Examples of Income Tax Act (British Columbia) in a sentence
Subject to certain conditions, an individual (other than a trust or estate) may deduct from tax otherwise payable under the Income Tax Act (British Columbia) for a taxation year not exceeding the lesser of the individuals BC mining flow-through share tax credit of the individual at the end of the year and the tax otherwise payable by the individual under the Income Tax Act (British Columbia) for the taxation year.
British Columbia Income Tax Considerations The Income Tax Act (British Columbia) (“BCITA”) provides a BC mining flow-through share tax credit which individuals (other than trusts or estates) may deduct from tax otherwise payable under the BCITA.
The Income Tax Act (British Columbia) (“BCITA”) provides a BC mining flow-through share tax credit which individuals (other than trusts or estates) may deduct from tax otherwise payable under the BCITA.
The gross proceeds of the offering of FT Shares will be used to fund exploration expenditures on the Silver Reef Property, BAM Property, Todd Creek Property and other Canadian Exploration Expenses that will qualify as "flow through mining expenditures" as defined in subsection 127(9) of the Income Tax Act (Canada), and "BC flow-through mining expenditures", as defined in the Income Tax Act (British Columbia).
Prospective purchasers of Units are urged to consult their tax advisors to determine the impact of the alternative minimum tax. British Columbia Income Tax Considerations The Income Tax Act (British Columbia) (“BCITA”) provides a BC mining flow-through share tax credit which individuals (other than trusts or estates) may deduct from tax otherwise payable under the BCITA.
Of the remaining 16 companies, 3 companies are in life insurance business only while 13 others operate non-life insurance only.
An individual (other than a trust or estate) may deduct from tax otherwise payable under the Income Tax Act (British Columbia) for a taxation year not exceeding the lesser of the individuals BC mining flow-through share tax credit of the individual at the end of the year and the tax otherwise payable by the individual under the Income Tax Act (British Columbia) for the taxation year.
In calculating the adjustment under subsection (2), an amount that, under the Income Tax Act (British Columbia) or the Income Tax Act (Canada), is deducted or set off from the family bonus or the Canada child benefit must be treated as if it were paid to a person in the family unit.
For the purposes of subsection (1), an amount that, under the Income Tax Act (British Columbia) or the Income Tax Act (Canada), is deducted or set off from a family bonus or a Canada child benefit is considered to have been paid to a person in the applicant’s or recipient’s family unit.
In determining the fair market value of a Share, the valuator may not provide for a premium for control, a discount for minority interests, or any adjustment based on any tax credit allowable under the Income Tax Act (British Columbia) or the Income Tax Act (Canada) in respect of the Share.