Section 225.1

Subsection 225.1(2)

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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Locations of other summaries		Wordcount
Tax Topics - Excise Tax Act - Schedules - Schedule V - Part V.1 - Section 1 - Paragraph 1(g)		28
Tax Topics - Excise Tax Act - Schedules - Schedule V - Part V.1 - Section 1 - Paragraph 1(m)		144
Tax Topics - Excise Tax Act - Schedules - Schedule V - Part V.1 - Section 1 - Paragraph 1(c)		93

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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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