Search - consideration

Explanation Pursuant to subsections 165(1) and 165(2) of the Excise Tax Act (ETA), every recipient of a taxable supply made in Canada shall pay tax in respect of the supply calculated at the rate of 7% on the value of the consideration for the supply, or 15% when the supply is made in a participating province. ...

Explanation Generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada, tax in respect of the supply calculated at the GST rate of 7% or the HST of 15% where applicable, on the value of the consideration for the supply pursuant to subsections 165(1) and (2) of the Excise Tax Act (ETA). ...

Comments The Excise Tax Act ("ETA") provides that, generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada tax in respect of the supply calculated at the GST rate of 7% (or HST rate of 15%, as applicable) on the value of the consideration for the supply. ...

However, upon further consideration of the delay in obtaining regulatory approval for new tobacco brands, we are prepared to immediately permit XXXXX to be treated as eligible for exemption from the normal excise tax and marking requirements. ...

For our consideration, you included with your submission information concerning two products, the "XXXXX" and the "XXXXX". ...

Explanation Generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada tax in respect of the supply calculated at the GST rate of 7% (or HST rate of 15%, as applicable) on the value of the consideration for the supply. ...

Explanation Generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada tax in respect of the supply calculated at the GST rate of 7% (or HST rate of 15%, as applicable) on the value of the consideration for the supply. ...

Also note that if the association borrows individuals from the member companies to perform the audit and pays a fee to the lending member company, this fee may be subject to GST if it is consideration for a taxable supply. ...

The person must report the tax collectible in respect of an arm's length taxable supply (other than a zero-rated supply) on its GST/HST return for the appropriate reporting period, must remit the net tax remittable on that return, and must subsequently write off all or part of the consideration and tax for the supply as bad debt. ...

The amendment applies to supplies for which consideration became due after 1996 or was paid after 1996 without having become due unless the charity treated the supply as taxable on or before October 4, 2000. ...