I-3 - Taxation Act

Section 332.2 Disposition versions

2006-03-01

332.2. For the purposes of paragraph b, c or d of section 332.1, the amount in respect of a disposition of a property referred to therein is equal to the lesser of the capital cost of the property to the taxpayer, the person with whom he was not dealing at arm’s length or the predecessor, as the case may be, computed without reference to section 180 or 182, and the proceeds of disposition of the property.

1982, c. 5, s. 72; 1985, c. 25, s. 58.