1029.8.36.0.3.49. For the purpose of determining the amount that a corporation is deemed to have paid to the Minister pursuant to section 1029.8.36.0.3.48, or would be deemed to have paid to the Minister under section 1029.8.36.0.3.48 if it were read without reference to the fourth and fifth paragraphs thereof, in relation to qualified wages incurred by the corporation, in respect of one of its eligible employees, in a taxation year included in whole or in part in a particular year of operation of the corporation that is subsequent to its fifth year of operation, the following rules apply : (a) the rate of 35% mentioned in the first paragraph of section 1029.8.36.0.3.48 shall be replaced by the modified rate for the particular year of operation of the corporation that is subsequent to its fifth year of operation and that begins in the taxation year or in the preceding taxation year; and
(b) the modified rate for the particular year of operation of the corporation that is subsequent to its fifth year of operation and that begins in the taxation year or the preceding taxation year shall be applied in respect of the portion of the qualified wages that may reasonably be considered as attributable to the qualified wages incurred by the corporation in respect of the eligible employee in the part of the taxation year that is included in the particular year of operation of the corporation.