Versions of s. 181.1(f)

E-15 — Excise Tax Act · 2 versions · View current text

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

2006-06-22 to present available View Source

where the particular person is a registrant who was entitled to claim an input tax credit, or a rebate under Division VI, in respect of the acquisition of the property or service, the particular person shall be deemed, for the purposes of this Part, to have made a taxable supply and to have collected, at that time, tax in respect of the supply equal to the amount determined by the formula A × (B/C) × D where A is the tax fraction in respect of the rebate, B is the input tax credit or rebate under Division VI that the particular person was entitled to claim in respect of the acquisition of the property or service, C is the tax payable by the particular person in respect of the acquisition of the property or service, and D is the amount of the rebate paid to the particular person by the registrant.

Full text

where the particular person is a registrant who was entitled to claim an input tax credit, or a rebate under Division VI, in respect of the acquisition of the property or service, the particular person shall be deemed, for the purposes of this Part, to have made a taxable supply and to have collected, at that time, tax in respect of the supply equal to the amount determined by the formula A × (B/C) × D where A is the tax fraction in respect of the rebate, B is the input tax credit or rebate under Division VI that the particular person was entitled to claim in respect of the acquisition of the property or service, C is the tax payable by the particular person in respect of the acquisition of the property or service, and D is the amount of the rebate paid to the particular person by the registrant.
2003-01-01 to 2006-06-22 View Source

where the particular person is a registrant who was entitled to claim an input tax credit, or a rebate under Division VI, in respect of the acquisition of the property or service, the particular person shall be deemed, for the purposes of this Part, to have made a taxable supply and to have collected, at that time, tax in respect of the supply equal to the amount determined by the formula A × (B/C) × D where A is the tax fraction in respect of the rebate, B is the input tax credit or rebate under Division VI that the particular person was entitled to claim in respect of the acquisition of the property or service, C is the tax payable by the particular person in respect of the acquisition of the property or service, and D is the amount of the rebate paid to the particular person by the registrant.