Versions of s. 261.01(6)(a)

E-15 — Excise Tax Act · 3 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

an amount (in this subsection referred to as a “shared portion”) shall be determined for the purposes of this section in respect of each of those qualifying employers by the formula A × B × C where A is the pension rebate amount of the pension entity for the claim period, B is the percentage specified for the qualifying employer in the election, and C is in the case where employer contributions were made to the pension plan in the calendar year that immediately precedes the calendar year that includes the last day of the claim period (in this paragraph referred to as the “preceding calendar year”), the amount determined by the formula D/E where D is the total of all amounts, each of which is an employer contribution made by the qualifying employer to the pension plan in the preceding calendar year, or an employee PRPP contribution made by an employee of the qualifying employer to the pension plan in the preceding calendar year, if the qualifying employer made employer contributions to the pension plan in the preceding calendar year, and E is the total of all amounts, each of which is if the pension plan is a registered pension plan, an employer contribution made to the pension plan in the preceding calendar year, or if the pension plan is a pooled registered pension plan, an amount contributed to the pension plan in the preceding calendar year, in the case where subparagraph (i) does not apply and one or more qualifying employers of the pension plan was the employer of one or more active members of the pension plan in the preceding calendar year, the amount determined by the formula F/G where F is the total number of employees of the qualifying employer in the preceding calendar year who were active members of the pension plan in that year, and G is the sum of the total number of employees of each of those qualifying employers in the preceding calendar year who were active members of the pension plan in that year, and in any other case, zero; and

Full text

an amount (in this subsection referred to as a “shared portion”) shall be determined for the purposes of this section in respect of each of those qualifying employers by the formula A × B × C where A is the pension rebate amount of the pension entity for the claim period, B is the percentage specified for the qualifying employer in the election, and C is in the case where employer contributions were made to the pension plan in the calendar year that immediately precedes the calendar year that includes the last day of the claim period (in this paragraph referred to as the “preceding calendar year”), the amount determined by the formula D/E where D is the total of all amounts, each of which is an employer contribution made by the qualifying employer to the pension plan in the preceding calendar year, or an employee PRPP contribution made by an employee of the qualifying employer to the pension plan in the preceding calendar year, if the qualifying employer made employer contributions to the pension plan in the preceding calendar year, and E is the total of all amounts, each of which is if the pension plan is a registered pension plan, an employer contribution made to the pension plan in the preceding calendar year, or if the pension plan is a pooled registered pension plan, an amount contributed to the pension plan in the preceding calendar year, in the case where subparagraph (i) does not apply and one or more qualifying employers of the pension plan was the employer of one or more active members of the pension plan in the preceding calendar year, the amount determined by the formula F/G where F is the total number of employees of the qualifying employer in the preceding calendar year who were active members of the pension plan in that year, and G is the sum of the total number of employees of each of those qualifying employers in the preceding calendar year who were active members of the pension plan in that year, and in any other case, zero; and
2014-12-16 to 2017-12-14 View Source

an amount (in this subsection referred to as a “shared portion”) shall be determined for the purposes of this section in respect of each of those qualifying employers by the formula A × B × C where A is the pension rebate amount of the pension entity for the claim period, B is the percentage specified for the qualifying employer in the election, and C is in the case where ~~pension~~employer contributions were made to the pension plan in the calendar year that immediately precedes the calendar year that includes the last day of the claim period (in this paragraph referred to as the “preceding calendar year”), the amount determined by the formula D/E where D is the total of all amounts, each of which is aan ~~pension~~employer contribution made by the qualifying employer to the pension plan in the preceding calendar year, or an employee PRPP contribution made by an employee of the qualifying employer to the pension plan in the preceding calendar year, if the qualifying employer made employer contributions to the pension plan in the preceding calendar year, and E is the total of all amounts, each of which is if the pension plan is a registered pension plan, an employer contribution made to the pension plan in the preceding calendar year, or if the pension plan is a pooled registered pension plan, an amount contributed to the pension plan in the preceding calendar year, in the case where subparagraph (i) does not apply and one or more qualifying employers of the pension plan was the employer of one or more active members of the pension plan in the preceding calendar year, the amount determined by the formula F/G where F is the total number of employees of the qualifying employer in the preceding calendar year who were active members of the pension plan in that year, and G is the sum of the total number of employees of each of those qualifying employers in the preceding calendar year who were active members of the pension plan in that year, and in any other case, zero; and

Full text

an amount (in this subsection referred to as a “shared portion”) shall be determined for the purposes of this section in respect of each of those qualifying employers by the formula A × B × C where A is the pension rebate amount of the pension entity for the claim period, B is the percentage specified for the qualifying employer in the election, and C is in the case where employer contributions were made to the pension plan in the calendar year that immediately precedes the calendar year that includes the last day of the claim period (in this paragraph referred to as the “preceding calendar year”), the amount determined by the formula D/E where D is the total of all amounts, each of which is an employer contribution made by the qualifying employer to the pension plan in the preceding calendar year, or an employee PRPP contribution made by an employee of the qualifying employer to the pension plan in the preceding calendar year, if the qualifying employer made employer contributions to the pension plan in the preceding calendar year, and E is the total of all amounts, each of which is if the pension plan is a registered pension plan, an employer contribution made to the pension plan in the preceding calendar year, or if the pension plan is a pooled registered pension plan, an amount contributed to the pension plan in the preceding calendar year, in the case where subparagraph (i) does not apply and one or more qualifying employers of the pension plan was the employer of one or more active members of the pension plan in the preceding calendar year, the amount determined by the formula F/G where F is the total number of employees of the qualifying employer in the preceding calendar year who were active members of the pension plan in that year, and G is the sum of the total number of employees of each of those qualifying employers in the preceding calendar year who were active members of the pension plan in that year, and in any other case, zero; and
2010-07-12 to 2014-12-16 View Source

an amount (in this subsection referred to as a “shared portion”) shall be determined for the purposes of this section in respect of each of those qualifying employers by the formula A × B × C where A is the pension rebate amount of the pension entity for the claim period, B is the percentage specified for the qualifying employer in the election, and C is in the case where pension contributions were made to the pension plan in the calendar year that immediately precedes the calendar year that includes the last day of the claim period (in this paragraph referred to as the “preceding calendar year”), the amount determined by the formula D/E where D is the total of all amounts, each of which is a pension contribution made by the qualifying employer to the pension plan in the preceding calendar year, and E is the total of all amounts, each of which is a pension contribution made to the pension plan in the preceding calendar year, in the case where subparagraph (i) does not apply and one or more qualifying employers of the pension plan was the employer of one or more active members of the pension plan in the preceding calendar year, the amount determined by the formula F/G where F is the total number of employees of the qualifying employer in the preceding calendar year who were active members of the pension plan in that year, and G is the sum of the total number of employees of each of those qualifying employers in the preceding calendar year who were active members of the pension plan in that year, and in any other case, zero; and