Versions of s. 181.1(e)

E-15 — Excise Tax Act · 2 versions · View current text

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

2006-06-22 to present available View Source

the registrant may claim an input tax credit for the reporting period of the registrant that includes that time equal to the product obtained when the amount of the rebate is multiplied by the fraction (in this section referred to as the “tax fraction in respect of the rebate”) A/B where A is ~~where~~if tax under subsection 165(2) was payable in respect of the supply of the property or service to the particular person, the total of 7%the rate set out in subsection 165(1) and the tax rate of the participating province in which that supply was made, and in any other case, ~~7%,~~the rate set out in subsection 165(1), and B is the total of 100% and the percentage determined for A, and

Full text

the registrant may claim an input tax credit for the reporting period of the registrant that includes that time equal to the product obtained when the amount of the rebate is multiplied by the fraction (in this section referred to as the “tax fraction in respect of the rebate”) A/B where A is if tax under subsection 165(2) was payable in respect of the supply of the property or service to the particular person, the total of the rate set out in subsection 165(1) and the tax rate of the participating province in which that supply was made, and in any other case, the rate set out in subsection 165(1), and B is the total of 100% and the percentage determined for A, and
2003-01-01 to 2006-06-22 View Source

the registrant may claim an input tax credit for the reporting period of the registrant that includes that time equal to the product obtained when the amount of the rebate is multiplied by the fraction (in this section referred to as the “tax fraction in respect of the rebate”) A/B where A is where tax under subsection 165(2) was payable in respect of the supply of the property or service to the particular person, the total of 7% and the tax rate of the participating province in which that supply was made, and in any other case, 7%, and B is the total of 100% and the percentage determined for A, and