Search - consideration

The rebate is not a reduction in consideration for the supply of electricity, nor is it a reduction to the HST payable in respect of the supply of electricity. ...

X, however, is considered to be a builder in his own right (for example, at the time of entering into the agreement of purchase and sale, he did so for the primary purpose of selling the interest or the house itself), tax would be payable by the Vendor calculated on the value of consideration ($100,000) for the supply. ...

After indicating that s. 231(1.1) effectively indicates that where a supplier is assessed on audit for failure to charge and remit the tax, no bad debt deduction is available for the uncollectible tax where, for example, the customer declared bankruptcy before the audit and resulting assessment, CRA stated: [S]ection 232 does appear to offer a solution where the consideration is reduced. ...

. … Therefore, the value of the consideration for [the Association]’s supplies of memberships is the entire amount charged by [the Association] to the individual members. ...

. … As a result, if, for example, an insurer issues a new home warranty insurance policy to an individual who is buying the new home for his or her place of residence, the fee paid for the new home warranty by the home buyer would be consideration for a taxable supply. ...

For example, consideration would be given to the date on which the charity intends to start making taxable supplies; the existence of proposed contracts for the supply of the property; and other evidence that would support the charity’s intention to make taxable supplies. ...

The determination as to whether a printed book exists in a particular situation is a question of fact requiring consideration of all relevant facts. ...

The determination as to whether a printed book exists in a particular situation is a question of fact requiring consideration of all relevant facts. ...

The reimbursements of the salaries and wages would form part of the consideration for the supply. ...

Excise and GST/HST News- No. 106 June 2019-- summary under Paragraph (r.4) Summary Under Tax Topics- Excise Tax Act- Section 123- Subsection 123(1)- Financial Service- Paragraph (r.4) car dealer's selling and processing credit insurance is exempted The car dealer in Applewood entered into a “Dealer Agreement” with a distributor of credit insurance products under which it was agreed that it would “up sell” the insurance products and assist the car customers in explaining the coverage and in applying for the insurance in consideration for a commission of over 50% of the insurance premium. ...