Search - consideration

If the disposition is not at arm's length and the consideration is less than fair market value, proceeds will be considered to be equal to fair market value, in accordance with subsection 116(5.1). 21. ... The transactions must not result in any gains or any benefit conferred on any person and there must be absolutely no non‑share consideration involved. ... In the case of a Petroleum and Natural Gas Lease, the bonus portion (bonus consideration) is subject to the provisions of subsection 116(5.2). ...

Recipient of a supply of property or a service means: where consideration for the supply is payable under an agreement for the supply, the person who is liable under the agreement to pay that consideration where the above bullet does not apply and consideration is payable for the supply, the person who is liable to pay that consideration where no consideration is payable for the supply: in the case of a supply of property by way of sale, the person to whom the property is delivered or made available in the case of a supply of property otherwise than by way of sale, the person to whom possession or use of the property is given or made available in the case of a supply of a service, the person to whom the service is rendered Any reference to a person to whom a supply is made must be read as a reference to the recipient of the supply. ... Calculating the rebate Use the following formula to determine the amount of the rebate you can claim as the recipient of a supply made in a particular participating province of intangible personal property or a service: A – B where: A is the amount of the provincial part of the HST that becomes payable for the supply B is the total of all amounts, each of which is determined for a participating province by the formula: C × D where: C is: zero if the property or service is a specified item for the participating province in any other case, the amount of tax that would have become payable by the person for the supply if that tax were calculated on the amount of consideration for the supply: at the tax rate for the participating province, if the tax rate for the participating province is lower than the tax rate for the particular participating province in any other case, at the tax rate for the particular participating province D is the extent (expressed as a percentage) to which you acquired the property or service for consumption, use, or supply in the participating province Filing instructions For details on how to calculate your total rebate, see Part D – Rebate claimed. ... Qualifying prepared food and beverages Qualifying prepared food or beverages that are ready for immediate consumption and that are sold for a total consideration of not more than $4.00, whether consumed on or off the premises where they are sold qualify for the point-of-sale rebate. ...

It also includes accepting (whether as a principal or agent, or directly or indirectly) consideration for the sale or promotion of such an arrangement. ... During the course of a regular audit, an auditor may discover circumstances that prompt consideration of the penalties. ... The member of the technical support section of the TPPRC will inform the field office whether the situation indicates an egregious circumstance that warrants further consideration. 83. ...

As shown by the examples to follow, determining which person is entitled to an ITC in cases involving a supply of imported goods requires consideration of all relevant facts. ... Generally Footnote 30, if the constructive importer at any time pays, or agrees to pay, the supplier an amount in respect of duties or taxes payable Footnote 31 on the goods, that amount is added to the consideration for the supply and tax becomes payable on that additional consideration at that time Footnote 32. ... There is no consideration charged to the manufacturer for the use of the goods. 3. ...

[Footnote 43] The rate of 25% applies to any amount paid to a resident of Tanzania as consideration for the right to exploit a mine, oil well or quarry, or any other place of extraction of natural resources. ... Lump sum payments from an RRSP or RRIF and other plans which are not in consideration of past employment and lump sum annuity payments are not dealt with under the pension article of this Convention. ... The pension is defined in the Convention as periodic payments made in consideration of past services. ...

It also includes accepting (whether as a principal or agent, or directly or indirectly) consideration for the sale or promotion of such an arrangement. ... During the course of a regular audit, an auditor may discover circumstances that prompt consideration of the penalties. ... The member of the technical support section of the TPPRC will inform the field office whether the situation indicates an egregious circumstance that warrants further consideration. 83. ...

As shown by the examples to follow, determining which person is entitled to an ITC in cases involving a supply of imported goods requires consideration of all relevant facts. ... Generally Footnote 30, if the constructive importer at any time pays, or agrees to pay, the supplier an amount in respect of duties or taxes payable Footnote 31 on the goods, that amount is added to the consideration for the supply and tax becomes payable on that additional consideration at that time Footnote 32. ... There is no consideration charged to the manufacturer for the use of the goods. 3. ...

[Footnote 43] The rate of 25% applies to any amount paid to a resident of Tanzania as consideration for the right to exploit a mine, oil well or quarry, or any other place of extraction of natural resources. ... Lump sum payments from an RRSP or RRIF and other plans which are not in consideration of past employment and lump sum annuity payments are not dealt with under the pension article of this Convention. ... The pension is defined in the Convention as periodic payments made in consideration of past services. ...

As shown by the examples to follow, determining which person is entitled to an ITC in cases involving a supply of imported goods requires consideration of all relevant facts. ... Generally Footnote 30, if the constructive importer at any time pays, or agrees to pay, the supplier an amount in respect of duties or taxes payable Footnote 31 on the goods, that amount is added to the consideration for the supply and tax becomes payable on that additional consideration at that time Footnote 32. ... There is no consideration charged to the manufacturer for the use of the goods. 3. ...

It also includes accepting (whether as a principal or agent, or directly or indirectly) consideration for the sale or promotion of such an arrangement. ... During the course of a regular audit, an auditor may discover circumstances that prompt consideration of the penalties. ... The member of the technical support section of the TPPRC will inform the field office whether the situation indicates an egregious circumstance that warrants further consideration. 83. ...