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Versions of s. 94(6)

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
    If at a specified time in a trust’s taxation year it is an exempt foreign trust, at a particular time in the immediately following taxation year (determined without reference to this subsection) the trust ceases to be an exempt foreign trust (otherwise than because of becoming resident in Canada), and at the particular time there is a resident contributor to, or resident beneficiary under, the trust,
    Full text

    If at a specified time in a trust’s taxation year it is an exempt foreign trust, at a particular time in the immediately following taxation year (determined without reference to this subsection) the trust ceases to be an exempt foreign trust (otherwise than because of becoming resident in Canada), and at the particular time there is a resident contributor to, or resident beneficiary under, the trust,

  2. 2013-06-26 to 2017-12-14 View Source
    ForIf at a specified time in a trust’s taxation year it is an exempt foreign trust, at a particular time in the purposesimmediately following taxation year (determined without reference to this subsection) the trust ceases to be an exempt foreign trust (otherwise than because of paragraphbecoming 94(1)(b),resident in Canada), and at the particular time there is a trustresident contributor to, or aresident non-residentbeneficiary corporationunder, shallthe be deemed to have acquired property from any person who has given a guarantee on its behalf or from whom it has received any other financial assistance whatever.trust,
    Full text

    If at a specified time in a trust’s taxation year it is an exempt foreign trust, at a particular time in the immediately following taxation year (determined without reference to this subsection) the trust ceases to be an exempt foreign trust (otherwise than because of becoming resident in Canada), and at the particular time there is a resident contributor to, or resident beneficiary under, the trust,

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

    For the purposes of paragraph 94(1)(b), a trust or a non-resident corporation shall be deemed to have acquired property from any person who has given a guarantee on its behalf or from whom it has received any other financial assistance whatever.