60.A corporation may not deduct, in computing its paid-up capital for a taxation year for the purposes of Part IV of the Taxation Act (chapter I‐3), 75 % of the part of an amount referred to in section 1137, 1141.2 or 1141.2.1 of that Act, except an amount referred to in section 57, that is attributable to the operations of an international financial centre operated in the year, directly or through a partnership, by the corporation.
60.A corporation may not deduct, in computing its paid-up capital for a taxation year for the purposes of Part IV of the Taxation Act (chapter I‐3), any part of an amount referred to in section 1137, 1141.2 or 1141.2.1 of that Act, except an amount referred to in section 57, that is attributable to the operations of an international financial centre operated in the year, directly or through a partnership, by the corporation.