Versions of s. 191.1(2)(e)

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.

2014-12-16 to present available View Source

the amount determined by the formula A + B + C + D where A is the total of all amounts each of which is ~~tax~~an amount determined by the formula E × (F/G) where E is an amount of tax, calculated at a particular rate, that was payable under subsection 165(1) or section 212, 218 or 218.01 by the builder in respect of an acquisition of real property that forms part of the complex or addition or in respect of an acquisition or importation of an improvement to real property that forms part of the complex or addition, F is the rate set out in subsection 165(1) at the time referred to in paragraph (a), and G is the particular rate, B is the total of all amounts each of which is an amount determined by the formula H × (I/J) where H is an amount (other than an amount referred to in the description of E) that would have been payable as tax, calculated at a particular rate, under subsection 165(1) or section 212, 218 or 218.01 by the builder in respect of an acquisition or importation of an improvement to real property that forms part of the complex or addition but for the fact that the improvement was acquired or imported for consumption, use or supply exclusively in the course of commercial activities of the builder, I is the rate set out in subsection 165(1) at the time referred to in paragraph (a), and J is the particular rate, C is if the complex or addition is situated in a participating province, the total of all amounts each of which is an amount determined by the formula K × (L/M) where K is an amount of tax, calculated at a particular rate, that was payable under subsection 165(2), 212.1(2) or 218.1(1) or Division IV.1 by the builder in respect of an acquisition of real property that forms part of the complex or addition or in respect of an acquisition, importation or bringing into the participating province of an improvement to real property that forms part of the complex or addition, L is the tax rate for the participating province at the time referred to in paragraph (a), and M is the particular rate, and in any other case, zero, and D is if the complex or addition is situated in a participating province, the total of all amounts each of which is an amount determined by the formula N × (O/P) where N is an amount (other than an amount referred to in the description of K) that would have been payable as tax, calculated at a particular rate, under subsection 165(2), 212.1(2) or 218.1(1) or Division IV.1 by the builder in respect of an acquisition, importation or bringing into the participating province of an improvement to real property that forms part of the complex or addition but for the fact that the improvement was acquired, imported or brought into the participating province for consumption, use or supply exclusively in the course of commercial activities of the builder, O is the tax rate for the participating province at the time referred to in paragraph (a), and P is the particular rate, and in any other case, zero.

Full text

the amount determined by the formula A + B + C + D where A is the total of all amounts each of which is an amount determined by the formula E × (F/G) where E is an amount of tax, calculated at a particular rate, that was payable under subsection 165(1) or section 212, 218 or 218.01 by the builder in respect of an acquisition of real property that forms part of the complex or addition or in respect of an acquisition or importation of an improvement to real property that forms part of the complex or addition, F is the rate set out in subsection 165(1) at the time referred to in paragraph (a), and G is the particular rate, B is the total of all amounts each of which is an amount determined by the formula H × (I/J) where H is an amount (other than an amount referred to in the description of E) that would have been payable as tax, calculated at a particular rate, under subsection 165(1) or section 212, 218 or 218.01 by the builder in respect of an acquisition or importation of an improvement to real property that forms part of the complex or addition but for the fact that the improvement was acquired or imported for consumption, use or supply exclusively in the course of commercial activities of the builder, I is the rate set out in subsection 165(1) at the time referred to in paragraph (a), and J is the particular rate, C is if the complex or addition is situated in a participating province, the total of all amounts each of which is an amount determined by the formula K × (L/M) where K is an amount of tax, calculated at a particular rate, that was payable under subsection 165(2), 212.1(2) or 218.1(1) or Division IV.1 by the builder in respect of an acquisition of real property that forms part of the complex or addition or in respect of an acquisition, importation or bringing into the participating province of an improvement to real property that forms part of the complex or addition, L is the tax rate for the participating province at the time referred to in paragraph (a), and M is the particular rate, and in any other case, zero, and D is if the complex or addition is situated in a participating province, the total of all amounts each of which is an amount determined by the formula N × (O/P) where N is an amount (other than an amount referred to in the description of K) that would have been payable as tax, calculated at a particular rate, under subsection 165(2), 212.1(2) or 218.1(1) or Division IV.1 by the builder in respect of an acquisition, importation or bringing into the participating province of an improvement to real property that forms part of the complex or addition but for the fact that the improvement was acquired, imported or brought into the participating province for consumption, use or supply exclusively in the course of commercial activities of the builder, O is the tax rate for the participating province at the time referred to in paragraph (a), and P is the particular rate, and in any other case, zero.
2003-01-01 to 2014-12-16 View Source

the total of all amounts each of which is tax that was payable by the builder in respect of