Versions of s. 194(a)

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 tax payable in respect of the supply is deemed to be equal to the amount determined by the formula(A/B) × C where A is ~~where~~if tax under subsection 165(2) was payable in respect of the supply, the total of 7%the rate set out in subsection 165(1) and the tax rate for the participating province in which the supply was made, and in any other case, ~~7%,~~the rate set out in subsection 165(1), B is the total of 100% and the percentage determined for A, and C is the consideration for the supply; and

Full text

the tax payable in respect of the supply is deemed to be equal to the amount determined by the formula(A/B) × C where A is if tax under subsection 165(2) was payable in respect of the supply, the total of the rate set out in subsection 165(1) and the tax rate for the participating province in which the supply was made, and in any other case, the rate set out in subsection 165(1), B is the total of 100% and the percentage determined for A, and C is the consideration for the supply; and
2003-01-01 to 2006-06-22 View Source

the tax payable in respect of the supply is deemed to be equal to the amount determined by the formula(A/B) × C where A is where tax under subsection 165(2) was payable in respect of the supply, the total of 7% and the tax rate for the participating province in which the supply was made, and in any other case, 7%, B is the total of 100% and the percentage determined for A, and C is the consideration for the supply; and