Hyperlawhypertext legal database Excise Tax Act

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Versions of s. 207(2)(b)

E-15 — Excise 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. 2003-01-01 to present available View Source

    except where the supply is an exempt supply, to have collected, at the particular time, tax in respect of the supply equal to the amount determined by the formula(A × B) - C where A is the basic tax content of the property at the particular time, B is the extent (expressed as a percentage of the total use of the property by the individual at the particular time) to which the individual reduced the use of the property in commercial activities of the individual at the particular time, and C is the tax, if any, that the individual is deemed under section 190 to have collected at the particular time in respect of the property.