Input Tax Refund is an additional reimbursement of QST (Quebec Sales Tax) above the regular rebate rate of 47%. This reimbursement applies to expenses but depends on the level of commercial activity of the organization. In the Universityâ€(tm)s case, this is the amount of revenue earned from taxable or zero-rated sales to external parties (i.e. non-University departments).
Information Technology Review. An approval form required for certain computer equipment/service and software purchases over $250, and telecommunications equipment over $250.
Individual Turnover Report. The Exchange's Individual Turnover Report (ITR) provides historic turnover data for individual Equity and Fixed interest securities, in a report format, on a daily, monthly or yearly basis.