time by the disposing affiliate’saffiliate to the taxpayer for proceeds of disposition of each such share and the cost thereof to the taxpayer shall be deemed to be an amount equal to the adjustedrelevant cost base (within the meaning assigned by subsection 95(4)) to the disposing affiliate of the sharedistributed property in respect of the taxpayer, immediately before thethat dissolution,time, or such greater amount as the taxpayer claims not exceeding the fair market value of the share immediately before the dissolution; andif
    Full text

    subject to subsections (3.3) and (3.5), the distributed property is deemed to have been disposed of at that time by the disposing affiliate to the taxpayer for proceeds of disposition equal to the relevant cost base (within the meaning assigned by subsection 95(4)) to the disposing affiliate of the distributed property in respect of the taxpayer, immediately before that time, if

  3. 2004-08-31 to 2013-06-26 View Source

    the disposing affiliate’s proceeds of disposition of each such share and the cost thereof to the taxpayer shall be deemed to be an amount equal to the adjusted cost base to the disposing affiliate of the share immediately before the dissolution, or such greater amount as the taxpayer claims not exceeding the fair market value of the share immediately before the dissolution; and