New Harmonized Value-added Tax System Regulations — 19
19 Section 1 applies (a) to any supply (other than a supply deemed under subsection 191(1) of the Excise Tax Act to have been made) made on or after October 1, 2016; (b) to any supply of a residential complex — being a single unit residential complex or a residential condominium unit — deemed under subsection 191(1) of the Excise Tax Act to have been made on or after October 1, 2016, unless the supply is deemed to have been made as a consequence of the builder of the complex having given possession or use of the complex to a person under a written agreement, entered into on or before June 16, 2016 for the supply by way of sale of the building or part of it in which the residential unit forming part of the complex is situated; (c) to any supply (other than a supply deemed under Part IX of the Excise Tax Act to have been made) by way of sale of real property made before October 1, 2016 if ownership and possession of the property are transferred to the recipient of the supply on or after that date, unless the real property is a single unit residential complex (as defined in subsection 254(1) of that Act) or a residential condominium unit and the supply is made under an agreement in writing entered into on or before June 16, 2016; (d) to any consideration for a supply (other than a supply by way of sale of real property) made before October 1, 2016 that becomes due, or is paid without having become due, on or after October 1, 2016; (e) to goods imported into Canada on or after October 1, 2016; (f) to goods imported into Canada before October 1, 2016 that are, on or after that date, accounted for under subsection 32(1), paragraph 32(2)(a) or subsection 32(5) of the Customs Act or released in the circumstances set out in paragraph 32(2)(b) of that Act; (g) to property brought into Prince Edward Island on or after October 1, 2016; (h) to property that is brought into Prince Edward Island before October 1, 2016 by a carrier if the property is delivered in Prince Edward Island to a consignee on or after that date; (i) for the purpose of determining the tax rate for Prince Edward Island in determining the amount for that province that, under subsection 225.2(2) of the Excise Tax Act , is required to be added to, or may be deducted from, the net tax for a reporting period of a financial institution that ends after September 2016; (j) for the purposes of determining the value of E 4 in subsection 7(7) of the Games of Chance (GST/HST) Regulations for any reporting period that ends on or after February 28, 2017, except that in respect of a reporting period that includes February 28, 2017, clause (A) of that E 4 is to be read as follows: (A) if the benefit amount is required to be included under paragraph 6(1)(a) or (e) of the Income Tax Act and the last establishment at which the individual ordinarily worked or to which the individual ordinarily reported in the previous calendar year in relation to the individual’s office or employment with the authority is located in a participating province, (I) if the participating province is New Brunswick or Newfoundland and Labrador, 13 %, (II) if the participating province is Prince Edward Island, 13.25%, and (III) in any other case, the total of 4% and the tax rate for the participating province, and (k) for the purposes of determining or calculating any of the following if none of paragraphs (a) to (j) applies: (i) tax in respect of Prince Edward Island on or after October 1, 2016, (ii) tax that is not payable in respect of Prince Edward Island, but would have been payable in respect of that province on or after October 1, 2016 in the absence of certain circumstances described in the Excise Tax Act , or (iii) an amount or number, at any time on or after October 1, 2016, by or in accordance with an algebraic formula that makes reference to the tax rate for a participating province if the amount or number is to be determined or calculated in respect of Prince Edward Island.