NPO-10 — Election out of the charity net tax calculation — Form GST488

Election out of the charity net tax calculation — Form GST488. Available only where the charity makes supplies outside Canada or zero-rated supplies in the ordinary course of business, or 90% or more of its supplies are taxable. RC4082 states plainly that most charities are not eligible. A charity that elects moves to the general net tax rules and normal ITC entitlement, and may then use the simplified ITC method. Do not present this as a routine planning option