Partial exemption: input tax recovery
Tuesday, April 02, 2024 2:00pm
Save the Date
Partially exempt businesses make both taxable and exempt supplies. This means that they must undertake partial exemption calculations to determine how much input tax they can recover.
In this webinar we will:
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Explain the basic principles of partial exemption;
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Take a detailed look at how input tax is attributed to supplies;
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Review how residual input tax is apportioned;
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Review when partial exemption calculations are done and how the de minimis test works.
