Section 225.1

Subsection 225.1(2)

Administrative Policy

RC4082 "GST/HST Information for Charities" 6 December 2021 p. 14

Summary of s. 225.1(2) computation

To calculate your net tax remittance for a reporting period using the net tax calculation for charities,...

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RC4082 "GST/HST Information for Charities" 6 December 2021

Example

You are a charity resident in Alberta, and you are registered for the GST/HST. You operate an art gallery and use the net tax calculation...

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B

Administrative Policy

13 December 2017 Interpretation 187306

Under the net tax calculation for charities under s. 225.1, the charity is only eligible to claim ITCs for the GST/HST paid or payable in certain...

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Locations of other summaries Wordcount
Tax Topics - Excise Tax Act - Section 169 - Subsection 169(1) acquisition of property entails ownership transfer 120
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Capital Property s. 16.1 election did not deem leased property to be capital property 50

Subsection 225.1(6)

Forms

GST488 Election or Revocation of an Election Not to Use the Net Tax Calculation for Charities

Election

Charities that are GST/HST registrants have to calculate their net tax using the net tax calculation for charities. However, eligible...

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