T-0.1 - Act respecting the Québec sales tax

Section 670.36 Disposition versions

2009-05-15

670.36. Subject to section 670.41, a cooperative housing corporation is entitled to a rebate determined in accordance with section 670.37  if

(1)  pursuant to an agreement of purchase and sale, evidenced in writing and entered into before 3 May 2006, the cooperative housing corporation is the recipient of a taxable supply by way of sale from another person of a residential complex in respect of which ownership and possession under the agreement are transferred to the cooperative housing corporation after 31 December 2007;

(2)  the cooperative housing corporation is entitled to claim a rebate under subsection 4 of section 256.7 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15) in respect of the supply of the residential complex;

(3)  the cooperative housing corporation has paid all of the tax under section 16 in respect of the supply of the residential complex; and

(4)  the cooperative housing corporation is not entitled to claim an input tax refund or a rebate, other than a rebate under this section, or any of sections 378.10, 378.14, 383 to 388, 389, 394 to 397.2 and 670.8, in respect of the tax referred to in paragraph 3.

2009, c. 5, s. 672.