Associated Persons File Separate GST/HST Returns, but They Must Combine

Multiple Choice

Associated persons file separate GST/HST returns, but they must combine their total taxable sales of goods and services in certain situations. A Ltd. sells 100 percent fully taxable supplies, and B Ltd. sells 100 percent zero-rated supplies. In which of the following situations would the associated small businesses A Ltd. and B Ltd. NOT need to combine their taxable sales?

A) A Ltd. and B Ltd. would like to claim the full input tax credit on the purchase of a building for A Ltd.
B) A Ltd. and B Ltd. would like to use the small supplier's exemption.
C) A Ltd. and B Ltd. would like to use the quick method of accounting.
D) A Ltd. and B Ltd. would like to use the simplified method for calculating input tax credits.