Excise Tax Act — E-15 (a)
pension rebate amount of a pension entity of a pension plan for a claim period of the pension entity means the amount determined by the formula A × B where A is (a) if the pension plan is a registered pension plan, 33%, (b) if the pension plan is a pooled registered pension plan and either employer contributions or employee PRPP contributions were made to the pension plan in the particular calendar year that is the last calendar year ending on or before the last day of the claim period, the amount (expressed as a percentage) determined by the formula 33% × (C/D) where C is the total of all amounts, each of which is determined for an employer that made employer contributions to the pension plan in the particular calendar year by the formula C 1 + C 2 where C 1 is the total of all amounts, each of which is an employer contribution made by the employer to the pension plan in the particular calendar year, and C 2 is the total of all amounts, each of which is an employee PRPP contribution made by an employee of the employer to the pension plan in the particular calendar year, and D is the total of all amounts contributed to the pension plan in the particular calendar year, (c) if the pension plan is a pooled registered pension plan, neither employer contributions nor employee PRPP contributions were made to the pension plan in the particular calendar year that is the last calendar year ending on or before the last day of the claim period and it is reasonable to expect that employer contributions will be made to the pension plan in a following calendar year, the amount (expressed as a percentage) determined for the first calendar year in which employer contributions are reasonably expected to be made to the pension plan following the particular calendar year by the formula 33% × (E/F) where E is the total of all amounts, each of which is determined for an employer reasonably expected to make employer contributions to the pension plan in that first calendar year by the formula E 1 + E 2 where E 1 is the total of all amounts, each of which is an employer contribution reasonably expected to be made by the employer to the pension plan in that first calendar year, and E 2 is the total of all amounts, each of which is an employee PRPP contribution reasonably expected to be made by an employee of the employer to the pension plan in that first calendar year, and F is the total of all amounts reasonably expected to be contributed to the pension plan in that first calendar year, or (d) if the pension plan is a pooled registered pension plan and paragraphs (b) and (c) do not apply, 0%; and B is the amount determined by the formula G + H where G is the total of all amounts, each of which is an eligible amount of the pension entity for the claim period that is described in paragraph (a) of the definition eligible amount , and H is (i) if an application for a rebate under subsection (2) for the claim period is filed in accordance with subsection (3), the total of (A) the total amount indicated on the application under subsection (3.1), and (B) the total of all amounts, each of which is an eligible amount of the pension entity for the claim period that is described in paragraph (b) of the definition eligible amount and in respect of which a portion of the rebate is claimed by the pension entity in accordance with paragraph (3.2)(a), (ii) if an election made under subsection (9) for the claim period is filed in accordance with subsection (10), the total amount indicated on the election in accordance with paragraph (10)(c), or (iii) in any other case, zero. ( montant de remboursement de pension )