Translation of "marchandise d occasion " (French → English) :

secondhand merchandise [ second-hand good | pre-owned merchandise | preowned goods | second-hand goods ]

secondhand merchandise | used goods | second-hand goods

clear-outs

second-hand goods

improve the conditions of second-hand merchandise | modify conditions of second-hand merchandise | better conditions of second-hand merchandise | improve conditions of second-hand merchandise

used car dealer [ used-car dealer ]

used car | secondhand car

second-hand aircraft | used aircraft

(b) where the tax-paid goods are used goods, the goods shall be deemed, for the purposes of section 176, to be used tangible personal property supplied in Canada by way of sale on January 1, 1991 to the person in respect of which tax was not payable by the person and to have been acquired for the purpose of supply in the course of commercial activities of the person for consideration paid on that day equal to 50% of the amount at which the goods would be required to be valued on that date for the purpose of computing the person’s income from a business for the purposes of the Income Tax Act.

(iii) in any other case, the total value of goods in the class (other than used goods) that form part of that inventory, as that total value would be required to be determined at the beginning of January 1, 1991 for the purpose of computing the person’s income from a business for the purposes of the Income Tax Act; or

(a) where the tax-paid goods are goods other than used goods, the Minister shall, on application made by the person, pay to that person a rebate in accordance with subsections (5) and (8); and

(B) the total value of goods (other than gasoline, diesel fuel and used goods) that would be inventory of the person at that time if the goods were tax-paid goods,