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

Section 17r3 Disposition versions

2012-09-01

17R3. The bringing into Québec of property described in item 19, 22, 25, 28, 29, 34, 37, 50, 51, 55 or 56, or, where the property is brought by a person not resident in Québec, item 4, 10, 13, 45 or 48 of the Schedule to the Temporary Importation (Excise Levies and Additional Duties) Regulations (SOR 89-427) and imported in circumstances where the terms and conditions of those Regulations are met or, where those Regulations do not apply, those terms and conditions, other than any respecting security, would be met if those Regulations applied, is a prescribed circumstance.

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

(1/60 x A x B) + (C x B/D).

For the purposes of that formula:

(1)  A is the value for duty of the property;

(2)  B is the number of months during which the property remains in Québec;

(3)  C is the remaining duties payable in respect of the property;

(4)  D is the number of months during which the property remains in Canada.

O.C. 1607-92, s. 17R3; O.C. 1451-2000, s. 2.