Excise Tax Act — E-15 141.02
Definitions 141.02 (1) The definitions in this subsection apply in this section. adjusted tax credit amount means the amount determined, for a fiscal year of a person, by the formula A × 365/B where A is the tax credit amount of the person for the fiscal year; and B is the number of days in the fiscal year. ( montant de crédit de taxe rajusté ) adjusted total tax amount means the amount determined, for a fiscal year of a person, by the formula A × 365/B where A is the total tax amount of the person for the fiscal year; and B is the number of days in the fiscal year. ( montant total de taxe rajusté ) business input means an excluded input, an exclusive input or a residual input. ( intrant d’entreprise ) direct attribution method means a method, conforming to criteria, rules, terms and conditions specified by the Minister, of determining in the most direct manner the operative extent and the procurative extent of property or a service. ( méthode d’attribution directe ) direct input means property or a service, other than (a) an excluded input; (b) an exclusive input; or (c) a non-attributable input. ( intrant direct ) excluded input of a person means (a) property that is for use by the person as capital property; (b) property or a service that is acquired, imported or brought into a participating province by the person for use as an improvement to property described in paragraph (a); or (c) a prescribed property or service. ( intrant exclu ) exclusive input of a person means property or a service (other than an excluded input) that is acquired, imported or brought into a participating province by the person for consumption or use directly and exclusively for the purpose of making taxable supplies for consideration or directly and exclusively for purposes other than making taxable supplies for consideration. ( intrant exclusif ) non-attributable input of a person means property or a service that is (a) not an excluded input or an exclusive input of the person; (b) acquired, imported or brought into a participating province by the person; and (c) not attributable to the making of any particular supply by the person. ( intrant non attribuable ) operative extent of property or a service means, as the case may be, the extent to which the consumption or use of the property or service is for the purpose of making taxable supplies for consideration or the extent to which the consumption or use of the property or service is for purposes other than making taxable supplies for consideration. ( mesure d’utilisation ) procurative extent of property or a service means, as the case may be, the extent to which the property or service is acquired, imported or brought into a participating province for the purpose of making taxable supplies for consideration or the extent to which the property or service is acquired, imported or brought into a participating province for purposes other than making taxable supplies for consideration. ( mesure d’acquisition ) qualifying institution for a particular fiscal year means a person that (a) is a financial institution of a prescribed class throughout the particular fiscal year of the person; and (b) has two fiscal years immediately preceding the particular fiscal year and, for each of those two fiscal years, (i) the adjusted tax credit amount of the person equals or exceeds the prescribed amount for that prescribed class for the particular fiscal year, and (ii) the tax credit rate of the person equals or exceeds the prescribed percentage for that prescribed class for the particular fiscal year. ( institution admissible ) requested information means any information, additional information or document in respect of an application made by a person under subsection (18) that the Minister requests in writing from the person. ( renseignement demandé ) residual input means a direct input or a non-attributable input. ( intrant résiduel ) residual input tax amount of a person for a fiscal year means (a) if the person