I-3 - Taxation Act

Section 97.4 Disposition versions

2006-03-01

97.4. For the purposes of paragraph a of section 97.2 and section 97.3, where a particular corporation has been incorporated or otherwise formed after the time any other corporation, with which the particular corporation would not have been dealing at arm’s length had the particular corporation been in existence before such time, was formed, the particular corporation is deemed to have been in existence from the time of the formation of the other corporation and to have been not dealing at arm’s length with the other corporation.

1982, c. 5, s. 29; 1997, c. 3, s. 71.