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Versions of s. 127.46(9)(b)

I-3.3 — Income 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. 2024-06-20 to present available View Source

    the incentive claimant is liable to a penalty for the claim year equal to the amount determined by the formula 50% × (A − B) where A is the amount of the specified tax credit claimed by the incentive claimant at the regular tax credit rate for the claim year, and B is the amount that the incentive claimant would have been entitled to claim as a specified tax credit at the reduced tax credit rate for the claim year.