T-0.1 - Act respecting the Québec sales tax

Section 350.0.1 Disposition versions

2022-06-08

350.0.1. In this subdivision,

“actual amount” means any amount that is required to be reported in an information return that a person is required to file under section 350.0.3 for a fiscal year of the person and that is

(1)  a tax amount for the fiscal year or a previous fiscal year of the person; or

(2)  an amount calculated using only tax amounts for the fiscal year or a previous fiscal year of the person, unless all of those tax amounts are required to be reported in the information return;

“tax amount” for a fiscal year of a person means an amount that

(1)  is tax paid or payable under any of sections 17 and 18 to 18.0.1.2, or is tax that is deemed under this Title to have been paid or become payable, by the person at any time during the fiscal year;

(2)  became collectible or was collected, or is deemed under this Title to have become collectible or to have been collected, by the person as or on account of tax under this Title in a reporting period of the person in the fiscal year;

(3)  is an input tax refund for a reporting period of the person in the fiscal year;

(4)  is an amount that is required to be added or that may be deducted in determining net tax for a reporting period of the person in the fiscal year; or

(5)  is required under this Title to be used in determining any amount described in paragraph 2 or 4, other than an amount that is consideration for a supply, an amount that is the value of a property or a service, or a percentage.

2012, c. 28, s. 112; 2022, c. 23, s. 197.

2012-12-07

350.0.1. In this subdivision,

“actual amount” means any amount that is required to be reported in an information return that a person is required to file under section 350.0.3 for a fiscal year of the person and that is

(1)  a tax amount for the fiscal year or a previous fiscal year of the person; or

(2)  an amount calculated using only tax amounts for the fiscal year or a previous fiscal year of the person, unless all of those tax amounts are required to be reported in the information return;

“tax amount” for a fiscal year of a person means an amount that

(1)  is tax paid or payable under sections 17, 18 and 18.0.1, or is tax that is deemed under this Title to have been paid or become payable, by the person at any time during the fiscal year;

(2)  became collectible or was collected, or is deemed under this Title to have become collectible or to have been collected, by the person as or on account of tax under this Title in a reporting period of the person in the fiscal year;

(3)  is an input tax refund for a reporting period of the person in the fiscal year;

(4)  is an amount that is required to be added or that may be deducted in determining net tax for a reporting period of the person in the fiscal year; or

(5)  is required under this Title to be used in determining any amount described in paragraph 2 or 4, other than an amount that is consideration for a supply, an amount that is the value of a property or a service, or a percentage.

2012, c. 28, s. 112.