TERMIUM Plus®

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NOTIONAL INPUT TAX CREDIT [1 record]

Record 1 2007-11-13

English

Subject field(s)
  • Taxation
CONT

The treatment of used goods under current federal sales tax [GST] includes a special mechanism - the national input tax credit - which was designed to remove the embedded tax in used goods when they are resold.

French

Domaine(s)
  • Fiscalité
CONT

À l'heure actuelle, ce régime [TPS] comporte un mécanisme spécial, le crédit de taxe sur les intrants fictif, qui est conçu pour éliminer la taxe comprise dans le prix de revente des produits d'occasion.

Spanish

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