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Versions of s. 95(2)(e)

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. 2018-12-13 to present available View Source
    notwithstanding subsection 69(5), if at any time a foreign affiliate (referred to in this paragraph as the “shareholder affiliate”) of a taxpayer receives a property (referred to in this paragraph as the “distributed property”) from another foreign affiliate (referred to in this paragraph as the “disposing affiliate”) of the taxpayer on a liquidation and dissolution of the disposing affiliate and the distributed property is received in respect of shares of the capital stock of the disposing affiliate that are disposed of on the liquidation and dissolution,
    Full text

    notwithstanding subsection 69(5), if at any time a foreign affiliate (referred to in this paragraph as the “shareholder affiliate”) of a taxpayer receives a property (referred to in this paragraph as the “distributed property”) from another foreign affiliate (referred to in this paragraph as the “disposing affiliate”) of the taxpayer on a liquidation and dissolution of the disposing affiliate and the distributed property is received in respect of shares of the capital stock of the disposing affiliate that are disposed of on the liquidation and dissolution,

  2. 2013-06-26 to 2018-12-13 View Source
    exceptnotwithstanding assubsection otherwise69(5), providedif inat paragraphany 95(2)(e.1), where on the dissolution oftime a foreign affiliate (referred to in this paragraph as the “shareholder affiliate”) of a taxpayer (inreceives a property (referred to in this paragraph referredas the “distributed property”) from another foreign affiliate (referred to in this paragraph as the “disposing affiliate”) oneof orthe moretaxpayer on a liquidation and dissolution of the disposing affiliate and the distributed property is received in respect of shares of the capital stock of anotherthe foreigndisposing affiliate ofthat the taxpayer have beenare disposed of to a shareholder that is another foreign affiliate ofon the taxpayer,liquidation and dissolution,
    Full text

    notwithstanding subsection 69(5), if at any time a foreign affiliate (referred to in this paragraph as the “shareholder affiliate”) of a taxpayer receives a property (referred to in this paragraph as the “distributed property”) from another foreign affiliate (referred to in this paragraph as the “disposing affiliate”) of the taxpayer on a liquidation and dissolution of the disposing affiliate and the distributed property is received in respect of shares of the capital stock of the disposing affiliate that are disposed of on the liquidation and dissolution,

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

    except as otherwise provided in paragraph 95(2)(e.1), where on the dissolution of a foreign affiliate of a taxpayer (in this paragraph referred to as the “disposing affiliate”) one or more shares of the capital stock of another foreign affiliate of the taxpayer have been disposed of to a shareholder that is another foreign affiliate of the taxpayer,