Search - consideration

Pursuant to subsection 136.1(1), each lease payment is treated as consideration for a separate supply for each period (i.e. lease interval) to which the lease payment is attributable. ... The general rule is that tax becomes payable by the recipient on the earlier of the day the consideration for the supply is paid and the day the consideration for the supply becomes due. Subsection 165(1) provides that the tax in respect of a supply is calculated at the rate of 7% on the value of the consideration for the supply (the "GST base"). ...

The issue that now arises is whether the agency fees paid by the Dentist under the Agreement include consideration for the supply of the equipment by way of lease (rental of equipment) or only represent consideration for the supply of certain services provided by the XXXXX. ... As a result, the value of the consideration for the supply will be deemed to be equal to the FMV of the rental of equipment. ... Note that if the supply of the equipment was made for no consideration to the Dentist, the supply would have been deemed to be made for consideration equal to the FMV of the equipment under subsection 155(1). ...

You paid the HST in the amount of $[…] which was calculated on the consideration for the part which included a core charge of $[X]. 3. ... As such, the vendor is required to charge the applicable rate of GST/HST calculated on the total consideration payable for the part including the core charge. ... [The Company] is required to include the amount of HST charged on the total consideration including the core charge, in its net tax calculation. ...

The employee arrived at XXXXX where there is XXXXX of the store and surrendered the Voucher as full consideration for his XXXXX. 4. ... Since the Voucher is exchanged as full consideration for the XXXXX, GST/HST would be calculated on the value remaining that is nil. ... Then that amount is used in the second transaction as consideration for the supply of the replacement product received by the store from the XXXXX. ...

Do the amounts at issue represent additional consideration for a membership in the XXXXX club? ... Does section 140 of the ETA deem the amounts at issue not to be deposits, or deem them to be additional consideration for supplies of memberships? ... Consequently, the amount paid in order to acquire that security would be consideration for a supply of a membership. ...

Under this section, where a recipient pays a reduced amount in respect of the amount of the consideration for a supply of tangible personal property or services within a specified time (all of which are shown on the invoice), for the purposes of determining the supplier's tax liability, the consideration originally charged on the invoice is deemed to be the amount of the consideration for determining the tax liability. ... Subsection 232(2) of the ETA applies where the supplier has charged or collected tax and subsequently reduces the consideration for any reason. ... In this respect, the discount is a price discount that reduces the original sales price of the goods or, in other words, a negotiated or agreed upon price for the goods rather than a subsequent reduction in the consideration or a deferred price adjustment. ...

., Nova Scotia, New Brunswick, and Newfoundland and Labrador) on the value of the consideration for the supply. ... Generally, the parties involved in a transaction reach an agreement as to the amount of consideration that is payable for a particular supply. It is only after the amount of consideration for a supply is determined that GST/HST is calculated on the value of that consideration. ...

In both cases, GST is calculated on a value of consideration that includes the amount of the "trade-in allowance". ... The credit allowed does not change the amount of GST payable on the purchase of the new vehicle since it would be treated as consideration paid for the supply of the new vehicle. ... The dealer may collect this amount by increasing the price of the new vehicle and charging GST on that increased consideration. ...