Subsection 225.3(2)
Administrative Policy
B-107 "Investment Plans (Including Segregated Funds of an Insurer) and the HST" April 2013
For example, if a non-stratified exchange-traded fund has a large group of objecting beneficial owners and it is unable to obtain residency information required to determine the province of residency...for these unit holders from a third party service provider, the non-stratified exchange-traded fund may apply to the Minister for authorization to use an alternative method to determine its provincial attribution percentage for a participating province. A geographical analysis report from a third party indicating the province of residence of the unit holder that does not meet the specific information requirements in section 6 of the draft SLFI Regulations [now, s. 5] could be included to support the application to use an alternative method under section 225.3... .
Subsection 225.3(3)
Paragraph 225.3(3)(a)
Forms
RC7211 Application for Authorization or Revocation for an Exchange-Traded Fund to Use Particular Methods to Determine Its Provincial Attribution Percentages for an SLFI for GST/HST and QST Purposes or only for QST Purposes
When to use election form
Fill out this form if you are a selected listed financial institution (SLFI) for GST/HST and QST purposes that is an exchange-traded fund and you are requesting authorization, or revoking a currently granted authorization, to use particular methods to determine your provincial attribution percentage for each participating province for a fiscal year that ends in the tax year for the fund or for each exchange-traded series of the fund for the purposes of the special attribution method (SAM) formula in subsection 225.2(2) of the Excise Tax Act (ETA) or the adapted SAM formula in section 48 of the Selected Listed Financial Institutions Attribution Method (GST/HST) Regulations (SLFI Regulations). Do not use this area. In addition, fill out this form if you are an SLFI only for QST purposes that is an exchange-traded fund and you are requesting authorization, or revoking a currently granted authorization, to use particular methods to determine your provincial attribution percentage for Quebec for a fiscal year that ends in the tax year for the fund or for each exchange-traded series of the fund for the purposes of the SAM formula in section 433.16 or 433.16.2 of the Act Respecting the Québec Sales Tax (ARQST). Note Do not use this form if you are an exchange-traded fund that is an SLFI only for GST/HST purposes. Instead, use Form RC4611 … .