Versions of s. 127.42(3)

If a taxpayer (other than a partnership) is a member of a partnership at the end of a fiscal period of the partnership that ends in a taxation year of the taxpayer — and the partnership files a prescribed form containing prescribed information for that fiscal period and the taxpayer files a prescribed form containing prescribed information with its return of income for the taxation year — the taxpayer is deemed, on the taxpayer’s balance-due day for the taxation year, to have paid on account of their tax payable under this Part for the year, the total of all amounts each of which is an amount, for each designated province and for each calendar year a portion of which falls within the partnership’s fiscal period, determined by the formula(A × B) × (C ÷ D) × E where A is the payment rate for the calendar year for the designated province; B is the partnership’s eligible farming expenses for the designated province for the fiscal period; C is the number of days within the fiscal period that fall within the calendar year; D is the number of days in the fiscal period; and E is the specified proportion of the taxpayer for the fiscal period.