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Results 8821 - 8830 of 13642 for consideration

21 December 1995 GST/HST Interpretation 11950-1[7] - GST Status of Supplies of Real Property, Tangible Personal Property and What is Described as "Royalties"

In other words, is the XXXXX payment for royalties, as indicated on the Agreement, or is it part of the consideration for the supply of land and equipment? ... Response Subsection 123(1) of the ETA defines "consideration" as "any amount that is payable for a supply by operation of law". ... It is therefore possible to conclude that the total consideration for the supply is in fact ascertained at the time the supply is made, in the amount of XXXXX[.] ...

28 March 1996 GST/HST Interpretation 11870-1[3] - Application of the GST on Supplies of Long Term Residential Leases

(ii) The other fees charged as "additional rent" represent consideration for a long term lease of real property and, as such, are consideration for an exempt supply of real property. ... Further, the actual consideration for the management services is determined and itemized in the agreement and the amount charged by XXXXX[.] ... It is probable that these charges, if any were made, would be treated as consideration for the lease of the premises. ...

27 May 1996 GST/HST Interpretation 11650-9[10] - Trade-ins of Used Cars-Amendments - Transitional Rules

No money or consideration passes between the parties at this time. 4. ... (a) Should the dealer charge tax on the full consideration for the supply of the car to the consumer equal to $700 (7% of $10,000) (b) Should the dealer charge tax on the difference between the consideration for the supply by the dealer and the trade-in supplied by the consumer equal to $560 (7% of $8,000)? ... Question 2: Calculation of Tax Payable on the Supply by the Dealer Tax is payable on the full consideration of the supply made by the dealer to the consumer. ...

12 November 1997 GST/HST Interpretation HQR0000183 - Tax Status of Payments for Damaged Grain Hopper Cars

The agreement between the Director and the Railways provides for the supply by way of lease of grain hopper cars by the Government of Canada to the Railways for consideration. ... In essence, the Settlement Values paid or payable by the Railways represent further consideration for the supply of grain hopper cars by way of lease. As the original supply is subject to tax, any further consideration would also be subject to tax. ...

24 November 1998 GST/HST Interpretation HQR0001317 - Farm Fuel Distribution Allowance

Question Is the reduction in the price of marked fuel by the amount of XXXXX a reduction of the consideration for GST purposes? Reply The value of the consideration for the purposes of the Excise Tax Act is the amount charged by dealers before the reduction in price of marked fuel under XXXXX. ... For the purpose of the Excise Tax Act, the XXXXX paid does not reduce the consideration for the fuel. ...

8 November 1999 GST/HST Interpretation HQR00001890 - Application of (GST) to Revenues Earned by a Charity Operating a "Blue Box" Recycling Program

That is, pursuant to subsection 169(1) of the Excise Tax Act, the GST is imposed on the consideration for a "taxable supply. ... That is, this funding is not subject to GST whether it is viewed as consideration for an exempt supply, or a municipal grant. If, for some reason, you require a ruling on whether the municipal funding is a grant rather than consideration for a supply, we would be pleased to respond. ...

1 June 2000 GST/HST Interpretation 28957 - Disclosure of First Nation Taxes

Alternatively, the above FNT sign could be used in conjunction with an indication, on an invoice, of the amount of the consideration for a taxable supply, that is not fuel or tobacco nor a zero-rated supply, and the amount of the tax payable in respect of that supply. ... Pursuant to subsection 165.2(1) of the ETA, a registrant may calculate the tax payable under section 165 of the ETA on the total consideration payable for taxable supplies that are taxed at the same rate. As such, it would appear that a registrant with supplies that are subject to GST at 7% and FNT at 7% could total the consideration for those supplies and calculate the total tax payable based on 7% of the total consideration. ...

14 March 2000 GST/HST Interpretation 27041 - Deposits

My previous letter concerned whether a particular document was an invoice to determine if consideration is deemed due under paragraph 152(1)(a) of the Excise Tax Act (ETA). ... Interpretation Given An amount paid equaling the total of both the consideration and the tax to become due may be regarded as deposit. ... For example, a payment will not be regarded as a deposit where the supplier: 1. gives possession of a good to a customer; 2. requires the payment equal to the consideration and tax; and 3. calls the amount paid a deposit. ...

When do you have to prepare a T5008 slip

When do you have to prepare a T5008 slip The following persons have to file a T5008 slip and information return: every trader or dealer in securities who buys a security as principal (for their own account) or sells a security as an agent or nominee for any vendor; every person in the business of buying and selling precious metals in the form of certificates, bullion, or coins who makes a payment to another person for a sale of precious metals by that other person; every person who, as a nominee or agent for another person, gets the proceeds of a sale or other transaction carried out in the name of the nominee or agent; every person who makes a payment to, or acts as a nominee or agent for, an individual resident in Canada for the disposition or redemption of a debt obligation in bearer form; and every person (other than an individual who is not a trust) who acquires, redeems, or cancels a security issued by that same person, except when the transactions involve the following: exchanges of shares for new shares in the course of a reorganization of the capital of a corporation (section 86), if no consideration other than the new shares is receivable; securities disposed of when a partnership ends [subsection 98(3)]; securities transferred when a new partnership is formed from a predecessor partnership [subsection 98(6)]; convertible property (section 51), that is, when a corporation's shares, bonds, debentures, or notes are exchanged for shares of the same corporation and no consideration other than the new shares is receivable; redemptions, cancellations, or acquisitions of securities made during an amalgamation (section 87); or exchange of capital property that is a convertible debt obligation for another debt obligation (section 51.1). Note If cash or some other consideration totalling $200 or less is received instead of a fractional interest in shares during an exchange to which section 51 or 87 applies, you do not need to report the transaction. If the cash or other consideration is more than $200, you have to report the entire exchange transaction. ...

3 August 2007 GST/HST Ruling 64981 - Application of GST/HST to fully-serviced mortgages

You were charged GST on the price that would have been charged for the goods despite there being no monetary consideration. ... When a retailer accepts loyalty program points as full or partial consideration for the supply of a property or service the value of the consideration for the supply is the amount by which the value of the consideration for the supply exceeds the discount or exchange value of the points. ...

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