Full text
the total consideration for all supplies (in this subparagraph referred to as the “participating province’s supplies”) that are specified supplies made in a participating province and to which subsection 165(2) applied by the amount determined by the formula(100%/A) × B where A is the total of 100%, the rate set out in subsection 165(1) and the tax rate for that province, and B is if the particular person has made an election under this subsection that is in effect for that fiscal year, the part of the dividend that is in respect of the participating province’s supplies, and in any other case, the amount determined by the formula(C/D) × E where C is the portion of the total of the values determined, in computing the specified amount in respect of the dividend, for B and D in subsection (1) that is attributable to supplies made in that province, D is the total referred to in the description of C, and E is the specified amount in respect of the dividend, and