Selected Listed Financial Institutions Attribution Method (GST/HST) Regulations

Marginal note:Member of a partnership

6 For the purposes of this Part, if part of the operations of a selected listed financial institution that is a member of a partnership were conducted in partnership with one or more other persons during a particular period, the following rules apply:

• (a) the financial institution’s gross revenue for the particular period shall not include any portion of the total gross revenue of the partnership; and

• (b) the salaries and wages paid in the particular period by the financial institution shall not include any portion of the salaries and wages paid to employees of the partnership.