Income Tax Act (R.S.C., 1985, c. 1 (5th Supp.))

Marginal note:Negative amounts

257 Except as specifically otherwise provided, where an amount or a number is required under this Act to be determined or calculated by or in accordance with an algebraic formula, if the amount or number when so determined or calculated would, but for this section, be a negative amount or number, it shall be deemed to be nil.