T-0.1, r. 2 - Regulation respecting the Québec sales tax

Section 17r10 Disposition versions

2012-09-01

17R10. The bringing into Québec of the railway rolling stock that is imported for use in international service in circumstances referred to in the Railway Rolling Stock (International Service) Remission Order No. 4 (TR/75-103) and in which the rolling stock is temporarily diverted, within the meaning of that Order, is a prescribed circumstance.

The value of the railway rolling stock referred to in the first paragraph shall be determined by the following formula:

A + (B x C/D).

For the purposes of that formula:

(1)  A is the value of the monthly rental charge for the rolling stock that can reasonably be attributed to the right of enjoyment of that rolling stock in Québec;

(2)  B is the remaining duties payable in respect of the rolling stock;

(3)  C is the number of months during which the rolling stock is in Québec;

(4)  D is the number of months during which the rolling stock is in Canada.

O.C. 1607-92, s. 17R10; O.C. 1470-2002, s. 1.