I-3 - Taxation Act

Section 107.1 Disposition versions

2019-06-19

107.1. (Repealed).

1990, c. 59, s. 62; 1997, c. 3, s. 71; 2015, c. 21, s. 115; 2019, c. 14, s. 78.

2015-10-21

107.1. The adjustment time of a taxpayer in respect of a business is,

(a)  where the taxpayer is a corporation, the time immediately after the commencement of its first taxation year commencing after 30 June 1988; and

(b)  in any other case, the time immediately after the commencement of the taxpayer’s first fiscal period commencing after 31 December 1987 in respect of the business;

(c)  (paragraph repealed).

1990, c. 59, s. 62; 1997, c. 3, s. 71; 2015, c. 21, s. 115.

2006-03-01

107.1. The adjustment time of a taxpayer in respect of a business is,

(a)  where the taxpayer is a corporation formed as a result of an amalgamation occurring after 30 June 1988, the time immediately before the amalgamation;

(b)  where the taxpayer is a corporation other than a corporation contemplated in paragraph a, the time immediately after the commencement of its first taxation year commencing after 30 June 1988;

(c)  where the taxpayer is not a corporation, the time immediately after the commencement of the taxpayer’s first fiscal period commencing after 31 December 1987 in respect of the business.

1990, c. 59, s. 62; 1997, c. 3, s. 71.