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Versions of s. 93(1.1)

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.

  1. 2013-06-26 to present available View Source
    WhereSubsection at(1.11) anyapplies time shares of the capital stock of a foreign affiliate of a corporation resident in Canada that are excluded property are disposed of by another foreign affiliate of the corporation (other than a disposition to which paragraph 95(2)(c), 95(2)(d) or 95(2)(e) applies), the corporation shall be deemed to have made an election at that time under subsection 93(1) in respect of each such share disposed of and in the election to have designated an amount equal to such amount as is prescribed.if
    Full text

    Subsection (1.11) applies if

  2. 2004-08-31 to 2013-06-26 View Source

    Where at any time shares of the capital stock of a foreign affiliate of a corporation resident in Canada that are excluded property are disposed of by another foreign affiliate of the corporation (other than a disposition to which paragraph 95(2)(c), 95(2)(d) or 95(2)(e) applies), the corporation shall be deemed to have made an election at that time under subsection 93(1) in respect of each such share disposed of and in the election to have designated an amount equal to such amount as is prescribed.