Statute
Section 141.1 — Income Tax Act: Deemed not to be a private corporation
Text of the provision Official document
Notwithstanding any other provision of this Act, an insurance corporation (other than a life insurance corporation) that would, but for this section, be a private corporation is deemed not to be a private corporation for the purposes of subsection 55(5), the definition capital dividend account in subsection 89(1) and sections 123.3 and 129.
Official source: laws-lois.justice.gc.ca
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