Selected Listed Financial Institutions Attribution Method (GST/HST) Regulations — 62
s of these Regulations and the description of A 6 in subsection 225.2(2) of the Act, as adapted by subsection 48(1), and despite sections 19 and 30, the investment plan’s percentage for the series, for a participating province and for the preceding taxation year is equal to whichever of the following is applicable: (A) the estimate of that percentage that was used for the purposes of paragraph 228(2.1)(a) of the Act, as adapted by paragraph (b), in determining the interim net tax for the reporting periods of the investment plan that are included in the particular fiscal year, or (B) the estimate of that percentage that was used for the purposes of subsection 237(1) of the Act, as adapted by paragraph (c), in determining the instalments for the fiscal quarters of the investment plan ending in the particular fiscal year, (ii) for the purposes of these Regulations and the description of A 6 in subsection 225.2(2) of the Act, as adapted by subsection 48(1), and despite sections 19 and 30, the investment plan’s percentage for the series, for a participating province and for the taxation year in which the particular fiscal year ends is equal to (A) if an election under section 50 is in effect throughout the particular fiscal year, the investment plan’s percentage for the series, for the participating province and for the preceding taxation year, or (B) if no election under section 50 is in effect throughout the particular fiscal year, the percentage that would be the investment plan’s particular percentage for the series, for the participating province and for the preceding taxation year if the particular percentage were determined in accordance with the rules set out in (I) paragraph 63.1(b), if the investment plan has elected in prescribed form containing prescribed information to have that paragraph apply to the series, or (II) paragraph 63.1(c), in any other case, and (iii) for the purposes of the description of G in subsection 225.2(2) of the Act, for the reporting period of the investment plan that includes the reconciliation day, the positive or negative amount determined by the following formula is a prescribed amount: A – B where A is the total of all amounts, each of which is an amount that would be the net tax for a reporting period of the investment plan that is included in the particular fiscal year if (A) when no election under section 50 is in effect throughout the particular fiscal year, the investment plan’s percentage for the series, for a participating province and for the preceding taxation year were determined in accordance with the rules set out in section 63.1, and (B) when an election under section 50 is in effect throughout the particular fiscal year, the investment plan’s percentage for the series, for a participating province and for the taxation year in which the particular fiscal year ends were determined in accordance with the rules set out in section 63.1, and B is the total of all amounts, each of which is the net tax for a reporting period of the investment plan that is included in the particular fiscal year. SOR/2013-71, s. 2; SOR/2013-197, s. 6