Versions of s. 127.491(17)

If this subsection applies in a taxation year of a taxpayer in respect of a particular property, the taxpayer is liable to pay an amount for the year, on or before its balance-due day for the year, determined by the formula(A − B) × (C ÷ D) where A is the amount of the taxpayer’s clean electricity investment tax credit in respect of the particular property; B is the total of all amounts each of which can reasonably be considered to be the portion of any amount previously paid by the taxpayer because of subsection (18) in respect of the property; C is an amount, not exceeding the amount determined for D, equal to if the particular property is disposed of to a person who deals at arm’s length with the taxpayer, the proceeds of disposition of the property, and in any other case, the fair market value of the property; and D is the capital cost of the particular property on which the clean electricity investment tax credit was deducted.