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T-0.1 - Act respecting the Québec sales tax
Section 362.3
Disposition versions
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
50% × A; and
(2) where the total consideration is more than $200,000 but less than $300,000, the amount determined by the formula
$9,975 × [($300,000 - B)/$100,000].
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) (subparagraph repealed);
(3) B is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
[50% × (A − B)] + B; and
(2) where the total consideration is more than $200,000 but less than $300,000, the amount determined by the formula
{$9,804 × [($300,000 - C)/$100,000]} + B.
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (R.S.C. 1985, c. E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
[50% × (A − B)] + B; and
(2) where the total consideration is more than $200,000 but less than $300,000, the amount determined by the formula
{$8,772 × [($300,000 - C)/$100,000]} + B.
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (R.S.C. 1985, c. E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
[36% × (A − B)] + B; and
(2) where the total consideration is more than $200,000 but less than $225,000, the amount determined by the formula
{$6,316 × [($225,000 − C) / $25,000]} + B.
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
[36% × (A − B)] + B; and
(2) where the total consideration is more than $200,000 but less than $225,000, the amount determined by the formula
{$5,573 × [($225,000 − C) / $25,000]} + B.
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
[36% × (A − B)] + B; and
(2) where the total consideration is more than $200,000 but less than $225,000, the amount determined by the formula
{$5,607 × [($225,000 − C) / $25,000]} + B.
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $200,000, the amount determined by the formula
[36% × (A − B)] + B; and
(2) where the total consideration is more than $200,000 but less than $225,000, the amount determined by the formula
{$5,642 × [($225,000 − C) / $25,000]} + B.
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $175,000, the amount determined by the formula
[36 % × (A - B)] + B; and
(2) where the total consideration is more than $175,000 but less than $200,000, the amount determined by the formula
[ ($200,000 - C) ]
[$4,937 × ----------------] + B.
[ $25,000 $ ]
[$4,937 × ----------------] + B.
[ $25,000 $ ]
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15); and
(3) C is the total consideration.
362.3. For the purposes of section 362.2, the rebate to which a particular individual is entitled in respect of a supply of a single unit residential complex or a residential unit held in co-ownership is equal to
(1) where the total consideration is not more than $175,000, the amount determined by the formula
[36 % × (A - B)] + B; and
(2) where the total consideration is more than $175,000 but less than $200,000, the amount determined by the formula
[ ($200,000 - C) ]Š [$4,278 × ----------------] + B.Š [ $25,000 $ ]
For the purposes of these formulas,
(1) A is the total tax paid by the particular individual;
(2) B is the tax paid under section 16 in respect of the amount of the rebate to which the particular individual is entitled in respect of the supply of the complex or unit under subsection 2 of section 254 of the Excise Tax Act (Revised Statutes of Canada, 1985, chapter E-15); and
(3) C is the total consideration.
