I-3 - Taxation Act

Section 935.24 Disposition versions

2011-06-06

935.24. For the purposes of sections 935.22 and 935.23, the following rules apply:

(a)  a trust’s income includes a dividend described in sections 501 to 503;

(b)  the trust’s taxable capital gain or allowable capital loss from the disposition of a property is equal to its capital gain or capital loss, as the case may be, from the disposition; and

(c)  a trust’s income is computed without reference to paragraph a of section 657.

2009, c. 15, s. 170; 2011, c. 6, s. 182.

2009-06-04

935.24. For the purposes of sections 935.22 and 935.23, the following rules apply:

(a)  a trust’s income includes a dividend described in sections 501 to 503; and

(b)  the trust’s taxable capital gain or allowable capital loss from the disposition of a property is equal to its capital gain or capital loss, as the case may be, from the disposition.

2009, c. 15, s. 170.