Section 56: Apportionment of income on incorporation and disincorporation
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
56. Apportionment of income on incorporation and disincorporation
Section 16 shall apply in all respects to a company as it applies to an
individual.
Sub-Part C – Allowable Deductions
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Questions this section answers
- Does the same income-apportionment rule for incorporating a business apply to my company?