Search - consideration

When the lawyer completed the transaction he issued, in error, an existing class of preference shares ("old" preference shares), as consideration for the re-purchase of common shares. ...

Following a thorough analysis of the Williams case and due consideration of extensive input from the Indian community, the Department has developed four guidelines dealing with the taxation of employment income of Indians. ...

As stated in paragraph 3 of Interpretation Bulletin IT-339R2 "Meaning of "Private Health Services Plan"", a plan of insurance must contain the following basic elements of insurance: a)an undertaking by one person, b)to indemnify another person, c)for agreed consideration, d)from the loss or liability in respect of an event, e)the happening of which is uncertain. ...

XXXXXXXXXX 941179 Attention: XXXXXXXXXX May 31, 1994 Dear Sirs: Re: Registered Retirement Savings Plan (RRSP) This is in reply to your letter of April 15, 1994, in which you ask whether section 74.1 of the Income Tax Act (unless as otherwise stated all references to this statute are to the Income Tax Act S.C. 1970-71-72, c. 63 as amended, consolidated to June 10, 1993- the "Act") would apply where: an individual transfers cash to a spouse for no consideration, the spouse contributes the cash to an RRSP of which the spouse is the annuitant, the spouse claims the contribution deduction pursuant to 146(5) of the Act, and some time later the spouse withdraws the money and that amount is included in the spouse's income pursuant to subsection 146(8) and paragraph 56(1)(h) of the Act. ...

Subsection 49(3) provides that in computing the vendor's proceeds of disposition of the property, there shall be included the consideration received for the option. ...

In determining whether a fee is reasonable, the amount of time spent and the type of work done by the person providing the advice or service will be taken into consideration. ...

The Department takes many factors into consideration in establishing whether an individual is an employee or self-employed. ...

The assets of the proprietorship were transferred to the corporation for consideration that consisted of common shares and a note payable to the shareholder. ...

We will be forwarding this matter to the attention of the Department of Finance for their consideration. ...

Consideration would have to be given to whether the up-front fee was reasonable and whether a portion of the annual maintenance fee could be considered to be for use of the custom computer software. ...