T-0.1 - Act respecting the Québec sales tax

Section 458.0.2 Disposition versions

2015-10-21

458.0.2. Subject to section 458.0.2.1, a registrant’s instalment base for a particular reporting period of the registrant is the lesser of

(1)  an amount equal to

(a)  in the case of a reporting period determined under section 461.1, the amount determined by the formula

A × 365 / B; and

(b)  in any other case, the net tax for the particular reporting period; and

(2)  the amount determined by the formula

C × 365 / D.

For the purposes of these formulas,

(1)  A is the net tax for the particular reporting period;

(2)  B is the number of days in the particular reporting period;

(3)  C is the total of all amounts each of which is the net tax for a reporting period of the registrant ending in the 12 month period immediately preceding the particular reporting period; and

(4)  D is the number of days in the period commencing on the first day of the first of those preceding reporting periods and ending on the last day of the last of those preceding reporting periods.

1995, c. 63, s. 463; 2015, c. 21, s. 771.

1995-12-15

458.0.2. A registrant’s instalment base for a particular reporting period of the registrant is the lesser of

(1)  an amount equal to

(a)  in the case of a reporting period determined under section 461.1, the amount determined by the formula

A × 365 / B; and

(b)  in any other case, the net tax for the particular reporting period; and

(2)  the amount determined by the formula

C × 365 / D.

For the purposes of these formulas,

(1)  A is the net tax for the particular reporting period;

(2)  B is the number of days in the particular reporting period;

(3)  C is the total of all amounts each of which is the net tax for a reporting period of the registrant ending in the 12 month period immediately preceding the particular reporting period; and

(4)  D is the number of days in the period commencing on the first day of the first of those preceding reporting periods and ending on the last day of the last of those preceding reporting periods.

1995, c. 63, s. 463.