Marine Atlantic v. The King – An Overview

In Marine Atlantic v the King (2023 TCC 95) the issue before the Court was the Appellant's entitlement to input tax credits (ITCs) in respect of property and services acquired or imported for consumption, use, or supply in the course of its commercial activities. Since the Appellant made both taxable and exempt supplies, they had to determine, for each acquisition or importation of property or a service, the extent to which it acquired or imported the specific property or service for consumption, use, or supply in the course of its commercial activities. It had to make a similar determination for the property (the New Vessels) that it brought into Nova Scotia and Newfoundland and Labrador.