Versions of s. 273.2(2)(c)

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

2024-06-20 to present available View Source

the total of all amounts each of which is an amount included in computing, for the purposes of the Income Tax Act, the person’s income, or, if the person is an individual, the person’s income from a business, for the last taxation year of the person that ends in the fiscal year, exceeds the amount determined by the ~~formula$1,000,000~~formula$2,000,000 × ~~A/365~~A ÷ 365 where A is the number of days in the taxation year.

Full text

the total of all amounts each of which is an amount included in computing, for the purposes of the Income Tax Act, the person’s income, or, if the person is an individual, the person’s income from a business, for the last taxation year of the person that ends in the fiscal year, exceeds the amount determined by the formula$2,000,000 × A ÷ 365 where A is the number of days in the taxation year.
2010-07-12 to 2024-06-20 View Source

the total of all amounts each of which is an amount included in computing, for the purposes of the Income Tax Act, the person’s income, or, if the person is an individual, the person’s income from a business, for the last taxation year of the person that ends in the fiscal year, exceeds the amount determined by the formula$1,000,000 × A/365 where A is the number of days in the taxation year.