Words and Phrases - "first order supply rule"

a
86
b
44
c
76
d
50
e
38
f
31
g
18
h
14
i
73
j
2
k
2
l
32
m
56
n
25
o
38
p
80
q
3
r
76
s
89
t
46
u
15
v
9
w
23
y
2

Bank of Montreal v. Canada (Attorney General), 2020 FC 1014, aff'd 2021 FCA 189

Summary Under
Tax Topics - Excise Tax Act - Section 141.02 - Subsection 141.02(18)
Minister's rejection of bank's proposed methodology based on perceived distortions, was reasonable

The Minister rejected (under s. 141.02(20)) the request of the registrant (the “Bank”) for approval of an “output method formula” ITC...

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Words and Phrases
first order supply rule
Locations of other summaries Wordcount
Tax Topics - Excise Tax Act - Section 141.01 - Subsection 141.01(5) flexibility in choice of ITC allocation method for non-FIs 116
Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Financial Service - Paragraph (d) borrowing and paying interest is the supply of a financial service 144
Tax Topics - Excise Tax Act - Schedules - Schedule VI - Part IX - Section 1 interest expense of Canadian bank on foreign borrowings was a proxy for zero-rated supplies by it 62