Hyperlawhypertext legal database Excise Tax Act

← Historical versions

Versions of s. 175.1(c)

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

    the registrant may claim an input tax credit, for the reporting period of the registrant in which the reimbursement is paid, equal to the amount (referred to in this section as the “tax reimbursed”) determined by the formula A × B/C where A is the tax payable by the beneficiary, B is the amount of the reimbursement, and C is the cost to the beneficiary of the property or service, and