GST/HST Memorandum 17-13 [17.13] "Application of Section 141.02 to Financial Institutions That Are Qualifying Institutions" 23 July 2021

Appraisal received by bank regarding proposed mortgage loan is an exclusive input

Example 3

Bank C provides a mortgage loan to an individual who...

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Overhead expense is a direct input if it can be attributed even in part to making of particular supplies

26. A business input that might be...

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Paraphrase of s. 141.02(8)

48. … [U]nder subsection 141.02(8), the following rules apply:

• the extent to which the consumption or use of the...

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Minister required to establish that changed method is fair and reasonable

40. Under subsection 141.02(32), the Minister may, by notice in writing,...

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