Words and Phrases - "portion"

a
88
b
44
c
79
d
52
e
38
f
31
g
19
h
14
i
74
j
2
k
2
l
32
m
56
n
25
o
38
p
81
q
3
r
76
s
90
t
47
u
16
v
9
w
23
y
2

6 January 2014 External T.I. 2013-0512041E5 F - Dividend Designation under subsection 89(14)

Summary Under
Tax Topics - Income Tax Act - Section 89 - Subsection 89(14)
designation can be on all (rather than just part) of the dividend

After noting that an alleviatory amendment was made to s. 89(14) effective for dividends paid after March 28, 2012 to address the problem that until then it was not possible to designate part of a dividend as an eligible dividend, CRA concluded that a corporation can designate the total amount of a dividend it pays to be an eligible dividend.

Words and Phrases
portion