GST/HST rebate – Election under subsection 261.31(3) by the segregated fund and insurer

 Form GST189 – Reason code 26

Reason code 26 provides for a rebate of tax paid or credited to the segregated fund of an insurer because of an election made under subsection 261.31(3) of the Excise Tax Act for supplies made by the insurer to its segregated fund.