Versions of s. 237(5)(b)(ii)

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.

2008-01-01 to present available View Source

the amount determined by the formula A + B where A is 1/4 of the financial institution’s instalment base for the reporting period determined under paragraph (2)(b) as if the financial institution were not a selected listed financial institution and tax were not imposed under any of subsection 165(2), sections 212.1 and 218.1 and Division IV.1, and B is the total of all amounts, each of which is determined, for a participating province, by the formula C × D where C is the amount determined for A in this subparagraph, and D is the financial institution’s percentage for the participating province for the immediately preceding fiscal quarter, determined in accordance with the prescribed rules that apply to that financial institution.

Full text

the amount determined by the formula A + B where A is 1/4 of the financial institution’s instalment base for the reporting period determined under paragraph (2)(b) as if the financial institution were not a selected listed financial institution and tax were not imposed under any of subsection 165(2), sections 212.1 and 218.1 and Division IV.1, and B is the total of all amounts, each of which is determined, for a participating province, by the formula C × D where C is the amount determined for A in this subparagraph, and D is the financial institution’s percentage for the participating province for the immediately preceding fiscal quarter, determined in accordance with the prescribed rules that apply to that financial institution.
2003-01-01 to 2008-01-01 View Source

the amount determined by the formula A + B where A is 1/4 of the financial institution’s instalment base for the reporting period determined under paragraph (2)(b) as if the financial institution were not a selected listed financial institution and tax were not imposed under any of subsection 165(2), sections 212.1 and 218.1 and Division IV.1, and B is the total of all amounts, each of which is determined, for a participating province, by the formula C × D where C is the amount determined for A in this subparagraph, and D is the financial institution’s percentage for the participating province for the immediately preceding fiscal quarter, determined in accordance with the prescribed rules that apply to that financial institution.