Search - consideration

Section 6 of Part I of Schedule V exempts a supply: "(a) of a residential complex or a residential unit in a residential complex by way of lease, licence or similar arrangement for the purpose of its occupancy as a place of residence or lodging by an individual, where the period throughout which continuous occupancy of the complex or unit is given to the same individual under the arrangement is at least one month; or (b) of a residential unit by way of lease, licence or similar arrangement for the purpose of its occupancy as a place of residence or lodging by an individual, where the consideration for the supply does not exceed $20 for each day of occupancy". ...

., "consideration") payable for the service, the exemption requires that the owners or occupants are the parties who pay, or who are liable to pay, for the service. ...

Note, the GST/HST is applicable on the total value of the consideration for a supply excluding taxes. 5. ...

Since no other exemption applies to such supplies of real property made by a municipality, the Utility is required to pay GST and the City is required to collect and remit GST at a rate of 7% on the value of the consideration payable for such supplies of real property. ...

The sale of the Property from the Vendor to the Purchaser is subject to the GST at 7% of the value of consideration for the supply. 2. ...

., taxed at a rate of 0%) pursuant to section 7 or section 8 of Part V of Schedule VI to the Excise Tax Act (ETA); and 4. the XXXXX % amount charged by XXXXX to a vendor is additional consideration in respect of the advertising service and will have the same tax treatment as described above. ...

Where Can Co. makes a zero-rated supply, the tax collectable on the consideration for the supply is equal to zero. ...

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, in accordance with section 165, every recipient of a taxable supply made in Canada shall pay tax calculated at the rate of 5% on the value of the consideration for the supply (or at the rate of 13% in Ontario; 15% in New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island) unless the supply is zero-rated. ...

Our interpretation takes into consideration two scenarios. The first scenario considers that the Laundry Services and the Housekeeping Services are separate supplies and that each of the portion of the Managerial Services associated to these are respectively part of the single supply of either the Laundry Services or the Housekeeping Services. ...