I-3 - Taxation Act

Section 452 Disposition versions

2010-04-20

452. Subject to section 453, in computing the income of a taxpayer for the taxation year in which the taxpayer died, sections 153 and 208, subparagraph b of the first paragraph of section 234, paragraph b of section 234.0.1, the amount that the taxpayer may deduct under subparagraph a of the first paragraph of section 279 and sections 357 and 358, as they read in respect of a disposition of property, may not be taken into account.

1972, c. 23, s. 368; 1975, c. 22, s. 101; 1978, c. 26, s. 79; 1987, c. 67, s. 108; 1993, c. 16, s. 187; 2000, c. 5, s. 102; 2009, c. 5, s. 152; 2010, c. 5, s. 44.

2009-05-15

452. Subject to section 453, in computing the income of a taxpayer for the taxation year in which the taxpayer died, sections 153 and 208, subparagraph b of the first paragraph of section 234, paragraph b of section 234.0.1, the amount that the taxpayer may claim as a deduction under subparagraph a of the first paragraph of section 279 and sections 357 and 358, as they read in respect of a disposition of property, may not be taken into account.

1972, c. 23, s. 368; 1975, c. 22, s. 101; 1978, c. 26, s. 79; 1987, c. 67, s. 108; 1993, c. 16, s. 187; 2000, c. 5, s. 102; 2009, c. 5, s. 152.

2006-03-01

452. Subject to section 453, in computing the income of a taxpayer for the taxation year in which the taxpayer died, sections 153 and 208, subparagraph b of the first paragraph of section 234, paragraph b of section 234.0.1 and sections 357 and 358 do not apply and the portion of paragraph a of section 279 before subparagraph i shall be read as follows:

“(a) the gain for a particular taxation year from the disposition of the taxpayer’s former property is deemed to be equal to”.

1972, c. 23, s. 368; 1975, c. 22, s. 101; 1978, c. 26, s. 79; 1987, c. 67, s. 108; 1993, c. 16, s. 187; 2000, c. 5, s. 102.