T-0.1 - Act respecting the Québec sales tax

Section 224.1 Disposition versions

1997-05-22

224.1. Notwithstanding section 428, a builder of a residential complex who is registered under Division I of Chapter VIII may make an election to not include in determining the net tax of the builder for a particular reporting period of the builder the tax deemed under subparagraphs a and c of subparagraphs 1 and 2 of the second paragraph of section 223 or 224 to have been collected by the builder during the particular period in respect of the residential complex.

However, the first paragraph applies only where the residential complex is built by the builder for the purpose of using it in the course of the builder’s business of supplying immovables by way of sale otherwise than by the sole application of section 223 or 224.

1997, c. 14, s. 339.