Subsection 188.2(2)
Administrative Policy
GST/HST Notice No. 324, "Mining Assets in respect of Cryptoassets" June 2025
Denial of ITCs by virtue of ss. 188.2(2) and (3) (under “Eligibility for ITCs”)
Subject to the exclusion in subsection 188.2(5), to the extent...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Virtual Payment Instrument | 141 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Cryptoasset | 55 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Mining Activity | 118 | |
| Tax Topics - Excise Tax Act - Section 188.2 - Subsection 188.2(4) | 150 | |
| Tax Topics - Excise Tax Act - Section 188.2 - Subsection 188.2(5) | 672 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Recipient | 208 | |
| Tax Topics - Excise Tax Act - Section 141.01 - Subsection 141.01(4) | 283 | |
| Tax Topics - Excise Tax Act - Section 200 - Subsection 200(2) | 427 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Consideration | deduction from consideration paid by crypto pool operator to taxable supplier generally treated as such rather than as consideration for supply by operator | 101 |
Subsection 188.2(4)
Administrative Policy
GST/HST Notice No. 324, "Mining Assets in respect of Cryptoassets" June 2025
No GST collectible re mining activity including generating network block subsidies (under “Collection of tax”)
Subject to the exclusion in...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Virtual Payment Instrument | 141 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Cryptoasset | 55 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Mining Activity | 118 | |
| Tax Topics - Excise Tax Act - Section 188.2 - Subsection 188.2(2) | 365 | |
| Tax Topics - Excise Tax Act - Section 188.2 - Subsection 188.2(5) | 672 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Recipient | 208 | |
| Tax Topics - Excise Tax Act - Section 141.01 - Subsection 141.01(4) | 283 | |
| Tax Topics - Excise Tax Act - Section 200 - Subsection 200(2) | 427 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Consideration | deduction from consideration paid by crypto pool operator to taxable supplier generally treated as such rather than as consideration for supply by operator | 101 |
Subsection 188.2(5)
Administrative Policy
GST/HST Notice No. 324, "Mining Assets in respect of Cryptoassets" June 2025
Under “Mining groups and mining group operators”
Example 1
Corporation A owns computing equipment for use in mining activities. Corporation B...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Virtual Payment Instrument | 141 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Cryptoasset | 55 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Mining Activity | 118 | |
| Tax Topics - Excise Tax Act - Section 188.2 - Subsection 188.2(4) | 150 | |
| Tax Topics - Excise Tax Act - Section 188.2 - Subsection 188.2(2) | 365 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Recipient | 208 | |
| Tax Topics - Excise Tax Act - Section 141.01 - Subsection 141.01(4) | 283 | |
| Tax Topics - Excise Tax Act - Section 200 - Subsection 200(2) | 427 | |
| Tax Topics - Excise Tax Act - Section 123 - Subsection 123(1) - Consideration | deduction from consideration paid by crypto pool operator to taxable supplier generally treated as such rather than as consideration for supply by operator | 101 |