I-4 - Act respecting the application of the Taxation Act

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44. For the purposes of this chapter, investment interest in a business at the end of a taxation year means, for a taxpayer that is a corporation, the lesser of:
(a)  the aggregate that would be determined under section 43 if it were to apply to a corporation; and
(b)  its 1971 accounts receivable, decreased at the rate of 10% per annum computed on the straight-line method for each taxation year ending after 1971 and either before or at the same time as the taxation year.
1972, c. 24, s. 54; 1972, c. 26, s. 95.