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

Meaning of qualifying partnership

2 For the purposes of these Regulations, a partnership is a qualifying partnership during a taxation year of the partnership if, at any time in the taxation year, the partnership has

• (a) a member that has, at any time in the taxation year of the member in which the taxation year of the partnership ends, a permanent establishment in a particular participating province through which a business of the partnership is carried on or that is deemed under section 3 to be a permanent establishment of the member; and

• (b) a member (including a member referred to in paragraph (a)) that has, at any time in the taxation year of the member in which the taxation year of the partnership ends, a permanent establishment in a province other than the particular participating province through which a business of the partnership is carried on or that is deemed under section 3 to be a permanent establishment of the member.