T-0.1 - Act respecting the Québec sales tax

Section 209 Disposition versions

1999-04-01

209. Where a person ceases at any time to be a registrant, the following rules apply:

(1)  the person is deemed

(a)  to have made, immediately before that time, a supply of each property of the person, other than capital property, that immediately before that time was held by the person for consumption, use or supply in the course of commercial activities of the person and to have collected, immediately before that time, tax in respect of the supply, calculated on the fair market value of the property at that time, and

(b)  to have received, at that time, a supply of the property by way of sale and to have paid, at that time, tax in respect of the supply equal to the amount determined under subparagraph a; and

(2)  where the person was, immediately before that time, using capital property of the person in commercial activities of the person, the person is deemed to have, immediately before that time, ceased using the property in commercial activities.

1991, c. 67, s. 209; 1993, c. 19, s. 188; 1994, c. 22, s. 469; 1995, c. 63, s. 353.

1994-06-17

209. Where a person ceases at any time to be a registrant, the following rules apply:

(1)  the person is deemed

(a)  to have made, immediately before that time, a supply of each property of the person, other than capital property, that immediately before that time was held by the person for consumption, use or supply in the course of commercial activities of the person and to have collected, immediately before that time, tax in respect of the supply, except where the supply is a non-taxable supply, calculated on the fair market value of the property at that time, and

(b)  to have received, at that time, a supply of the property by way of sale and to have paid, at that time, tax in respect of the supply, except where the supply is a non-taxable supply, equal to the amount determined under subparagraph a; and

(2)  where the person was, immediately before that time, using capital property of the person in commercial activities of the person, the person is deemed to have, immediately before that time, ceased using the property in commercial activities.

This section does not apply to a registrant who, by reason of section 206.1, is not entitled to include, in determining an input tax refund, an amount in respect of tax payable by the registrant in respect of the property.

1991, c. 67, s. 209; 1993, c. 19, s. 188; 1994, c. 22, s. 469.

1993-06-15

209. Where a person who engages in commercial activities ceases at any time to be a registrant, the following rules apply:

(1)  the person is deemed, in the case of property other than capital property of the person,

(a)  to have made, immediately before that time, a supply of each property that immediately before that time was a property of the person that was held for consumption, use or supply in the course of commercial activities of the person; and

(b)  except where the supply is an exempt or non-taxable supply, to have collected, immediately before that time, tax in respect of the supply, calculated on the fair market value of the property at that time; and

(2)  the person is deemed, in the case of capital property of the person, to have ceased immediately before that time to use the property in commercial activities.

This section does not apply to a registrant who, by reason of section 206.1, is not entitled to include, in determining an input tax refund, an amount in respect of tax payable by the registrant in respect of the property.

1991, c. 67, s. 209; 1993, c. 19, s. 188.

1992-07-01

209. Where a person who engages in commercial activities ceases at any time to be a registrant, the following rules apply:

(1)  the person is deemed, in the case of property other than capital property of the person,

(a)  to have made, immediately before that time, a supply of each property that immediately before that time was a property of the person that was held for consumption, use or supply in the course of commercial activities of the person; and

(b)  except where the supply is an exempt or non-taxable supply, to have collected, immediately before that time, tax in respect of the supply, calculated on the fair market value of the property at that time; and

(2)  the person is deemed, in the case of capital property of the person, to have ceased immediately before that time to use the property in commercial activities.

1991, c. 67, s. 209.