Income Tax Act — I-3.3 20
dividuals who have a mobility impairment to gain access to the building or to be mobile within it; Disability-related equipment (rr) an amount paid by the taxpayer in the year for any prescribed disability-specific device or equipment; Qualifying environmental trusts (ss) a contribution made in the year by the taxpayer to a qualifying environmental trust under which the taxpayer is a beneficiary; Acquisition of interests in qualifying environmental trusts (tt) the consideration paid by the taxpayer in the year for the acquisition from another person or partnership of all or part of the taxpayer’s interest as a beneficiary under a qualifying environmental trust, other than consideration that is the assumption of a reclamation obligation in respect of the trust; Debt forgiveness (uu) any amount deducted in computing the taxpayer’s income for the year because of paragraph 80(15)(a) or subsection 80.01(10); Countervailing or anti-dumping duty (vv) an amount paid in the year by the taxpayer as or on account of an existing or proposed countervailing or anti-dumping duty in respect of property (other than depreciable property); Split income (ww) where the taxpayer is a specified individual in relation to the year, the individual’s split income for the year; Derivative forward agreement (xx) in respect of a derivative forward agreement of a taxpayer, the amount determined by the formula A – B where A is the lesser of (i) the total of all amounts each of which is (A) if the taxpayer acquires a property under the agreement in the year or a preceding taxation year, the portion of the amount by which the cost to the taxpayer of the property exceeds the fair market value of the property at the time it is acquired by the taxpayer that is attributable to an underlying interest other than an underlying interest referred to in subparagraphs (b)(i) to (iii) of the definition derivative forward agreement in subsection 248(1), or (B) if the taxpayer disposes of a property under the agreement in the year or a preceding taxation year, the portion of the amount by which the fair market value of the property at the time the agreement is entered into by the taxpayer exceeds the proceeds of disposition (within the meaning assigned by Subdivision C) of the property that is attributable to an underlying interest other than an underlying interest referred to in clauses (c)(i)(A) to (C) of the definition derivative forward agreement in subsection 248(1), and (ii) the amount that is, (A) if final settlement of the agreement occurs in the year and it cannot reasonably be considered that one of the main reasons for entering into the agreement is to obtain a deduction under this paragraph, the amount determined under subparagraph (i), or (B) in any other case, the total of all amounts included under paragraph 12(1)(z.7) in computing the taxpayer’s income in respect of the agreement for the year or a preceding taxation year, and B is the total of all amounts deducted under this paragraph in respect of the agreement for a preceding taxation year; and Adjustment for hybrid mismatch (yy) if subsection 18.4(4) has applied to deny a taxpayer a deduction, for the year or a preceding taxation year, for all or a portion of an amount in respect of a payment arising under a hybrid mismatch arrangement, and the taxpayer demonstrates that an amount is foreign ordinary income of an entity in respect of the payment (other than any amount of foreign ordinary income already taken into account in determining the amount of the deduction that was previously denied or a deduction under this paragraph) for a foreign taxation year that ends on or before the day that is 12 months after the end of the year, (i) the lesser of (A) the amount by which the deduction that was denied exceeds the total of all amounts already deducted under this paragraph in respect of the payment for the year or any previous year, and (B) the amount of the foreign ordinary income, and (ii) the amount that is