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Results 161 - 170 of 5754 for consideration
TCC

The Armour Group Limited v. The Queen, 2017 TCC 65, aff'd 2018 FCA 134

Also, if words in a contract are ambiguous, the court may consider extrinsic evidence. [37]         Where the question of interpretation relates to the consideration agreed to by the parties, the following principles apply: Extrinsic evidence is admissible to prove the actual consideration where no consideration or nominal consideration is stated in the contract; where the consideration is ambiguous; or where substantial consideration is stated, but additional consideration exists. ... It is reasonable to conclude in this case that the express monetary consideration of $10 is nominal. It is also clear that the expression “other good and valuable consideration” is ambiguous. ...
TCC

Hope Air v. The Queen, 2011 TCC 248

In its view, the word "consideration" in paragraph 11(1.1)(b) means consideration in money or in kind, which is consideration susceptible of being paid or payable. There is "no consideration" passing between Hope Air and Air Canada and Hope Air is not paying any consideration for the points ... The definition of "consideration" in Currie suggests that just about anything of value can fit under the term ‘consideration’, and this has been the case for over a hundred years [17]. ...
TCC

Davis v. The Queen, 94 D.T.C 1934, [1994] 2 CTC 2033 (TCC)

(b) Can corporate dividends be paid in exchange for consideration at law? ... I accept it for the position that consideration can be given for dividends. ... I find that consideration can be given in exchange for dividends. (c) Was there consideration given in exchange for the dividends in fact in the case at bar? ...
TCC

Ashworth v. The Queen, 2018 TCC 76

The Minister of National Revenue alleges that, although consideration was provided, there was a $58,682 shortfall in that consideration. ... The Respondent says that that is the only consideration that Ms. Ashworth provided. ... Ashworth takes the position that the $103,904 was partial consideration that she paid to Mr.  ...
TCC

Kadola v. The Queen, 2008 TCC 474

But what was that consideration? Can it be said that the paying of household expenses is consideration for the transfers? ... At the time the transfers were made, no consideration was given.    [Emphasis added ... The mere right to be the beneficiary of this obligation does not constitute a particular consideration. ...
TCC

Folz Vending Company Limited c. La Reine, 2007 TCC 199

Section 160 of the ETA, which is neither a taxing nor an exempting provision, specifies that where a supply is made, and the consideration therefor is paid, by means of a coin-operated device, the recipient is deemed to have received the supply, paid the consideration and paid the tax on the day that the consideration is inserted into the device, and the supplier is deemed to have made the supply, received the consideration and collected the tax on the day that the consideration is removed from the device ...   [19]     In the case at bar, the Appellant was deemed, under section 160 of the ETA, to have made the supply, received the consideration and collected the tax on the day that the consideration was removed from the vending machine. ... Moreover, there was no order concerning vending machines that were designed to accept more than $0.25 in consideration. ...
TCC

Invesco Canada Ltd. v. The Queen, 2014 TCC 375

It provides that tax shall be paid on the value of the consideration for a taxable supply. ... The issue arises in respect to a valuation of the consideration for those services. According to the wording of subsection 165(1), the consideration must be “for the supply”. ...
TCC

McLarty v. The Queen, docket 97-3628-IT-G

The total consideration given by the Individual Joint Venturers for the Venture Data was $6,373,335 satisfied by $956,002 in cash and $5,417,333 by way of promissory notes in favour of Compton (the "Promissory Notes"). This consideration was the same amount as the consideration given by Compton to Seitel in proportion to the percentage interest in the Western Data Base (ie. 30.35%) 10.            ... He admits the facts in paragraphs 9 and 11 of the Notice of Appeal, except he says that the consideration given was for an interest in the Income Stream, and that the consideration by way of promissory notes was contingent. [3]            Pursuant to an application under Rule 58, this Court ordered on December 27, 2000 that this motion proceed without the admission of evidence. ...
TCC

Lim v. The King, 2024 TCC 135

Lim”) for no consideration. At the time of the transfer of his half share of the family home, Mr. ... Lim with consideration in the amount of $530,000, in exchange for Mr. ... Did the Appellant provide consideration for the transfer of property? ...
TCC

Corporation des loisirs de Neufchâtel v. The Queen, [2008] GSTC 153, 2006 TCC 339

  [13]     Article 5 deals with the [translation] "Consideration". ... The Queen, [2002] G.S.T.C. 11, constitute consideration for the supply of a service to parents ...   [54]     Where there is a direct link between the subsidy and the price of the service, the subsidy must be regarded as the consideration, or part of the consideration, for the service, and it is taxable if the service is taxable ...

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