Search - consideration

If a particular RPP is based on a specimen plan, we would need an amendment to the specimen plan to give such consideration. ... In the case of an underfunded IPP, similar consideration may be provided as long as the lump-sum commuted value transferred from the plan represents the final payment to the member and all plan assets are paid from the IPP within 90 days of the transfer. ...

A DPSP trust is liable for tax if any of the following applies: its property was used as security for a loan; it disposed of property for inadequate or no consideration; it acquired property for a consideration greater than its fair market value; it had an excess amount at the end of any month; it made an agreement described in subsection 207.1(5) of the Income Tax Act to acquire a share of the capital stock of a corporation (from someone other than the corporation) at a price other than its fair market value; it acquired non-qualified investments in the year, even if they were disposed of during the year; it held investments in the year that were qualified investments when acquired, but that became non-qualified investments while the trust held them; or the plan was a revoked plan at any time during the year. ...

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. Qualifying items include: Food or beverages heated for consumption Salads not canned or vacuum‑sealed Sandwiches and similar products other than when frozen Platters of cheese, cold cuts, fruits, or vegetables, and other arrangements of prepared food Cakes, muffins, pies, pastries, tarts, cookies, doughnuts, brownies, croissants with sweetened filling or coating, or similar products when they are not pre‑packaged for sale to consumers and are sold as single servings in quantities of less than six Ice cream, ice milk, sherbet, frozen yogurt or frozen pudding, non‑dairy substitutes for any of the foregoing, or any product that contains any of the foregoing sold in single servings and not pre‑packaged Other food items that are not zero‑rated as basic groceries solely by virtue of the types of sales made at the establishment where they are sold (for example, the sale of a bagel or a plain croissant in a restaurant) Non‑carbonated beverages, when dispensed at the place they are sold Any of the following beverages where the supply is not a zero‑rated supply: Milk (flavoured or unflavoured) Soy, rice or almond‑based beverages, or similar non‑dairy beverages that are substitutes for milk Non‑carbonated fruit juice or fruit‑flavoured beverages, other than milk‑based beverages, that contain 25% or more by volume of a natural fruit juice or a combination of natural fruit juices, or a natural fruit juice or a combination of natural fruit juices that have been reconstituted into the original state Any of the following beverages when sold with qualifying food or beverages listed above and the supply of which is not a zero‑rated supply: Carbonated beverages, when dispensed at the place they are sold Other beverages (including carbonated beverages not listed above) when sold in a can, bottle, or other primary container that contains a quantity not exceeding a single serving and not sold in multiples, pre‑packaged by the manufacturer or producer, of single servings Any of the following food when supplied in combination with a qualifying food or beverage item listed above for a single consideration: Cakes, muffins, pies, pastries, tarts, cookies, doughnuts, brownies, croissants with sweetened filling or coating, or similar products when they are pre‑packaged for sale to consumers in quantities of less than six items each of which is a single serving Ice cream, ice milk, sherbet, frozen yogurt or frozen pudding, non‑dairy substitutes for any of the foregoing, or any product that contains any of the foregoing, when pre‑packaged and sold in single servings Other snack foods, such as chips, salted nuts, popcorn, candies, fruit bars, and granola bars Wine, spirits, beer, malt liquor, or other alcoholic beverages would not be qualifying beverages for the point-of-sale rebate. ...

During the same GST/HST reporting period, you make a supply of the property or service to an employee or their relative for consideration that becomes due in that period and that is equal to its fair market value Property supplied by way of lease, licence, or similar arrangement You cannot claim an ITC for the GST/HST paid or payable on property supplied by way of lease, licence, or similar arrangement that is more than 50% for the personal consumption, use, or enjoyment of one of the following: You are an individual, yourself or another individual related to you You are a partnership, an individual who is a partner or another individual who is an employee, officer, or shareholder of, or related to, a partner You are a corporation, an individual who is a shareholder or another individual related to the shareholder You are a trust, an individual who is a beneficiary or another individual related to the beneficiary However, you can claim an ITC if, during the same GST/HST reporting period, you make a taxable supply of the property to that individual for consideration that becomes due in that period and that is equal to its fair market value. ...

While legislative change is beyond the mandate of the Disability Advisory Committee and the role of the CRA, recommendations for legislative change to disability tax measures may be made by the Committee for consideration and will be forwarded to the Department of Finance Canada. 3. ... Role of Committee members The roles and responsibilities of Committee members include: Awareness of the needs and experiences of persons with disabilities to inform the Committee's deliberations and recommendations to the CRA on its disability-related tax measures; Identifying topics for consideration or presentation to the CRA; Offering advice, comments and recommendations on CRA services, products, and administrative policies and other issues and initiatives that are presented to the Committee; Undertaking activities to inform its advice and recommendations to the CRA such as mechanisms for stakeholder engagement and collaboration (e.g. surveys, focus groups); Committee members have been selected to represent the views of their respective communities and associations. ...

Tax Convention- Number of days 'present' in Canada (Archived) IT-307R3 Spousal Registered Retirement Savings Plans (Archived) IT-314 Income of dealers in oil and gas leases (Archived) IT-315 Archived- Interest expense incurred for the purpose of winding-up or amalgamation (Archived) IT-316 Awards for employees' suggestions and inventions (Archived) IT-317R Capital cost allowance- Radio and television equipment (Archived) IT-319 Cost of obligations owned on December 31, 1971 (Archived) IT-321R Insurance Agents and Brokers- Unearned Commissions (Archived) IT-323 Sale of mortgage included in proceeds of disposition of depreciable property (Archived) IT-324 Capital cost allowance- Emphyteutic lease (Archived) IT-327 Capital cost allowance- Elections under Regulation 1103 (Archived) IT-330R Dispositions of capital property subject to warranty, covenant, or other conditional or contingent obligations (Archived) IT-332R Personal-use property (Archived) IT-335R Indirect payments (Archived) IT-336R Capital cost allowance- Pollution control property (Archived) IT-337R3 Retiring Allowances (Archived) IT-337R4 Retiring Allowances (Archived) IT-338R2 Partnership Interests- Effects on Adjusted Cost Base Resulting from the Admission or Retirement of a Partner (Archived) IT-341R3 Expenses of Issuing or Selling Shares, Units in a Trust, Interests in a Partnership or Syndicate and Expenses of Borrowing Money (Archived) IT-347R2 Income Tax Act- Crown Corporations (Archived) IT-351 Income from a foreign source- Blocked currency (Archived) IT-353R2 Partnership interest- Some adjustments to cost base (Archived) IT-355R2 Interest on Loans to Buy Life Insurance Policies and Annuity Contacts, and Interest on Policy Loans (Archived) IT-363R2 Deferred profit sharing plans- Deductibility of employer contributions and taxation of amounts received by a beneficiary (Archived) IT-367R3 Capital cost allowance- Multiple-unit residential buildings (Archived) IT-370 Trusts- Capital property owned on December 31, 1971 (Archived) IT-374 Meaning of "Settlor" (Archived) IT-377R Director's, executor's and juror's fees (Archived) IT-382 Debts bequeathed or forgiven on death (Archived) IT-387R2 Meaning of "Identical Properties" (Archived) IT-388 Income bonds issued by foreign corporations (Archived) IT-390 Unit trusts- Cost of right and adjustments to cost base (Archived) IT-390 SR Unit trusts- Cost of rights and adjustments to cost base (Archived) IT-392 Meaning of the term "share" (Archived) IT-405 Inadequate considerations- Acquisitions and dispositions (Archived) IT-408R Life insurance policies as investments of registered retirement savings plans and deferred profit sharing plans (Archived) IT-409 Winding-up of a non-profit organization (Archived) IT-410R Debt obligations- Accrued interest on transfer (Archived) IT-410R SR Debt obligations- Accrued interest on transfer (Archived) IT-415R2 Deregistration of Registered Retirement Savings Plans (Archived) IT-419R Meaning of Arm's Length (Archived) IT-423 Sale of sand, gravel or topsoil (Archived) IT-426 Shares sold subject to an earn-out agreement (Archived) IT-430R3 Life Insurance Proceeds Received by a Private Corporation or a Partnership as a Consequence of Death (Archived) IT-441 Capital cost allowance- Certified feature productions and certified short productions (Archived) IT-445 The deduction of interest on funds borrowed either to be loaned at less than a reasonable rate of interest or to honour a guarantee given for inadequate consideration in non-arm's (Archived) IT-446R Legacies (Archived) IT-449R Meaning of "vested indefeasibly" (Archived) IT-452 Utility service connections (Archived) IT-461 Forfeited deposits (Archived) IT-467R Damages, settlements and similar payments (Archived) IT-474R Amalgamations of Canadian corporations (Archived) IT-476 Capital cost allowance- Gas and oil exploration and production equipment (Archived) IT-481 Timber resource property and timber limits (Archived) IT-482 Capital cost allowance- Pipelines (Archived) IT-482SR Capital cost allowance- Pipelines (Archived) IT-483 Credit unions (Archived) IT-488R2 Winding-up of 90% Owned Taxable Canadian Corporations (Archived) IT-493 Agency cooperative corporations (Archived) IT-495R2 Child Care Expenses (Archived) IT-497R3 Overseas Employment Tax Credit (Archived) IT-498 The deductibility of interest on money borrowed to reloan to employees or shareholders (Archived) IT-503 Exploration and development shares (Archived) IT-505 Mortgage foreclosures and conditional sales repossessions (Archived) IT-507R Small Business Development Bonds and Small Business Bonds (Archived) IT-517R Pension Tax Credit (Archived) IT-520 (consol.) ...

We will take into consideration any personal information that the debtor presents that may affect this ability. ... If you transfer property to a spouse or a person who has since become your spouse, a person under 18 years of age, or a person with whom you were not dealing at arm’s length, that person becomes liable for the lesser of the amount you owe, or the excess of the fair market value of the property over the consideration given for the property. ...

It is a general administrative practice of the CRA to authorize another CRA official to prepare a decision report for the delegated official's consideration, including a recommendation on whether granting relief is justified. ... They will prepare a decision report for the consideration of the director or another delegated official, including a recommendation on whether granting relief is justified. ...

"claim preparer" / « préparateur» "claim preparer" of an SR&ED form, means a person or partnership who agrees to accept consideration to prepare, or assist in the preparation of, the form but does not include an employee who prepares, or assists in the preparation of, the form in the course of performing their duties of employment. "claim preparer information" / « renseignements relatifs au préparateur » "claim preparer information" means prescribed information regarding (a) the identity of the claim preparer, if any, of an SR&ED form, and (b) the arrangement under which the claim preparer agrees to accept consideration in respect of the preparation of the form. ...