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

Marginal note:Prescribed financial institution — paragraph 225.2(1)(b) of Act

9 Subject to sections 10 to 15 and for the purpose of paragraph 225.2(1)(b) of the Act, a financial institution is a prescribed financial institution throughout a reporting period in a particular fiscal year that ends in a taxation year of the financial institution if the financial institution

• (a) has, at any time in the taxation year, a permanent establishment in a participating province and has, at any time in the taxation year, a permanent establishment in any other province; or

• (b) is a qualifying partnership during the taxation year.