I-3 - Taxation Act

Section 752.0.24.1 Disposition versions

2009-05-15

752.0.24.1. For the purposes of sections 752.0.0.4 to 752.0.0.6, if an individual to whom section 752.0.0.3 applies for a taxation year is resident in Canada only during part of the year, there shall be taken into account, as a covered benefit attributable to the year, only an amount that can reasonably be considered wholly attributable to any period in the year throughout which the individual was resident in Canada.

2005, c. 38, s. 157; 2009, c. 5, s. 295.

2006-03-01

752.0.24.1. If an individual to whom section 752.0.0.3 applies for a taxation year is resident in Canada only during part of the year, the following rules apply:

(a)  for the purposes of sections 752.0.0.4 to 752.0.0.6, there shall be taken into account, as a covered benefit attributable to the year, only an amount that can reasonably be considered wholly attributable to any period in the year throughout which the individual was resident in Canada; and

(b)  for the purposes of subparagraph b of the third paragraph of section 752.0.0.3, no amount in dollars referred to in section 752.0.0.1 shall exceed the proportion of that amount that the number of days in any period of the year throughout which the individual was resident in Canada is of the number of days in the year.

2005, c. 38, s. 157.