Hyperlawhypertext legal database Excise Tax Act

← Historical versions

Versions of s. 256(2.1)

E-15 — Excise Tax Act · 4 versions · View current text

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

  1. 2026-03-12 to present available View Source
    If A × [($1,500,000 − B) ÷ $500,000] − C where A is the lesser of $50,000 and the total tax paid by the particular individual, within the meaning of paragraph (2)(c), in respect of the residential complex before if the fair market value of the residential complex referred to in paragraph (2)(b) is less than $450,000, an application for the rebate under subsection (2) in respect of the residential complex is filed with the Minister in accordance with subsection (3), and in any other case, an application for the rebate under this subsection in respect of the residential complex is filed with the Minister in accordance with subsection (3), B is the greater of $1,000,000 and the fair market value of the residential complex referred to in paragraph (2)(b), and C is the amount of the rebate, if any, under subsection (2) that the particular individual is entitled to claim in respect of the residential complex.
    Full text

    If A × [($1,500,000 − B) ÷ $500,000] − C where A is the lesser of $50,000 and the total tax paid by the particular individual, within the meaning of paragraph (2)(c), in respect of the residential complex before if the fair market value of the residential complex referred to in paragraph (2)(b) is less than $450,000, an application for the rebate under subsection (2) in respect of the residential complex is filed with the Minister in accordance with subsection (3), and in any other case, an application for the rebate under this subsection in respect of the residential complex is filed with the Minister in accordance with subsection (3), B is the greater of $1,000,000 and the fair market value of the residential complex referred to in paragraph (2)(b), and C is the amount of the rebate, if any, under subsection (2) that the particular individual is entitled to claim in respect of the residential complex.

  2. 2010-07-01 to 2026-03-12 View Source
    If
    Full text

    If

  3. 2007-06-22 to 2010-07-01 View Source
    WhereIf
    Full text

    If

  4. 2003-01-01 to 2007-06-22 View Source

    Where