Search - consideration

What are the tax considerations? It is only possible to receipt the transfer of a time-share if ownership of the deed title is first transferred to the donor then transferred to the charity. ... In cases where there is consideration, a business may claim these costs as promotional expenses, rather than seeking a charitable donation. ...

For dispositions made and changes of use that occur after March 21, 2017: this tax applies if the second recipient changes the use of the property or disposes of the property without the consent of the minister of ECC or a person designated by that minister determination of whether a recipient has changed the use of the property falls under the mandate of the minister of ECC Factual control of a corporation For tax years that begin after March 21, 2017, the determination of whether a taxpayer has any direct or indirect influence that, if exercised, would result in factual control of the corporation, shall: take into consideration all factors that are relevant in the circumstances; not be limited to whether the taxpayer has a legally enforceable right or ability to effect a change in the board of directors of the corporation, or its power, or to exercise influence over the shareholders who have that right or ability. ... For policy benefits received as a result of deaths that occurs after March 21, 2016: the legislation will be amended to ensure the insurance benefit limit applies as intended; the capital dividend account and paid-up capital rules for private corporations and the adjusted cost base rules for partnership interests will be amended where an interest in a life insurance policy was disposed of after 1999 and before March 22, 2016, for consideration in excess of the proceeds of the disposition determined under the policy transfer rule. ...

However, the amount may be consideration for a taxable supply for which an ITC may be claimed if the requirements for an ITC set out in section 169 are met or a public service body rebate if the requirements of section 259 are met. ... Where a minimum amount is paid per trip, the CRA would take into consideration whether this minimum amount was meant to defray expenses. 41. ...

Indicator(s): Percentage of partnership negotiations/discussions that included considerations of sustainability criteria; number of commitments completed in the action plan for integrating SD into partnerships. ... Annually we communicate with employees through SD national events-Earth Day, Environment Week, and Waste Reduction Week; campaigns such as our paper reduction campaign, updates and postings to our SD website; release of national and local SD messages, newsletters; and integration of SD messages and considerations into Agency communiqué and activities, such as BBQs and charitable campaigns. ...

Best practices for integrating SD into management tools and processes include the need to ensure that, in the normal, periodic review of our decision-making tools and processes, consideration is given to potential environmental effects, as well as economic and social effects. ... We worked towards achieving this commitment by:- working with our real property counterparts in the United States to ensure that our joint facilities projects comply with environmental legislation on both sides of the border, and demonstrate exemplary environmental stewardship;- promoting the integration of SD considerations and environmental best practices into the development of management contracts, specifications and design documents for the projects; and- the Ottawa Technology Centre, Northern Ontario Region produced a guide to green offices construction to assist in the greening of refit projects. ...

In urgent circumstances, the CRA will expedite consideration of these applications. ... To learn more about the disbursement quota, see: Annual spending requirement: www.cra.gc.ca/tx/chrts/prtng/spndng/menu-eng.html and, the disbursement quota checklist: www.cra.gc.ca/tx/chrts/chcklsts/dq-eng.html Split receipting Split receipting is a descriptive term used by the CRA for issuing tax receipts for a portion (the “eligible amount of a gift”) of an amount transferred to a registered charity where the donor receives an advantage (consideration) in return for a donation. ...

It was reasonable, at the time the prepaid arrangement was entered into, to expect that all or at least part of the consideration to pay for the cemetery services would be paid (or put into trust) before the individual's death. ... The provincial part of the HST does not apply to the cemetery services because they are supplied under a prepaid arrangement entered into before July 2010 and it was reasonable, at the time the prepaid arrangement was entered into, to expect that all or at least part of the consideration to pay for the cemetery services would be paid (or put into trust) before the individual's death. ...

As explained in TIB B-090, the determination of the nature of a supply that is made by electronic means is based on applying a number of factors and requires consideration of all relevant facts. ... GST/HST regulations SOR/2016-4, Various GST/HST Regulations, No. 7 (Newfoundland and Labrador – Rebate for Municipalities) GST/HST forms GST59, GST/HST Return for Imported Taxable Supplies, Qualifying Consideration, and Internal and External Charges GST489, Return for Self-Assessment of the Provincial Part of Harmonized Sales Tax (HST) GST494, Goods and Services Tax/Harmonized Sales Tax (GST/HST) Final Return for Selected Listed Financial Institutions GST498, GST/HST Rebate Application for Foreign Representatives, Diplomatic Missions, Consular Posts, International Organizations, Or Visiting Forces Units GST499-1, First Nations Tax (FNT) Schedule GST502, Election and Revocation of Election Between Auctioneer and Principal GST506, Election and Revocation of an Election Between Agent and Principal GST524, GST/HST New Residential Rental Property Rebate Application GST531, Return for Self-Assessment of the First Nations Goods and Services Tax (FNGST) RC1, Request for a Business Number RC1A, Business Number- GST/HST Account Information RC1C, Business Number- Import/Export Account Information RC79, Deposit Advice RC325, Address change request RC4607, GST/HST Pension Entity Rebate Application and Election RC7190-WS, GST190 Calculation Worksheet RC7207, GST/HST Rebate Application and Election for GST/HST and QST Purposes for Pension Entities that are Selected Listed Financial Institutions RC7207-1, QST Rebate Application and Election for Pension Entities that are Selected Listed Financial Institutions for GST/HST Purposes Only RC7294, GST/HST and QST Final Return for Selected Listed Financial Institutions RC7301, Request for a Business Number for Certain Selected Listed Financial Institutions RC7301A, Business Number- GST/HST Program Account Information and QST Registration for Selected Listed Financial Institutions GST/HST pamphlets and guides RC2, The Business Number and Your Canada Revenue Agency Program Accounts RC4022, General Information for GST/HST Registrants RC4027, Doing Business in Canada- GST/HST Information for Non-Residents RC4034, GST/HST Public Service Bodies' Rebate RC4036, GST/HST Information for the Travel and Convention Industry RC4049, GST/HST Information for Municipalities RC4058, Quick Method of Accounting for GST/HST RC4064, Disability-Related Information- 2015 RC4070, Information for Canadian Small Businesses RC4081, GST/HST Information for Non-Profit Organizations RC4231, GST/HST New Residential Rental Property Rebate GST/HST notices NOTICE290, Filing Deadline – Reminder to File Form RC4616 Before January 1, 2016 for Existing Section 156 Elections NOTICE291, Kahkewistahaw First Nation Implements the First Nations Goods and Services Tax NOTICE292, Proposed Public Service Bodies' Rebate for Municipalities in Newfoundland and Labrador- Questions and Answers GST/HST technical information bulletins B-032, Expenses Related to Pension Plans (revised) Excise duty forms L63, Licence and Registration Application Excise Act, 2001 Excise duty memoranda EDM3-1-2, Licensed Users All GST/HST, excise duty and excise taxes and special levies publications can be found on the CRA website at www.cra.gc.ca/gsthsttech, at www.cra.gc.ca/etsl and at www.cra.gc.ca/exciseduty. ...

Note that any supply of property or service where the consideration for the supply is payable or reimbursed by a provincial health care plan is exempt pursuant to section 9 of Part II of Schedule V to the extent that the health care plan pays or reimburses the consideration for the supply. ...

Paragraph 115(2)(d) deems a non-resident to have been employed in Canada in a particular taxation year, for purposes of subsection 2(3), if the non-resident was in that year one of the following persons: (a) a student in full-time attendance at a university, college or other educational institution in Canada which provides courses at a post-secondary school level in Canada; (b) a student attending or a teacher teaching at a university, college, or other educational institution outside Canada providing courses at a post-secondary school level, if that student or teacher had ceased in a previous year to be resident in Canada in the course of or after moving to attend or teach at that educational institution; (c) an individual who had ceased in a previous year to be resident in Canada in the course of or after moving to carry on research or any similar work under a grant received by the individual to enable him or her to carry on that research or work; (d) an individual who had ceased in a previous year to be resident in Canada and who in the current year received remuneration from an office or employment paid directly or indirectly by a person resident in Canada; or (e) a person who received an amount in the current year under a contract, if the amount was or will be deductible by a taxpayer subject to Part I tax and can reasonably be regarded as having been received in whole or in part, regardless of when the contract was entered into or the form or legal effect of the contract, as (i) consideration or partial consideration for entering into a contract of service or for services to be performed in Canada (i.e., a signing bonus- see the current version of IT-168), or for undertaking not to enter into such a contract with another party, or (ii) remuneration or partial remuneration from the duties of an office or employment or compensation or partial compensation for services to be performed in Canada. 20. ...