Section 206

Subsection 206(2) - Beginning Use in Commercial Activities

Administrative Policy

24 February 2011, CBA/CRA GST Round Table, Q. 15 - "Amalgamation & Successor Corp's ITC Entitlement"

In a corporate reorganization involving a GST registrant that is engaged exclusively in commercial activities, assets are first transferred to a...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Locations of other summaries Wordcount
Tax Topics - Excise Tax Act - Section 169 - Subsection 169(1) if predecessor denied ITC, Amalco may be able to claim basic tax content 174
Tax Topics - Excise Tax Act - Section 271 173

Subsection 206(3)

Administrative Policy

GST/HST Memorandum 17-12 [17.12] "Input Tax Credit Allocation Methods for Financial Institutions for Purposes of Section 141.02" 23 July 2021

Change of use reflected in specified method applied to computer use

  • Example (Example 13) of application of s. 206(3) so that a financial...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Subsection 206(5) - Reducing Use in Commercial Activities

Administrative Policy