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Election to not account for GST/HST on actual taxable supplies Effective for supplies made after March 21, 2013, the budget proposes to allow a participating employer of a pension plan and a pension entity of the pension plan to make a joint election to treat an actual taxable supply of property or a service by the employer to the pension entity as being made for no consideration where the employer accounts for and remits tax on the deemed supply of the property or service or on the consumption or use of inputs for the purpose of making the actual supply. ... Relief from accounting for tax on deemed taxable supplies Effective for fiscal years of an employer beginning after March 21, 2013, the budget also proposes that: A participating employer of a pension plan would be fully relieved from applying the deemed taxable supply rules in respect of the pension plan for a fiscal year where: an election with a pension entity of the pension plan to treat actual taxable supplies as being made for no consideration (discussed above) is not in effect for the employer; and the amount of the GST (including the federal part of the HST) that the employer was (or would have been, but for this measure) required to account for and remit under the deemed supply rules in respect of the pension plan in its preceding fiscal year is both less than $5,000 and less than 10% of the total net GST (including the federal part of the HST) paid by all pension entities of that pension plan in that preceding fiscal year. ... An employer that is entitled to relief under this provision would also be able to treat its actual taxable supplies as being for no consideration where the election, discussed above, is in effect. ...

Many factors must be taken into consideration in establishing whether an individual is an employee or is self-employed. ... In applying this factor, external influences such as economic conditions, changes in the public mood, etc., which may affect the sale of artistic or literary works will be taken into consideration, and (l) the nature of the literary works undertaken by a writer. ... The restrictions in section 67.1 on the amount that may be deducted for food or beverages consumption expenses (i.e., generally, 50% of such expenses-see the current version of IT-518, Food, Beverages and Entertainment Expenses) and the restrictions on motor vehicle expenses (see the current version of IT-521, Motor Vehicle Expenses Claimed by Self-Employed Individuals) must be taken into consideration in determining such travel expenses. ¶ 9. ...

When determining if land that is capital real property of an individual or personal trust is used primarily in a business rather than primarily in non-business uses immediately prior to its sale, consideration must be given to all uses of the land throughout the time it is owned by the individual or personal trust. 4. ... However, consideration should be given to possibility of section 196.1 applying in such circumstances Footnote 17. ... Footnotes Footnote 15 In the absence of legal restrictions such as minimum lot size or functional considerations such as needing additional land for road access, the amount of land considered to form part of the residential complex, i.e., the amount of land considered to be reasonably necessary for the use and enjoyment of the residential unit as a place of residence, would be restricted to a half hectare. ...

Many factors must be taken into consideration in establishing whether an individual is an employee or is self-employed. ... In applying this factor, external influences such as economic conditions, changes in the public mood, etc., which may affect the sale of artistic or literary works will be taken into consideration, and (l) the nature of the literary works undertaken by a writer. ... The restrictions in section 67.1 on the amount that may be deducted for food or beverages consumption expenses (i.e., generally, 50% of such expenses-see the current version of IT-518, Food, Beverages and Entertainment Expenses) and the restrictions on motor vehicle expenses (see the current version of IT-521, Motor Vehicle Expenses Claimed by Self-Employed Individuals) must be taken into consideration in determining such travel expenses. ¶ 9. ...

Many factors must be taken into consideration in establishing whether an individual is an employee or is self-employed. ... In applying this factor, external influences such as economic conditions, changes in the public mood, etc., which may affect the sale of artistic or literary works will be taken into consideration, and (l) the nature of the literary works undertaken by a writer. ... The restrictions in section 67.1 on the amount that may be deducted for food or beverages consumption expenses (i.e., generally, 50% of such expenses-see the current version of IT-518, Food, Beverages and Entertainment Expenses) and the restrictions on motor vehicle expenses (see the current version of IT-521, Motor Vehicle Expenses Claimed by Self-Employed Individuals) must be taken into consideration in determining such travel expenses. ¶ 9. ...

However, this subparagraph will only apply if the taxpayer settles or extinguishes all debt obligations for consideration that does not include any unit, interest, share, or debt obligation of: (a) the taxpayer; (b) any person with whom the taxpayer does not deal at arm's length; or (c) any partnership or trust of which the taxpayer or a person described in (b) above is a member or beneficiary. ... Subsection 18(9.1) deals with the deductibility of fees paid to a person or partnership to reduce the interest rate on a debt obligation, or as penalties or bonuses in consideration for the repayment of all or a portion of a debt obligation prior to its maturity. ... However, subsection 18(9.1) does not apply to any fee, penalty, or bonus that: may reasonably be considered to have been paid for the extension of the term of a debt obligation or as consideration for the substitution or the conversion of a debt obligation into another debt obligation or into a share; is contingent or dependent upon the use of, or production from, property; is computed by reference to revenue, profit cash flow, commodity price, or any similar criterion; or is computed by reference to any dividends paid or payable on any class of shares in a corporation. ...

Admission (consideration for the ticket) to the dance is exempt under section 3 of Part III of Schedule V as the dance is an extra-curricular activity organized under the authority and responsibility of the school authority and the supply is made by the school authority primarily to students of the school. ... Section 7.1 of Part III of Schedule V exempts, in part, “a supply of a service or membership the consideration for which is required to be paid by the recipient of a supply included in section 7 [of Part III of Schedule V] because the recipient receives the supply included in section 7” (for example, instruction in courses offered by a school authority for which credit may be obtained toward a diploma). 25. Examples of the supplies referred to in section 7.1 of Part III of Schedule V include supplies of various student club memberships where the consideration for these supplies must be paid by students because they receive a supply that is exempt under section 7 of Part III of Schedule V. 26. ...

A bonus or premium paid by a mortgagor to a mortgagee in consideration for the mortgagee's consent to an early redemption of the mortgage is considered to constitute an amount paid to a creditor on account or in lieu of payment of any debt and consequently this premium or bonus cannot qualify as an "eligible capital expenditure"; (d) amounts paid or payable by a corporation to a person in his or her capacity as a shareholder. ... Where goodwill, as a recognizable asset, is acquired by the purchaser of a business in the circumstances described in ¶ 6, the consideration given for the goodwill, as well as any legal and accounting fees that can be directly associated with the purchase of the goodwill, will qualify as an eligible capital expenditure. If the portion of the total consideration for the business that is allocated to the goodwill is unreasonable, or if the goodwill has a value which the vendor and purchaser have not specified, the Canada Revenue Agency (CRA) can apply the provisions of section 68 to deem what may reasonably be regarded as the amount for the goodwill. ...

However, this is an area where fact-patterns are likely to vary and a variety of considerations may apply. ... Has consideration been given to a potential adverse impact on the charity's reputation from its commercial operations? ... Is the activity commercial in nature—that is, does the charity derive revenue in consideration for the provision of goods or services? ...

From the fees paid to it, the organization keeps a 5% commission for the administrative services it provides and pays the remaining amount to the child care provider as consideration for the child care services that the organization acquires. ... The monthly fee is consideration for a supply of a service that includes accommodation and assistance with personal hygiene, grooming, and dressing. ... If a transaction consists of multiple supplies, it is necessary to determine whether one of those supplies is incidental to another and whether it may consequently be deemed to form part of a single supply pursuant to other provisions of the Act (such as section 138, which applies where the main and the incidental supplies are made for a single consideration). ...