Examples of Ontario Tax Act in a sentence
Ontario Taxation of Class A Shareholders Under the Ontario Tax Act, an individual who is resident in Ontario on the last day of a taxation year is generally liable for Ontario tax at rates that are specified percentages of the individual’s taxable income.
Taxable income of an individual for the purposes of the Ontario Tax Act is calculated based on the provisions of the Federal Tax Act.
This summary is based on the current provisions of the Ontario Tax Act and counsel’s understanding of the current administrative and assessing practices published by the Ontario Ministry of Finance.
An enhanced dividend tax credit is applicable under the Ontario Tax Act for dividends eligible for the federal enhanced gross-up and tax credit.
Upon termination of this Agreement, howsoever occurring, the Contractor shall immediately return to the Company records, documents, plans, letters, papers and other material and information of every description (including all electronic information and all copies of or extracts from the same) within their possession or control relating to the affairs of the Company.