T-0.1 - Act respecting the Québec sales tax

Section 341.3 Disposition versions

1994-06-17

341.3. In determining the input tax refund claimed in respect of the tax referred to in section 341.2 by the public services body in the return under section 468 for the particular reporting period or any subsequent reporting period, there shall not be included any portion of the amount determined by the formula

A × B.

For the purposes of this formula,

(1)  A is the tax referred to in section 341.2; and

(2)  B is the extent, expressed as a percentage, to which the property is used by the public service body during the lease period, or the services were acquired or brought into Québec by the body for consumption, use or supply, in the course of activities engaged in by the body through the division or branch.

Where all or any portion of the amount determined under the first paragraph was included in determining an input tax refund claimed by the public service body in a return under section 468 for a reporting period ending before the particular reporting period, that amount or portion thereof shall be added in determining the net tax for the particular reporting period.

1994, c. 22, s. 552.