Examples of Excise Tax in a sentence
Accordingly, and because Alberta Innovates’ Investment is made for a public purpose and in the public interest, such Reports do not constitute a taxable supply or "consideration" in return for a transfer payment for the purposes of the Excise Tax Act (Canada).
Only if the amount calculated under (i) above is less than the amount under (ii) above will the 280G Payments be reduced to the minimum extent necessary to ensure that no portion of the 280G Payments is subject to the Excise Tax.
Pre-Haul Maintenance: 45,800 linear feet Existing road to receive maintenance work (optional and required) prior to haul Excise Tax Exempt Activities Temporary Construction: Roads to be constructed (optional and required) and then abandoned Temporary Reconstruction: Roads to be reconstructed (optional and required) and then abandoned linear feet linear feet All parties must make their own assessment of the taxable or non-taxable status of any work performed under the timber sale contact.