Selected Listed Financial Institutions Attribution Method (GST/HST) Regulations — 46
d section 212.1 of the Act as a consequence of the application of Part 3.1 of the New Harmonized Value-added Tax System Regulations or Divisions 2 and 3 of Part 9.1 of the New Harmonized Value-added Tax System Regulations, No. 2 , G 41 is the specified percentage of the financial institution for the participating province and for the particular reporting period, G 42 is (i) if the participating province is British Columbia, 7%, and (ii) in any other case, the tax rate for the participating province, and G 43 is the rate set out in subsection 165(1) of the Act; (i) if the particular reporting period includes July 1, 2016 and the participating province is New Brunswick or Newfoundland and Labrador, the positive or negative amount determined by the formula –1 × (G 44 – G 45 ) × G 46 × (2%/G 47 ) × (G 48 /G 49 ) where G 44 is the total of the following amounts, each of which is determined for the particular reporting period and the participating province: (i) the total A amounts, (ii) the total for G 3 in paragraph (a), and (iii) the total for G 7 in paragraph (b), G 45 is the total of the following amounts, each of which is determined for the particular reporting period and the participating province: (i) the total B amounts, (ii) the total for G 2 in paragraph (a), and (iii) the total for G 8 in paragraph (b), G 46 is the specified percentage of the financial institution for the participating province and for the particular reporting period, G 47 is the rate set out in subsection 165(1) of the Act, G 48 is (i) if the financial institution is a distributed investment plan, the total of all amounts, each of which is determined by the formula A x B where A is an amount of tax that became payable by the financial institution during the particular reporting period, or that was paid by the financial institution during the particular reporting period without having become payable (A) under any of subsection 165(1) and sections 212 and 218 of the Act in respect of a supply or importation of property or a service, or (B) under section 218.01 of the Act for a particular specified year of the financial institution, and B is (A) in the case of an amount of tax described in clause (A) of the description of A, the extent to which the property is delivered or made available, or the service is rendered, before July 1, 2016, and (B) in the case of an amount of tax described in clause (B) of the description of A, the amount determined by the formula C/D where C is the number of days in the particular specified year before July 1, 2016, and D is the number of days in the particular specified year, and (ii) in any other case, the number of days in the particular reporting period before July 1, 2016, and G 49 is (i) if the financial institution is a distributed investment plan, the total of all amounts, each of which is an amount of tax that became payable by the financial institution during the particular reporting period, or that was paid by the financial institution during the particular reporting period without having become payable, under any of subsection 165(1) and sections 212, 218 and 218.01 of the Act, and (ii) in any other case, the number of days in the particular reporting period; (j) if the particular reporting period includes October 1, 2016 and the participating province is Prince Edward Island, the positive or negative amount determined by the formula –1 × (G 50 – G 51 ) × G 52 × (1%/G 53 ) × (G 54 /G 55 ) where G 50 is the total of the following amounts, each of which is determined for the particular reporting period and the participating province: (i) the total A amounts, (ii) the total for G 3 in paragraph (a), and (iii) the total for G 7 in paragraph (b), G 51 is the total of the following amounts, each of which is determined for the particular reporting period and the participating province: (i) the total B amounts, (ii) the total for G 2 in paragraph (a), and (iii) the total for G 8 in paragraph (b), G 52 is the specified perc