New Harmonized Value-added Tax System Regulations — 58.65
Adaptation — paragraph 172.1(5)(c) of Act 58.65 (1) If a participating employer of a pension plan acquires property or a service for the purpose of making a supply of all or part of the property or service to a pension entity of the pension plan before April 2025, for the purposes of determining the value for B in paragraph 172.1(5)(c) of the Act, the amount for Nova Scotia in respect of a taxable supply of all or part of the property or service deemed to have been made under paragraph 172.1(5)(a) of the Act is determined by adapting the description of F in paragraph 172.1(5)(c) of the Act to read as follows: F is the provincial factor in respect of the pension plan and the participating province for the particular fiscal year, determined as if the tax rate for Nova Scotia on the last day of the particular fiscal year were 10%; and Adaptation — paragraph 172.1(5.1)(c) of Act (2) If a participating employer of a pension plan acquires property or a service for the purpose of making a supply of all or part of the property or service to a master pension entity of the pension plan before April 2025, for the purposes of determining the value for B in paragraph 172.1(5.1)(c) of the Act, the amount for Nova Scotia in respect of a taxable supply of all or part of the property or service deemed to have been made under paragraph 172.1(5.1)(a) of the Act is determined by adapting the description of G in paragraph 172.1(5.1)(c) of the Act to read as follows: G is the provincial factor in respect of the pension plan and the participating province for the particular fiscal year, determined as if the tax rate for Nova Scotia on the last day of the particular fiscal year were 10%, and Adaptation — paragraphs 172.1(6)(c) and (7)(c) of Act (3) In respect of a fiscal year of a person that includes April 1, 2025, for the purposes of determining the value for B in paragraph 172.1(6)(c) of the Act and the value for B in paragraph 172.1(7)(c) of the Act, the amount for Nova Scotia is determined by adapting the description of F in paragraph 172.1(6)(c) of the Act and the description of F in paragraph 172.1(7)(c) of the Act to read as follows: F is the provincial factor in respect of the pension plan and the participating province for the particular fiscal year, determined as if the tax rate for Nova Scotia on the last day of the particular fiscal year were the rate determined by the formula 10% − (1% × G/H) where G is the number of days in the particular fiscal year that are after March 2025, and H is the number of days in the particular fiscal year; and Adaptation — paragraph 172.1(6.1)(c) of Act (4) In respect of a fiscal year of a person that includes April 1, 2025, for the purposes of determining the value for B in paragraph 172.1(6.1)(c) of the Act, the amount for Nova Scotia is determined by adapting the description of G in that paragraph to read as follows: G is the provincial factor in respect of the pension plan and the participating province for the particular fiscal year, determined as if the tax rate for Nova Scotia on the last day of the particular fiscal year were the rate determined by the formula 10% − (1% × G 1 /G 2 ) where G 1 is the number of days in the particular fiscal year that are after March 2025, and G 2 is the number of days in the particular fiscal year, and Adaptation — paragraph 172.1(7.1)(c) of Act (5) In respect of a fiscal year of a person that includes April 1, 2025, for the purposes of determining the value for B in paragraph 172.1(7.1)(c) of the Act, the amount for Nova Scotia is determined by adapting the description of G in that paragraph to read as follows: G is the provincial factor in respect of the particular pension plan and the participating province for the particular fiscal year, determined as if the tax rate for Nova Scotia on the last day of the particular fiscal year were the rate determined by the formula 10% − (1% × G 1 /G 2 ) where G 1 is the number of days in the particular fiscal year that are afte