Hyperlawhypertext legal database Excise Tax Act

← Historical versions

Versions of s. 163(3), definition “initial taxable percentage”

E-15 — Excise Tax Act · 1 version · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2003-01-01 to present available View Source

    initial taxable percentage in respect of the provincially taxable portion of a tour package or the non-provincially taxable portion of a tour package, as the case may be, (in this definition referred to as the relevant portion) means the percentage determined, at the time the first supplier of the tour package first determines the amount (in this definition referred to as the initial price) to be charged by that supplier for a supply of the tour package, by the formula A/B where A is the part of the initial price that is, at that time, reasonably attributable to the relevant portion, and B is the initial price; (pourcentage taxable initial)