Income Tax Regulations

8901.2 The amount determined by regulation in respect of a qualifying entity for the purposes of clause (b)(iv)(B) of the description of A in subsection 125.7(2) of the Act for a week in a qualifying period is

• (a) for the seventh qualifying period and the eighth qualifying period, the greater of

  • (i) the amount determined for the week under subparagraph (a)(i) of the description of A in subsection 125.7(2) of the Act, and

  • (ii) the amount determined for the week under subparagraph (a)(ii) of the description of A in subsection 125.7(2) of the Act;

• (b) for the ninth qualifying period and the tenth qualifying period, the greater of

  • (i) $500, and

  • (ii) the lesser of

    • (A) 55% of baseline remuneration (as defined in subsection 125.7(1) of the Act) in respect of the eligible employee determined for that week, and

    • (B) $573;

• (c) for any of the eleventh qualifying period to the nineteenth qualifying period, the greater of

  • (i) $500, and

  • (ii) the lesser of

    • (A) 55% of baseline remuneration (as defined in subsection 125.7(1) of the Act) in respect of the eligible employee determined for that week, and

    • (B) $595; and

• (d) for the twentieth qualifying period and any subsequent qualifying period, nil.