Hyperlawhypertext legal database Excise Tax Act

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Versions of s. 254(2.1)(f)

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. 2026-03-12 to present available View Source

    if the total consideration, within the meaning of paragraph (2)(c), in respect of the residential complex is not more than $1,000,000, the amount determined by the formula A − B where A is the lesser of $50,000 and the total tax paid by the particular individual, within the meaning of paragraph (2)(d), in respect of the residential complex, and B is the amount of the rebate, if any, under subsection (2) that the particular individual is entitled to claim in respect of the residential complex, and