Search - consideration

Paragraph 1(c) of Part VI of Schedule V defines direct cost in the case of a service that was previously purchased by the supplier, as the value of the consideration paid or payable by the supplier for the service and the tax payable in respect of the service less any ITC's or rebates that the supplier is entitled to claim. ...

" If passed, this amendment will apply to supplies for which all the consideration becomes due or is paid without becoming due on or after 1996. ...

Answer: The XXXXX is non-transferable, non-refundable (except if none of the coupons are used), it is sold for a single consideration and it is issued for a specified period of time, therefore, it is our opinion that the XXXXX is considered a single ticket. ...

These appear to be taxable supplies, assuming that the association receives consideration for them such as advances and reimbursements to offset its expenses. ...

When members pay a membership fee to the association, they are paying consideration for the right to receive supplies provided to them throughout the year according to the mandate of the association. ...

Ruling Given Based on the facts set out above, we rule that section 154 of the ETA includes in consideration for the supply of a certificate, permit or design registration, the fees collected either by the Council under subsection 21.2(1) of the SCA, or by an accredited municipality, accredited corporation, accredited agency or other organization that issues certificates or permits or registers designs under subsection 21.2(2) of the SCA. ...

Explanation Where an amount is refunded, adjusted, or credited, to a purchaser, after the tax has been charged or collected, such as a volume rebate for simply surpassing a certain volume of purchases, it is the Department's position that the amount would be considered to be a reduction of consideration, to which subsection 232(2) of the ETA would apply. ...

Hence, from the above-noted information, there is a good argument to support the conclusion that the attorney is providing a single composite supply for a single consideration. ...

(b) since no consideration and GST was paid, for hotel accommodation no rebate would be available. ...

Ruling Given Based upon the facts set out above, we rule that the payments made to XXXXX under the XXXXX pursuant to the agreement dated XXXXX, 19 xx are a grant as set out in TIB-076 and are not consideration for a supply. ...