Versions of s. 232.02(4)(c)

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.

2017-12-14 to present available View Source

for each particular claim period of the pension entity for which any part of an amount of deemed tax in respect of a particular supply is anincluded ~~eligible~~in the determination of the pension rebate amount of the pension ~~entity and for which the pension entity was a qualifying pension entity on the last day of the particular claim period,~~entity, the pension entity shall pay to the Receiver ~~General,~~General — on or before the day that is the later of the day on which the application for the rebate is filed and the day that is the last day of its claim period that immediately follows its claim period that includes the day on which the tax adjustment note is ~~issued,~~issued — the amount determined by the formula A × B × (C/D) × ~~[(E – F)/E]~~(E/F) where A is the total of all amounts, each of which is the part of an amount of deemed tax in respect of a particular supply that is an eligible amount of the pension entity for the particular claim period, B is 33%, C is if the pension entity was a selected listed financial institution on the particular day referred to in paragraph (b), the federal component amount of the tax adjustment note, and in any other case, the total tax amount of the tax adjustment note, D is the total of all amounts, each of which is an amount of deemed tax in respect of a particular supply, E is the amount of the rebate determined for the pension entity under subsection 261.01(2) for the particular claim period, and F is the pension rebate amount of the pension entity for the particular claim ~~period, and F is the total determined for B in the formula in subsection 261.01(2) in respect of the pension entity for the particular claim~~ period; and

Full text

for each particular claim period of the pension entity for which any part of an amount of deemed tax in respect of a particular supply is included in the determination of the pension rebate amount of the pension entity, the pension entity shall pay to the Receiver General — on or before the day that is the later of the day on which the application for the rebate is filed and the day that is the last day of its claim period that immediately follows its claim period that includes the day on which the tax adjustment note is issued — the amount determined by the formula A × B × (C/D) × (E/F) where A is the total of all amounts, each of which is the part of an amount of deemed tax in respect of a particular supply that is an eligible amount of the pension entity for the particular claim period, B is 33%, C is if the pension entity was a selected listed financial institution on the particular day referred to in paragraph (b), the federal component amount of the tax adjustment note, and in any other case, the total tax amount of the tax adjustment note, D is the total of all amounts, each of which is an amount of deemed tax in respect of a particular supply, E is the amount of the rebate determined for the pension entity under subsection 261.01(2) for the particular claim period, and F is the pension rebate amount of the pension entity for the particular claim period; and
2010-07-12 to 2017-12-14 View Source

for each particular claim period of the pension entity for which any part of an amount of deemed tax in respect of a particular supply is an eligible amount of the pension entity and for which the pension entity was a qualifying pension entity on the last day of the particular claim period, the pension entity shall pay to the Receiver General, on or before the last day of its claim period that immediately follows its claim period that includes the day on which the tax adjustment note is issued, the amount determined by the formula A × B × (C/D) × [(E – F)/E] where A is the total of all amounts, each of which is the part of an amount of deemed tax in respect of a particular supply that is an eligible amount of the pension entity for the particular claim period, B is 33%, C is if the pension entity was a selected listed financial institution on the particular day referred to in paragraph (b), the federal component amount of the tax adjustment note, and in any other case, the total tax amount of the tax adjustment note, D is the total of all amounts, each of which is an amount of deemed tax in respect of a particular supply, E is the pension rebate amount of the pension entity for the particular claim period, and F is the total determined for B in the formula in subsection 261.01(2) in respect of the pension entity for the particular claim period; and