I-1 - Retail Sales Tax Act

Section 14 Disposition versions

1991-01-01

14. The holder of a registration certificate or the person required to hold such a certificate shall act as agent for the Minister, and he shall keep account of, report and remit to him the amounts collected, on or before the fifteenth day of each month for the preceding calendar month or at the time determined by regulation, even if no sale or delivery subject to the tax was made during the month.

Notwithstanding the first paragraph, a person referred to by regulation, holding a registration certificate or a member of a class of persons referred to by regulation, holding a registration certificate may, for the purposes of computing the tax to be remitted, elect to determine such tax, for the periods during which the election is in effect, by a method prescribed by regulation.

For the purposes of this Act and the Act respecting the Ministère du Revenu (chapter M-31), the tax to be remitted, determined in accordance with the second paragraph, is deemed to be collected tax.

The person making an election under the second paragraph shall

(a)  file the election in prescribed form with the Minister, in such manner and with such information as he may prescribe,

(b)  indicate the day the election is to become effective, which day shall be the first day of a period in which a report is required to be filed under the first paragraph, and

(c)  file the election on or before the day on which he is required to file the report referred to in subparagraph b.

The election referred to in the second paragraph ceases to have effect on the earlier of

(a)  the first day of the period in which the report is required to be filed under the first paragraph and in which the person ceases to be a person referred to by regulation or a member of a class of persons referred to by regulation, and

(b)  the last day of the period for which a report is filed under the first paragraph, where the person files, with the report, a notice of revocation of the election in the form prescribed by the Minister and with such information as he may determine.

The notice of revocation of the election shall not be filed with a report filed under the first paragraph for a period that ends earlier than one year after the election became effective.

R. S. 1964, c. 71, s. 12; 1977, c. 5, s. 14; 1985, c. 25, s. 7; 1990, c. 60, s. 14.

1985-06-20

14. The holder of a registration certificate or the person required to hold such a certificate shall act as agent for the Minister, and he shall keep account of, report and remit to him the amounts collected, on or before the fifteenth day of each month for the preceding calendar month or at the time determined by regulation, even if no sale or delivery subject to the tax was made during the month.

R. S. 1964, c. 71, s. 12; 1977, c. 5, s. 14; 1985, c. 25, s. 7.

1977-12-31

14. The vendor or retailer shall act, in such cases, as agent for the Minister, and he shall account for and remit to him through the Ministère du Revenu the amounts so collected, on or before the fifteenth day of each month for the preceding calendar month, even if no sale or delivery subject to the tax was made during the month.

R. S. 1964, c. 71, s. 12; 1977, c. 5, s. 14.