Hyperlawhypertext legal database Excise Tax Act

← Historical versions

Versions of s. 256.7(5)

E-15 — Excise Tax Act · 1 version · View current text

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

  1. 2008-01-01 to present available View Source

    If a particular individual A × [0.01 - ((B/A)/7)] where A is the total of all amounts, each of which is the consideration payable for the supply to the particular individual of the complex or for any other taxable supply to the particular individual of an interest in the complex in respect of which the particular individual has paid tax under subsection 165(1) calculated at the rate of 7%, and B is the amount of the rebate under subsection 254(2) that the particular individual is entitled to claim in respect of the complex.