Search - consideration

Internal audits are identified using a risk-based approach that includes consideration of Agency-wide risks and CBP priorities as well as CAEB's risk assessment of the audit universe. ... Also, consideration is given to mandatory requirements (that is,. some issues may be ranked as relatively low risk but must be audited given commitments in Treasury Board (TB) submissions or memoranda of understanding with other organizations). ... Other factors taken into consideration are integration with input provided from the ERM team; program dimensions in terms of full-time equivalents, and fiscal impact; and major change initiatives from RIMC or TBS, for example— where CAEB work is integrated into the oversight framework and meeting the key audit assurance needs of key stakeholders such as the commissioner and the Board's Audit Committee. ...

Generally, a GST/HST registrant is eligible to claim an input tax credit (ITC) for the GST/HST paid or payable on a property or service only to the extent that the registrant acquires the property or service in order to make a taxable supply for consideration. ... As a result, if but for section 135 the sponsorship funds received would be consideration for a taxable supply, the public sector body will generally be eligible to claim an ITC on a property or service to the extent that the property or service is acquired by the body for use in making that supply. ... The $1 million is consideration for a supply of naming rights by the municipality, which is a supply of intangible personal property that does not fall under section 135. ...

Where the consideration for the rental is $20 per day or less, the rental is exempt regardless of the period of occupancy, provided the occupation is for use by an individual as a place of residence or lodging. ... The property taxes are considered part of the consideration for the rental of the property. ... Example- separate property Long-term tenants of an apartment building are provided a meal plan of 12 meals per week for a single consideration at dining facilities located on the ground floor of the building. ...

The provincial component of the HST is to be assessed on the percentage of the total consideration paid for the service or property that is attributable to consumption, use or supply by the recipient in participating provinces. ... Payment of the provincial component of the HST (ss 220.08(2)) The provincial component of the HST is payable each time an amount of consideration for the supply becomes due, or is paid without becoming due. ... Property that is brought into a participating province by a person where it is supplied to the person for no consideration, other than shipping and handling charges, as a replacement part under a warranty in respect of tangible personal property. 15. ...

This info sheet does not explain the consideration method or the floor space method that is used to determine the amount of a provincial transitional new housing rebate. ... The determination of the percentage of completion of the construction or substantial renovation of a residential complex does not take into consideration the cost of the land upon which the complex is situated because land is generally not regarded as being constructed or renovated. ... The expected total consideration payable to construct or substantially renovate the complex as of July 1, 2010, should include any adjustments to the consideration that are known or expected as of July 1, 2010. ...

Where the consideration for the rental is $20 per day or less, the rental is exempt regardless of the period of occupancy, provided the occupation is for use by an individual as a place of residence or lodging. ... The property taxes are considered part of the consideration for the rental of the property. ... Example- separate property Long-term tenants of an apartment building are provided a meal plan of 12 meals per week for a single consideration at dining facilities located on the ground floor of the building. ...

Generally, a GST/HST registrant is eligible to claim an input tax credit (ITC) for the GST/HST paid or payable on a property or service only to the extent that the registrant acquires the property or service in order to make a taxable supply for consideration. ... As a result, if but for section 135 the sponsorship funds received would be consideration for a taxable supply, the public sector body will generally be eligible to claim an ITC on a property or service to the extent that the property or service is acquired by the body for use in making that supply. ... The $1 million is consideration for a supply of naming rights by the municipality, which is a supply of intangible personal property that does not fall under section 135. ...

GST/HST and the new luxury tax Section 154 of the ETA provides, in part, that taxes, duties, and fees imposed by a federal, provincial, or territorial government and payable or collectible by a supplier of the property or services are generally included in the value of the consideration for a supply, with certain exceptions. ... Therefore, effective September 1, 2022, the GST/HST applies to the value of the consideration paid for subject items, inclusive of the luxury tax. ... Under section 154, the GST is calculated on the consideration payable for the passenger automobile, inclusive of the luxury tax, as follows: Cost of the passenger automobile: Luxury tax as calculated above: Total consideration for the passenger automobile: GST ($142,000 × 5%) $135,000 $7,000 $142,000 $7,100 For more information regarding the application of GST/HST to federal, provincial and territorial taxes, duties and fees, refer to GST/HST Memorandum 3-5, Application of GST/HST to Other Taxes, Duties, and Fees. ...

Little consideration is given to the management of risks in the organization, leaving it vulnerable and reactive. ... Also considered and factored into the risk consideration are the current environmental factors as noted in the CRA Corporate Business Plan. ... For example, SD considerations are included in the draft CRA corporate policy suite. ...

., wind storm, prolonged drought, severe hail, frost or flood) and fire, insects or disease and economic conditions which may affect the trees will be taken into consideration. ... Where a woodlot is a non-commercial woodlot, and money or other valuable consideration is received for the sale of timber or the right to cut timber, the sale proceeds are subject to tax on capital account, generally as a disposition of "personal-use property. ... New ¶ 12 has been added to clarify our interpretations and to take into consideration the impact of the decision of the Federal Court of Appeal in the case of Her Majesty the Queen v. ...