I-3 - Taxation Act

Section 985.1.0.2 Disposition versions

2011-12-09

985.1.0.2. (Repealed).

2005, c. 38, s. 216; 2006, c. 13, s. 83; 2009, c. 15, s. 178; 2011, c. 34, s. 46.

2009-06-04

985.1.0.2. A capital gains pool of a registered charity for a taxation year means the amount by which the aggregate of all amounts each of which is the amount of a capital gain of the charity from the disposition of an enduring property after 22 March 2004 and before the end of the taxation year, other than a capital gain from a disposition of a legacy or an inheritance received by the charity in a taxation year that included any time before 1 January 1994, that is declared by the charity in an information return filed under the first paragraph of section 985.22 for the taxation year during which the disposition occurred, exceeds the amount determined under the second paragraph.

The amount to which the first paragraph refers is equal to the aggregate of all amounts each of which is the amount, determined for a preceding taxation year of the charity that began after 22 March 2004, that is the lesser of the aggregate of the amounts determined in accordance with subparagraphs i and ii of subparagraph b of the second paragraph of section 985.9 and the amount claimed by the charity in accordance with the third paragraph of section 985.9.

2005, c. 38, s. 216; 2006, c. 13, s. 83; 2009, c. 15, s. 178.

2006-06-13

985.1.0.2. A capital gains pool of a registered charity for a taxation year means the amount by which the aggregate of all amounts each of which is the amount of a capital gain of the charity from the disposition of an enduring property after 22 March 2004 and before the end of the taxation year, other than a capital gain from a disposition of a legacy or an inheritance received by the charity in a taxation year that included any time before 1 January 1994, that is declared by the charity in an information return filed under section 985.22 for the taxation year during which the disposition occurred, exceeds the amount determined under the second paragraph.

The amount to which the first paragraph refers is equal to the aggregate of all amounts each of which is the amount, determined for a preceding taxation year of the charity that began after 22 March 2004, that is the lesser of the aggregate of the amounts determined in accordance with subparagraphs i and ii of subparagraph b of the second paragraph of section 985.9 and the amount claimed by the charity in accordance with the third paragraph of section 985.9.

2005, c. 38, s. 216; 2006, c. 13, s. 83.

2006-03-01

985.1.0.2. A capital gains pool of a registered charity for a taxation year means the amount by which the aggregate of all amounts each of which is the amount of a capital gain of the charity from the disposition of an enduring property after 22 March 2004 and before the end of the taxation year, other than a capital gain from a disposition of a legacy or an inheritance received by the charity in a taxation year that included any time before 1 January 1994, that is declared by the charity in an information return filed under section 985.22 for the taxation year during which the disposition occurred, exceeds the amount determined under the second paragraph.

The amount to which the first paragraph refers is equal to the aggregate of all amounts each of which is the amount, determined for a preceding taxation year of the charity that began after 22 March 2004, that is the lesser of the aggregate of the amounts determined in accordance with subparagraphs i and ii of subparagraph a.1 of the second paragraph of section 985.9 and the amount claimed by the charity in accordance with the third paragraph of section 985.9.

2005, c. 38, s. 216.