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NOTICE236    Draft GST/HST Technical Information Bulletin on the ITC Allocation Methods for Financial Institutions - For Discussion Purposes Only

Notice to the reader:
Reference in this publication is made to supplies that are subject to the GST or the HST. Effective July 1, 2010, the HST applies in the participating provinces at the following rates: 13% in Ontario, New Brunswick and Newfoundland and Labrador, 15% in Nova Scotia, and 12% in British Columbia. The GST applies in the rest of Canada at the rate of 5%.

GST/HST Notice No. 236, Draft GST/HST technical information bulletin, Input Tax Credit Allocation Methods for Financial Institutions for Purposes of Section 141.02 of the Excise Tax Act has been cancelled. Refer to GST/HST Technical Information Bulletin B-106, Input Tax Credit Allocation Methods for Financial Institutions for Purposes of Section 141.02 of the Excise Tax Act.

Last update: 2008-09-04

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