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T-0.1 - Act respecting the Québec sales tax

Section 350.5
Disposition versions

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350.5. Where a supplier who is a registrant, in full or partial consideration for a taxable supply of property or a service, accepts a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of the price of the property or service, and a particular person at any time pays, in the course of a commercial activity of the particular person, an amount to the supplier for the redemption of the coupon, the following rules apply:
(1)  the amount is deemed not to be consideration for a supply;
(1.1)  the payment and receipt of the amount are deemed not to be a financial service; and
(2)  if the supply is not a zero-rated supply and the coupon entitled the recipient to a reduction of the price of the property or service equal to a fixed dollar amount specified in the coupon (in this section referred to as the “coupon value”), the particular person, if a registrant at the time of the payment, may claim an input tax refund for the reporting period of the particular person that includes that time equal to the tax fraction of the coupon value.
Subparagraph 2 of the first paragraph does not apply where all or part of the coupon value is an amount of an adjustment, refund or credit to which section 449 applies or where the particular person is, at the time of the payment, a prescribed registrant referred to in section 279.
1994, c. 22, s. 556; 1995, c. 1, s. 297; 1997, c. 85, s. 625; 2001, c. 53, s. 336; 2015, c. 21, s. 694.
350.5. Where a supplier who is a registrant, in full or partial consideration for a taxable supply of property or a service, accepts a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of the price of the property or service, and a particular person at any time pays, in the course of a commercial activity of the particular person, an amount to the supplier for the redemption of the coupon, the following rules apply:
(1)  the amount is deemed not to be consideration for a supply; and
(2)  if the supply is not a zero-rated supply and the coupon entitled the recipient to a reduction of the price of the property or service equal to a fixed dollar amount specified in the coupon (in this section referred to as the “coupon value”), the particular person, if a registrant at the time of the payment, may claim an input tax refund for the reporting period of the particular person that includes that time equal to the tax fraction of the coupon value.
Subparagraph 2 of the first paragraph does not apply where all or part of the coupon value is an amount of an adjustment, refund or credit to which section 449 applies or where the particular person is, at the time of the payment, a prescribed registrant referred to in section 279.
1994, c. 22, s. 556; 1995, c. 1, s. 297; 1997, c. 85, s. 625; 2001, c. 53, s. 336.
350.5. Where a supplier who is a registrant, in full or partial consideration for a taxable supply of property or a service, accepts a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of the price of the property or service, and a particular person at any time pays, in the course of a commercial activity of the particular person, an amount to the supplier for the redemption of the coupon, the following rules apply:
(1)  the amount is deemed not to be consideration for a supply; and
(2)  where the supply is not a zero-rated supply and the coupon entitled the recipient to a reduction of the price of the property or service equal to a fixed dollar amount specified in the coupon or a fixed percentage, specified in the coupon, of the price (the amount of which reduction is, in each case, referred to in this section as the «coupon value»), the particular person, if a registrant at the time of the payment, may claim an input tax refund for the reporting period of that particular person that includes that time equal to the tax fraction of the coupon value.
Subparagraph 2 of the first paragraph does not apply where all or part of the coupon value is an amount of an adjustment, refund or credit to which section 449 applies or where the particular person is, at the time of the payment, a prescribed registrant referred to in section 279.
1994, c. 22, s. 556; 1995, c. 1, s. 297; 1997, c. 85, s. 625.
350.5. Where a supplier who is a registrant, in full or partial consideration for a taxable supply of property or a service, accepts a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of the price of the property or service, and a particular person at any time pays, in the course of a commercial activity of the particular person, an amount to the supplier for the redemption of the coupon, the following rules apply:
(1)  the amount is deemed not to be consideration for a supply; and
(2)  where the supply is not a zero-rated supply and the coupon entitled the recipient to a reduction of the price of the property or service equal to a fixed dollar amount specified in the coupon, the particular person, if a registrant at the time of the payment, may claim an input tax refund for the reporting period of that particular person that includes that time equal to the tax fraction of that dollar amount.
Subparagraph 2 of the first paragraph does not apply where all or part of the amount is an amount of an adjustment, refund or credit to which section 449 applies or where the particular person is, at the time of the payment, a prescribed registrant referred to in section 279.
1994, c. 22, s. 556; 1995, c. 1, s. 297.
350.5. Where a supplier who is a registrant, in full or partial consideration for a taxable supply of property or a service, other than a zero-rated supply, accepts a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of the price of the property or service, and a particular person at any time pays, in the course of a commercial activity of the particular person, an amount to the supplier for the redemption of the coupon, the following rules apply:
(1)  the amount is deemed not to be consideration for a supply; and
(2)  where the coupon entitled the recipient to a reduction of the price of the property or service equal to a fixed dollar amount specified in the coupon, the particular person, if a registrant at the time of the payment may claim an input tax refund for the reporting period of that particular person that includes that time equal to the amount obtained by multiplying the fixed dollar amount specified in the coupon by the tax fraction relating to the property or service in respect of which the coupon is used.
Subparagraph 2 of the first paragraph does not apply where all or part of the amount is an amount of an adjustment, refund or credit to which section 449 applies or where the particular person is, at the time of the payment, a prescribed registrant referred to in section 279.
1994, c. 22, s. 556.
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