T-0.1 - Act respecting the Québec sales tax

Section 433.11 Disposition versions

1997-12-19

433.11. Where an election under section 433.8 by a charity becomes effective on a particular day, the second paragraph applies in respect of an amount, for a reporting period ending before that day and that is not claimed in a return for a reporting period ending before that day, that is

(1)  an input tax refund; or

(2)  in respect of a specified supply and may be deducted by the charity under section 449 or 455.1 in determining the net tax of the charity.

The amount shall not be claimed by the charity in a return for a reporting period ending after that day except to the extent that the charity was entitled to include the amount in determining the total for B in the formula set out in section 433.2 for any reporting period ending before that day.

1997, c. 85, s. 689.