Search - consideration

Therefore, consideration paid to XXXXX in respect of the application process would be for "arranging for" a financial service as stated in paragraph (l) of subsection 123(1). XXXXX would not be required to collect GST/HST on the consideration received for this supply. ...

Where a person acquires or imports property or a service or brings it into a participating province for consumption or use in the course of its endeavour, to the extent that it does so for the purpose of making taxable supplies for consideration, subsection 141.01(2) deems the person to have acquired, imported or brought in the property or service for consumption or use in the course of its commercial activities. To the extent that a person acquires, imports or brings in property or a service for the purpose of making supplies that are not taxable supplies for consideration, or for a purpose other than making supplies in the course of its endeavour, subsection 141.01(2) deems the person to have acquired, imported or brought in the property or service for consumption or use otherwise than in the course of its commercial activities. ...

Thus, if an aircraft engine is sent outside of Canada for repair under a warranty and the supplier were to send a new engine because the damaged engine could not be repaired and this new engine was supplied for no consideration other than shipping and handling charges, the new engine as a good would qualify as a replacement part under section 5 of Schedule VII. ... This provision applies where goods which include parts are exported for warranty repair work and the repaired goods are returned to the person in Canada on a no charge basis. b) Section 5 of Schedule VII applies to "goods that are imported by a particular person where the goods are supplied to the particular person by a non-resident person for no consideration, other than shipping and handling charges, as replacement parts under a warranty in respect of tangible personal property". ...

Under the heading "Conclusion", we suggest that you revise the first two sentences of the last paragraph to read "The fact that the consideration of XXXXX is collected through intermediaries, on behalf of the XXXXX should not change the tax status of the exempt supply of a property certificate. This payment remains the consideration for an exempt supply of a property tax certificate made by the XXXXX. ...

XXXXX has specifically asked whether XXXXX is incurring the expenses under Paragraphs 3 & 4 of the standard agreements as an agent of the property owners or if the reimbursement of these expenses is deemed, pursuant to section 178 of the Excise Tax Act (ETA), to be part of the consideration for the supply of XXXXX services to the property owners. ... However, the importance of any one indicator will depend on the facts of the specific expense under consideration. ...

There may be occasions where the GST registered mail order company has charged or collected from another person tax under Division II calculated on the consideration, and subsequently adjusts the consideration. ...

When determining who is considered to have received a supply, you may wish to refer to the definition of "recipient" contained in section 123(1) of the ETA as follows: "recipient" of a supply of property or a service means (a) 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,... ...

The notional ITC was equal to the tax fraction (7/107ths) of the consideration for the supply at the time it was paid. ... When the item is not claimed within the redemption period, it is considered seized for the purpose of satisfying a debt obligation pursuant to subsection 183(1) and the creditor is deemed to have received, at that time, a supply by way of sale and that supply is deemed to have been made for no consideration. ...

Other Items Delayed Exam Fees It is our position that delayed exam fees represent consideration for either a supply of intangible personal property (i.e., a right) or a service so that, in either case, the supply would be exempt pursuant to section 2 of Part VI to Schedule V. ... For example, section 10 of Part VI exempts a supply of tangible personal property made by a public institution where such supplies are made for no consideration and section 6 of Part VI exempts a supply of tangible personal property and certain services that do not exceed the direct cost. ...

Can XXXXX claim ITCs on the construction of the recreation centre, taking into consideration that the recreation centre is not used for commercial activity, but rather is "appurtenant to the exempt activity of renting residential land"? ... "maintenance fee", etc.) are considered to be part of the consideration for the supply of the real property and therefore, take on the same tax status, in this case that being GST exempt. ...