I-3, r. 1 - Regulation respecting the Taxation Act

Section 818r72 Disposition versions

2012-09-01

818R72. The amount to which subparagraph b of the second paragraph of section 818R71 refers in respect of an insurer for a taxation year is equal to the aggregate of all amounts each of which is the amount determined, in respect of a particular full month in the year or in respect of the part of the particular month that ends after the last full month in the year, if that part is greater than 15 days, by the formula

A × (1 + 2B).

In the formula in the first paragraph,

(a)  A is the amount computed under section 818R73 in respect of the particular month or part of the particular month; and

(b)  B is the number of months in the year that ended before the beginning of the particular month or part of the particular month.

s. 818R70; O.C. 1463-2001, s. 86; O.C. 134-2009, s. 1.