T-0.1 - Act respecting the Québec sales tax

Section 199.0.1 Disposition versions

2001-12-20

199.0.1. Where a motor vehicle is supplied to a person by way of retail sale and, during a reporting period of the person during which the person is a registrant, tax in respect of the supply is paid by the person, the amount determined by the following formula is an input tax refund of the person in respect of the motor vehicle for the period:

A × B.

For the purposes of the formula,

(1)  A is the tax in respect of the supply that is paid by the person during the reporting period; however, the tax paid by the person in respect of a retail sale referred to in paragraph 2 of the definition of “retail sale” in section 1 is deemed to be nil;

(2)  B is the percentage determined under subparagraph 2 of the second paragraph of section 199.

2001, c. 51, s. 271.