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Versions of s. 125.7(1), definition “top up percentage”

I-3.3 — Income Tax Act · 3 versions · View current text

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

  1. 2021-06-29 to present available View Source
    top-up percentage, of an eligible entity for a qualifying period, means the percentage determined by regulation for the qualifying period or, if there is no percentage determined by regulation for the qualifying period, the lesser of 25% and the percentage determined by the formula 1.25 × (A − 50%) where A is the entity’s top-up revenue reduction percentage for the qualifying period. (pourcentage compensatoire)
    Full text

    top-up percentage, of an eligible entity for a qualifying period, means the percentage determined by regulation for the qualifying period or, if there is no percentage determined by regulation for the qualifying period,

  2. 2020-11-19 to 2021-06-29 View Source
    top-up percentage, of an eligible entity for a qualifying period, means the percentage determined by regulation for the qualifying period or, if there is no percentage determined by regulation for the qualifying period, the lesser of 25% and the percentage determined by the formula 1.25 × (A − 50%) where A is the entity’s top-up revenue reduction percentage for the qualifying period. (pourcentage compensatoire)
    Full text

    top-up percentage, of an eligible entity for a qualifying period, means the percentage determined by regulation for the qualifying period or, if there is no percentage determined by regulation for the qualifying period, the lesser of 25% and the percentage determined by the formula 1.25 × (A − 50%) where A is the entity’s top-up revenue reduction percentage for the qualifying period. (pourcentage compensatoire)

  3. 2020-07-27 to 2020-11-19 View Source

    top-up percentage, of an eligible entity for a qualifying period, means the lesser of 25% and the percentage determined by the formula 1.25 × (A − 50%) where A is the entity’s top-up revenue reduction percentage for the qualifying period. (pourcentage compensatoire)