Search - consideration

Different considerations arise where there is no accounting evidence or where there are two or more principles either or any of which is generally accepted. ...

Profit- Copyright The trustees of the estate of Earl Haig made an agreement with an author to make the diaries of the late Field Marshall available to him in consideration for a 1/2 share of all profits generated from sales of the resulting biography. ...

Firth transferred minority shareholdings in two companies ("British Acheson" and "High Speed") to it in consideration for treasury shares. ...

.), sold tangible personal property to an Ontario limited partnership for consideration including units of the partnership representing 15% of the outstanding units, and only collected and remitted tax on 85% of the purchase price. ...

The taxpayer (Arndale Properties) acquired the leasehold interest of SPI at a cost of £3,090,000 and, on the same day, assigned the leasehold asset to a third company in the group for consideration of £3,100,000. ...

Campbell J. stated (at para. 4): The documents make clear the particular input of a relatively small number of non-lawyer individuals outside the companies, whose input was necessary and appropriate to the consideration, structuring, planning and implementation of very complex transactions in a very short timeframe. ...

In consideration, the advertiser was to pay the newspaper's advertising fees in each month that those fees arose, and at the end of the twelve-month period to pay $1000 minus all the advertising fees spent in that period (or nothing at all if the fees exceeded $1000). ...

Applied to the subject under consideration the result is as follows. Insofar as the Explanatory Notes cast light on the objective setting or contextual scene of the statute, and the mischief at which it is aimed, such materials are therefore always admissible aids to construction. ...

The Tribunal accepted the characterization of the taxpayer's accounting expert, which was that the Lender had made the loan in consideration for the right to receive back the principal plus the right to require a transfer of value between its wholly-owned subsidiaries, which latter right was of no incremental value to it, so that there should be no corresponding recognition of accounting income. ...

.)-- summary under Income-Producing Purpose Summary Under Tax Topics- Income Tax Act- Section 18- Subsection 18(1)- Paragraph 18(1)(a)- Income-Producing Purpose deductible lump-sum cancellation of profit participation payment The taxpayer, which provided management services to its two subsidiaries which, in turn, ran a cellular phone system and sold cellular telephones, agreed with an American cellular telephone company ("Millicom") to pay an annual fee equal to 10% of its consolidated pre-tax profits for 15 years in consideration for the supply to the taxpayer from time to time at its request with future know-how. ...