Where a charity is a prescribed person for the purposes of subsection 259(12) during a reporting period of the charity, any input tax credit that the charity is entitled to claim in a return for that reporting period may be determined in accordance with Part V.1 of the Streamlined Accounting (GST/HST) Regulations as if the charity had made a valid election under section 227 that is in effect at all times while the charity is a prescribed person.
Where a charity is a prescribed person for the purposes of subsection 259(12) during a reporting period of the charity, any input tax credit that the charity is entitled to claim in a return for that reporting period may be determined in accordance with Part V.1 of the Streamlined Accounting (GST/HST) Regulations as if the charity had made a valid election under section 227 that is in effect at all times while the charity is a prescribed person.
Where a charity is a prescribed person for the purposes of subsection 259(12) during a reporting period of the charity, any input tax credit that the charity is entitled to claim in a return for that reporting period may be determined in accordance with Part V.1 of the Streamlined Accounting (GST) Regulations as if the charity had made a valid election under section 227 that is in effect at all times while the charity is a prescribed person.