Search - consideration

The value of consideration can be determined by applying a “rebate factor”. ... Applying the rebate factor to calculate the value of the consideration Value of consideration (where purchaser is not entitled to the Nova Scotia rebate) 14. ... Value of consideration (where purchaser is entitled to the Nova Scotia rebate) 16. ...

The value of consideration can be determined by applying a “rebate factor”. ... Applying the rebate factor to calculate the value of the consideration Value of consideration (where purchaser is not entitled to the Nova Scotia rebate) 14. ... Value of consideration (where purchaser is entitled to the Nova Scotia rebate) 16. ...

The value of consideration can be determined by applying a “rebate factor”. ... Applying the rebate factor to calculate the value of the consideration Value of consideration (where purchaser is not entitled to the Nova Scotia rebate) 14. ... Value of consideration (where purchaser is entitled to the Nova Scotia rebate) 16. ...

This memorandum explains how the value of consideration for a supply is to be converted into Canadian currency for GST/HST purposes where the consideration is expressed in foreign currency. ... Generally, under subsection168(1), the GST/HST is payable by the recipient of a taxable supply on the earlier of the day the consideration for the supply is paid and the day the consideration for the supply becomes due. 3. ... Day consideration is paid 10. The value of the consideration in equivalent Canadian currency may be calculated on the day the payment in respect of a supply is paid to the supplier. ...

Reduction in consideration ss 232(2) 5. Where a supplier has charged to, or collected from, another person tax and there has been a reduction in the consideration after the GST/HST has been charged or collected, the supplier may adjust the amount of tax charged but not collected by subtracting the portion of tax that was calculated on the amount by which the consideration was reduced, where tax calculated on the consideration or part was charged but not collected; and credit or refund the tax collected on the portion of the consideration or part that was reduced, where tax calculated on the consideration or part was collected. 6. A reduction in consideration may occur under the following circumstances: when some or all of the consideration is returned; as a result of surpassing a certain volume of purchases, i.e., a volume rebate; where goods delivered are found to be substandard; or where goods are returned to the supplier for a full or partial refund of the consideration. 7. ... An early payment discount to which section 161 applies is not considered to be a reduction of consideration. 10. ...

Reduction in consideration ss 232(2) 5. Where a supplier has charged to, or collected from, another person tax and there has been a reduction in the consideration after the GST/HST has been charged or collected, the supplier may adjust the amount of tax charged but not collected by subtracting the portion of tax that was calculated on the amount by which the consideration was reduced, where tax calculated on the consideration or part was charged but not collected; and credit or refund the tax collected on the portion of the consideration or part that was reduced, where tax calculated on the consideration or part was collected. 6. A reduction in consideration may occur under the following circumstances: when some or all of the consideration is returned; as a result of surpassing a certain volume of purchases, i.e., a volume rebate; where goods delivered are found to be substandard; or where goods are returned to the supplier for a full or partial refund of the consideration. 7. ... An early payment discount to which section 161 applies is not considered to be a reduction of consideration. 10. ...

Reduction in consideration ss 232(2) 5. Where a supplier has charged to, or collected from, another person tax and there has been a reduction in the consideration after the GST/HST has been charged or collected, the supplier may adjust the amount of tax charged but not collected by subtracting the portion of tax that was calculated on the amount by which the consideration was reduced, where tax calculated on the consideration or part was charged but not collected; and credit or refund the tax collected on the portion of the consideration or part that was reduced, where tax calculated on the consideration or part was collected. 6. A reduction in consideration may occur under the following circumstances: when some or all of the consideration is returned; as a result of surpassing a certain volume of purchases, i.e., a volume rebate; where goods delivered are found to be substandard; or where goods are returned to the supplier for a full or partial refund of the consideration. 7. ... An early payment discount to which section 161 applies is not considered to be a reduction of consideration. 10. ...

Total consideration must not exceed $481,500. For further information, see the discussion of total consideration in Section 19.3.1, Rebate for Builder-Built Unit (Land Purchased). ... It is calculated as 2.34% of the total consideration to a maximum of $8,750. The rebate gradually reduces to zero as total consideration increases from $374,500 to $481,500. ...

Total consideration must not exceed $481,500. For further information, see the discussion of total consideration in Section 19.3.1, Rebate for Builder-Built Unit (Land Purchased). ... It is calculated as 2.34% of the total consideration to a maximum of $8,750. The rebate gradually reduces to zero as total consideration increases from $374,500 to $481,500. ...

Total consideration must not exceed $481,500. For further information, see the discussion of total consideration in Section 19.3.1, Rebate for Builder-Built Unit (Land Purchased). ... It is calculated as 2.34% of the total consideration to a maximum of $8,750. The rebate gradually reduces to zero as total consideration increases from $374,500 to $481,500. ...