Versions of s. 218.1(1.2)(a)

E-15 — Excise Tax Act · 3 versions · View current text

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

2017-12-14 to present available View Source

if an election under subsection 217.2(1) is in effect for the specified year, the amount determined by the formula A + B where A is the total of all amounts, each of which is an amount in respect of an internal charge for the specified year that is greater than zero determined by the formula A 1 × A 2 where A 1 is the internal charge, and A 2 is ~~the prescribed percentage in respect of the internal charge or, in the absence of a prescribed percentage in respect of the internal charge,~~ the extent (expressed as a percentage) to which the internal charge is attributable to outlays or expenses that were made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the internal charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province, and B is the total of all amounts, each of which is an amount in respect of an external charge for the specified year that is greater than zero determined by the formula B 1 × B 2 where B 1 is the external charge, and B 2 is the ~~prescribed percentage in respect of the external charge or, in the absence of a prescribed percentage in respect of the external charge, the~~ extent (expressed as a percentage) to which the whole or part of the outlay or expense, which corresponds to the external charge, was made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the external charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province; and

Full text

if an election under subsection 217.2(1) is in effect for the specified year, the amount determined by the formula A + B where A is the total of all amounts, each of which is an amount in respect of an internal charge for the specified year that is greater than zero determined by the formula A 1 × A 2 where A 1 is the internal charge, and A 2 is the extent (expressed as a percentage) to which the internal charge is attributable to outlays or expenses that were made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the internal charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province, and B is the total of all amounts, each of which is an amount in respect of an external charge for the specified year that is greater than zero determined by the formula B 1 × B 2 where B 1 is the external charge, and B 2 is the extent (expressed as a percentage) to which the whole or part of the outlay or expense, which corresponds to the external charge, was made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the external charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province; and
2012-12-14 to 2017-12-14 View Source

if an election under subsection 217.2(1) is in effect for the specified year, the amount determined by the formula A + B where A is the total of all amounts, each of which is an amount in respect of an internal charge for the specified year that is greater than zero determined by the formula A 1 × A 2 where A 1 is the internal charge, and A 2 is the prescribed percentage in respect of the internal charge or, in the absence of a prescribed percentage in respect of the internal charge, the extent (expressed as a percentage) to which the internal charge is attributable to outlays or expenses that were made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the internal charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province, and B is the total of all amounts, each of which is an amount in respect of an external charge for the specified year that is greater than zero determined by the formula B 1 × B 2 where B 1 is the external charge, and B 2 is the prescribed percentage in respect of the external charge or, in the absence of a prescribed percentage in respect of the external charge, the extent (expressed as a percentage) to which the whole or part of the outlay or expense, which corresponds to the external charge, was made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the external charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province; and

Full text

if an election under subsection 217.2(1) is in effect for the specified year, the amount determined by the formula A + B where A is the total of all amounts, each of which is an amount in respect of an internal charge for the specified year that is greater than zero determined by the formula A 1 × A 2 where A 1 is the internal charge, and A 2 is the prescribed percentage in respect of the internal charge or, in the absence of a prescribed percentage in respect of the internal charge, the extent (expressed as a percentage) to which the internal charge is attributable to outlays or expenses that were made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the internal charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province, and B is the total of all amounts, each of which is an amount in respect of an external charge for the specified year that is greater than zero determined by the formula B 1 × B 2 where B 1 is the external charge, and B 2 is the prescribed percentage in respect of the external charge or, in the absence of a prescribed percentage in respect of the external charge, the extent (expressed as a percentage) to which the whole or part of the outlay or expense, which corresponds to the external charge, was made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the external charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province; and
2010-07-12 to 2012-12-14 View Source

if an election under subsection 217.2(1) is in effect for the specified year, the amount determined by the formula A + B where A is the total of all amounts, each of which is an amount in respect of an internal charge for the specified year that is greater than zero determined by the formula A 1 × A 2 where A 1 is the internal charge, and A 2 is the extent (expressed as a percentage) to which the internal charge is attributable to outlays or expenses that were made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the internal charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province, and B is the total of all amounts, each of which is an amount in respect of an external charge for the specified year that is greater than zero determined by the formula B 1 × B 2 where B 1 is the external charge, and B 2 is the extent (expressed as a percentage) to which the whole or part of the outlay or expense, which corresponds to the external charge, was made or incurred to consume, use or supply the whole or part of property or of a qualifying service, in respect of which the external charge is attributable, in carrying on, engaging in or conducting an activity of the qualifying taxpayer in the particular participating province; and