Hyperlawhypertext legal database Excise Tax Act

← Historical versions

Versions of s. 256.2(3)

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. 2008-06-18 to present available View Source
    If A × ($450,000 - B)/$100,000 where A is the lesser of $6,300 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.
    Full text

    If A × ($450,000 - B)/$100,000 where A is the lesser of $6,300 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.

  2. 2008-01-01 to 2008-06-18 View Source
    If A × ($450,000 - B)/$100,000 where A is the lesser of $7,560$6,300 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.
    Full text

    If A × ($450,000 - B)/$100,000 where A is the lesser of $6,300 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.

  3. 2006-06-22 to 2008-01-01 View Source
    If A × ($450,000 - B)/$100,000 where A is the lesser of $8750$7,560 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.
    Full text

    If A × ($450,000 - B)/$100,000 where A is the lesser of $7,560 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.

  4. 2003-01-01 to 2006-06-22 View Source

    If A × ($450,000 - B)/$100,000 where A is the lesser of $8750 and the amount determined by the formula A 1 × A 2 where A 1 is 36% of the total tax under subsection 165(1) that is payable in respect of the purchase from the supplier or is deemed to have been paid in respect of the deemed purchase, and A 2 is if the unit is a single unit residential complex or a residential condominium unit, 1, and in any other case, the unit’s percentage of total floor space, and B is the greater of $350,000 and if the unit is a single unit residential complex or a residential condominium unit, the fair market value of the unit at the particular time, and in any other case, the amount determined by the formula B 1 × B 2 where B 1 is the unit’s percentage of total floor space, and B 2 is the fair market value at the particular time of the residential complex or addition, as the case may be.