Versions of s. 232.01(5)(b)

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.

2017-12-14 to present available View Source

the pension entity shall add, in determining its net tax for its reporting period that includes the day on which the tax adjustment note is issued, the amount determined by the formula A × (B/C) where A is the total of all input tax credits that the pension entity is entitled to claim in respect of the deemed tax, B is if the pension entity was a selected listed financial institution on the particular day, the federal component amount of the tax adjustment note, and in any other case, the total tax amount of the tax adjustment note, and C is the amount of the deemed tax;

Full text

the pension entity shall add, in determining its net tax for its reporting period that includes the day on which the tax adjustment note is issued, the amount determined by the formula A × (B/C) where A is the total of all input tax credits that the pension entity is entitled to claim in respect of the deemed tax, B is if the pension entity was a selected listed financial institution on the particular day, the federal component amount of the tax adjustment note, and in any other case, the total tax amount of the tax adjustment note, and C is the amount of the deemed tax;
2010-07-12 to 2017-12-14 View Source

the pension entity shall add, in determining its net tax for its reporting period that includes the day on which the tax adjustment note is issued, the amount determined by the formula A × (B/C) where A is the total of all input tax credits that the pension entity is entitled to claim in respect of the deemed tax, B is if the pension entity was a selected listed financial institution on the particular day, the federal component amount of the tax adjustment note, and in any other case, the total tax amount of the tax adjustment note, and C is the amount of the deemed tax;