T-0.1 - Act respecting the Québec sales tax

Section 457.0.4 Disposition versions

2011-06-06

457.0.4. In determining the net tax for the first reporting period of a network seller following the second variant year of the network seller, the network seller shall not add an amount in accordance with section 457.0.2 if

(a)  the network seller meets the conditions of subparagraphs 1 and 2 of the first paragraph of section 297.0.4 for the second variant year and for each fiscal year, in respect of which an approval granted under section 297.0.7 is in effect, preceding the second variant year;

(b)  the network seller would meet the condition of subparagraph 3 of the first paragraph of section 297.0.4 for each of the first variant year and the second variant year if the reference in that subparagraph to “all or substantially all” were read as a reference to “at least 80%”; and

(c)  within 180 days after the beginning of the second variant year, the network seller requests in writing that the Minister revoke the approval.

2011, c. 6, s. 282.