Tax wiki
s. 211.9
PART XII.5 — Recovery of Labour-sponsored Funds Tax Credit
Not yet annotated · Text current to 2026-06-21 · section last amended 2013-06-26
Current text
[Repealed, 2013, c. 34, s. 346]
Source: Justice Laws Website. Not an official version.
Historic text
Immediately preceding version, in force from 2004-08-31 to 2013-06-25:
Show the text in force 2004-08-31 to 2013-06-25
Refund
211.9 The Minister may pay to an individual (other than a trust) in respect of the disposition of a share, if application for the payment has been made in writing by the individual and filed with the Minister no later than two years after the end of the calendar year in which the disposition occurred, an amount not exceeding the lesser of
(a) the tax paid under this Part in respect of a disposition of the share, and
(b) 15% of the net cost of the share on the original acquisition by the individual (or by a qualifying trust for the individual in respect of the share).
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- 1997, c. 25, s. 62
- 2000, c. 19, s. 63
Earlier versions: Justice Laws point-in-time versions of the Act (from 31 August 2004), and CanLII (under “Versions”). On Justice Laws, each version of section 211.9 links to the one before it.
Enacting and amending legislation
- 1997, c. 25, s. 62; 2000, c. 19, s. 63; 2013, c. 34, s. 346
Text before 2004 is found in the annual Statutes of Canada cited above. Application and coming-into-force provisions are not part of the consolidation; see the amending Acts.
Cross-references
Referred to in
References are generated from the statutory text and list other sections of the Act only.
Citation
Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.), s. 211.9.