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Extension of Transfer Payment Policy

GST/HST Policy Statement P-061 DATE OF ISSUE May 25, 1993 SUBJECT Extension of Transfer Payment Policy LEGISLATIVE REFERENCE(S) Definitions of 'consideration' and 'supply', subsection 123(1) of the Excise Tax Act. ... Furthermore, is the financial assistance not consideration for a supply and therefore outside the scope of the ETA? RULING GIVEN: None of the financial assistance is consideration for a supply, nor is it a supply in itself. ...

ARCHIVED - Reassessment Where Option Exercised in Subsequent Year

Consideration may be received by grantors of options to acquire property or to dispose of property, in connection with the granting, extension, or renewal of such options. Subject to the comments in 8 below (concerning the granting of options by individuals to acquire property), where in a particular taxation year receipt of such consideration has resulted in the inclusion of an amount in the grantor's income and the option is exercised in a later year, subsection 49(4) provides a means of removing from the grantor's income for the prior year the effect of the consideration received. 2. ... In the case of an option to acquire, no upward adjustment of the proceeds of disposition of the property is required and, in the case of an option to dispose, no downward adjustment of the cost of the property is required, in respect of the consideration received by the grantor of the option. ...

31 March 2014 GST/HST Interpretation 143163 - Application of the GST/HST to the supply of a right of entry or user under section 162

As per the Agreements, Disposal Co. 1 and Disposal Co. 2 agree to pay the Landowner on behalf of Oil Co. 1 and Oil Co. 2 respectively, consideration for the supply of the use of the land for the disposal of the drilling waste. 5. Currently the Landowner is collecting and remitting GST on the […][consideration]. 6. ... Any consideration paid or payable for the supply of the right of entry or user would not be subject to the GST/HST. ...

9 July 2008 GST/HST Interpretation 79280 - Application of GST/HST to Instalment Payment Charges

As explained herein, the CRA's position is that these amounts are consideration for taxable supplies, and not consideration for exempt supplies. ... We learned that some funeral homes and cemetery operators have not charged or accounted for GST/HST on these amounts based on information provided by the CRA in 1994, that the amounts were consideration for exempt supplies of financial services. ... After careful consideration of the issue, we have concluded that the instalment payment charges are consideration for taxable supplies. ...

22 June 2010 GST/HST Interpretation 117433 - Purchase of Loyalty Program Miles

The value of the consideration would be the costs of the flight less the discount allowed for the miles redeemed. ... As such, the processing fee would be additional consideration for the purchase of the miles and, accordingly, the fee for the miles and the processing fee would be subject to GST/HST. 4. ... The fee charged by the service provider to the member for the re-supply of the miles, the recovery of any taxes and other charges and any transaction or processing fee would be all part of the consideration for the supply of the miles made by the service provider to the member; the total consideration payable to the service provider by the member for the re-supply of the miles would be subject to GST/HST as applicable. ...

7 June 2010 GST/HST Ruling 118636 - Tax Status of the Supply of Gift Packages

No additional consideration is paid to the supplier for the supply. 10. ... Consequently, GST/HST is not payable on the consideration paid for the gift certificate. ... That is, where the redeeming transaction is for a taxable supply of property or service (other than a zero-rated supply), GST/HST is applicable on the total consideration payable for that supply when the gift certificate is provided as consideration for the supply to the vendor. ...

17 May 2007 GST/HST Interpretation 81706 - XXXXX GST/HST Visitor Rebate on Short-term Accommodation

The sale of a gift certificate for consideration (i.e. for money) is deemed not to be a supply for GST/HST purposes. ... Shipping fees and minimum order fees are consideration for transportation or administrative services. ... Shipping fees and minimum order fees are consideration for separate supplies and are subject to GST/HST. ...

28 April 2005 GST/HST Ruling 59839 - Construction of a replacement house

You would like to know if the annual land rental fee is consideration for a supply that is subject to GST. 2. You would like to know if the PLDF is consideration for a supply that is subject to GST. ... As a result the annual land rental fee and the PLDF are each part of the consideration payable for the lease of the XXXXX Lot. ...

10 May 2022 GST/HST Ruling 207041 - Application of the GST/HST to online vouchers

Under subsection 181(4), when a registrant accepts, in full or partial consideration for a supply of property or a service, a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of, or a discount on, the price of the property or service and subsection 181(2) does not apply in respect of the coupon, the value of the consideration for the supply is deemed to be the amount, if any, by which the value of the consideration for the supply exceeds the discount or exchange value of the coupon. In other words, the recipient of the supply would be required to pay tax on the net consideration for the supply; that is, after deducting the value of the coupon. ... GST/HST at the applicable rate then applies on the reduced consideration attributable to each of the taxable items. ...

7 November 1996 GST/HST Interpretation 11650-9[1] - Application of GST to Vehicle's Monthly Sales Tax Lease Payement

GST equal to 7% of the consideration paid by the dealer to XXXXX is collected by XXXXX and added to XXXXX net tax for the relevant reporting period. ... GST will apply to the full consideration (i.e., $11,600) paid by the lessee to acquire the vehicle from the dealer pursuant to the purchase option. ... We confirm that the dealer will be required to collect GST from the lessee on the full consideration paid by the lessee to acquire the vehicle in accordance with the purchase option contained in the lease agreement. ...

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