Search - consideration

These amounts rather constitute consideration paid in respect of supplies made to the employer by the optometrists and the laboratories. ... Therefore, when the Association reimburses the same amounts to the optometrists and the laboratories, it is not paying consideration for supplies made to the Association. It is rather paying these amounts to the optometrists and the laboratories on behalf of the employer in consideration for supplies made to the employer by the optometrists and the laboratories. ...

Any consideration received by the surety from the obligee with respect to the completion contract under the performance bond is not subject to GST. ... GST is applicable to the consideration for the taxable supplies made by the subcontractors to the surety. ... These payments do not represent consideration for a supply made by the subcontractors and suppliers to the surety. ...

The damages paid by "B" to "A" (as ordered by the court) are as a consequence of the breach of the contract for the making of a taxable supply, and are not consideration for the original supply stipulated in the contract. ... Whether a payment of judicial costs would otherwise be subject to tax under Part IX of the Act depends on whether it constitutes "consideration for a taxable supply". ... "Recipient" of a supply of property or a service is defined in subsection 123(1) to mean, "(a) where consideration for the supply is payable under an agreement for the supply, the person who is liable under the agreement to pay that consideration,...". ...

As per the Department of Finance Explanatory Notes for Bill C-70, the amendment was effective for supplies for which all of the consideration becomes due after April 23, 1996. ... The fact that the water hauler paid no consideration for the water does not change the fact that the water hauler is supplying unbottled water under section 23. ... The consideration for the supply of construction services is subject to the GST at 7%. ...

A non-profit organization which makes taxable supplies of property and services is required to register and collect the tax on the value of the consideration charged for its supplies. ... Section 141.01 of the ETA clarifies that a registrant will be entitled to claim an ITC in respect of a purchase only to the extent that it has been acquired for the purpose of making taxable supplies for consideration and not for the purpose of making supplies that are not taxable or for purpose other than the making of supplies. Please note, the term "consideration" does not include "nominal consideration"; consequently supplies for nominal consideration will not be eligible for ITCs. ...

Interpretation Requested XXXXX asked whether wood chips and wood logs qualify as property of a particular class or kind, so that the value of consideration for the supply made by the sawmill and the pulp and paper manufacturer in the barter transaction will be nil under subsection 153(3) of the ETA. ... Analysis Subsection 153(3) of the ETA states: Where (a) the consideration or a part of the consideration for a supply of property of a particular class or kind is property of that class or kind, (b) both the supplier and the recipient are registrants, and (c) the property is acquired by the recipient and the consideration or that part thereof is acquired by the supplier as inventory for use exclusively in commercial activities of the recipient or supplier, as the case may be, the value of the consideration or that part thereof shall be deemed to be nil. ...

The GST/HST at the rate of 7% is calculated on the value of the consideration for this supply which includes the amount related to the reimbursement of the medical practitioner's charges to XXXXX[.] ... Section 9 of this Part also exempts the supply of goods and services by any person where, and to the extent that, the consideration for the good or service is paid for or reimbursed by a provincial health insurance plan. ... Please note that supplies made by medical practitioners and other practitioners of health care services rendered to individuals will retain their exempt status regardless of who pays for these services, i.e., where the consideration for these services is billed to a third party. ...

In other words, a royalty is not a right, but is consideration for a supply of a right. ... For purposes of this interpretation, we have assumed that the royalty payment is consideration for a taxable supply and subject to the GST/HST. ... In this case, the consideration for the supply became due after May 1991. ...

Interpretation Requested You would like to confirm that the CBA would not be regarded as consideration for a taxable supply of services. ... Interpretation Given Based on our understanding of the arrangements between the parties, it is our view that the CBA is not consideration for a taxable supply of services. ... Since it is our position that the CBA would not be regarded as consideration for a taxable supply of services, no tax would have been payable in respect of the CBA. ...

As this service is a taxable supply, the consideration paid for this service would be subject to tax at a rate of 7% pursuant to subsection 165(1) of the ETA. ... Therefore, it is our view that the payment is consideration for a supply. ... As the Town does not consume, use or supply the construction service in the course of making a taxable supply for consideration, it would not be eligible for ITCs. ...