O. Reg. 159/01: MUTUAL FUND TRUST CAPITAL GAINS REFUNDS
under Income Tax Act, R.S.O. 1990, c. I.2
Skip to content| current | September 7, 2012 – (e-Laws currency date) |
| May 11, 2001 – September 6, 2012 |
Income Tax Act
Loi de l’impôt sur le revenu
ONTARIO REGULATION 159/01
MUTUAL FUND TRUST CAPITAL GAINS REFUNDS
Historical version for the period May 11, 2001 to September 6, 2012.
No amendments.
This Regulation is made in English only.
Prescribed percentage
1. The following is the prescribed percentage for the purposes of the definition of “R” in paragraph 3 of subsection 4 (8) of the Act:
1. For a taxation year that ends after December 31, 1999 and before February 28, 2000, 75 per cent.
2. For any of the following taxation years, the fraction in paragraph 38 (a) of the Federal Act that applies to the mutual fund trust for the year, expressed as a percentage:
i. A taxation year that includes February 28, 2000.
ii. A taxation year that begins after February 28, 2000 and ends before October 17, 2000.
iii. A taxation year that includes October 17, 2000.
3. For a taxation year that begins after October 17, 2000, 50 per cent. O. Reg. 159/01, s. 1.
2. Omitted (provides for coming into force of provisions of this Regulation). O. Reg. 159/01, s. 2.