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Where consideration is monetary, the amount of the money will be used to calculate the tax. ... Where GST is included in the amount that is paid or payable in respect of a supply, the consideration fraction of 100/107ths is used to calculate the value of the consideration for the supply. ... For the purposes of this memorandum, a rebate means a partial refund of the consideration paid for a supply. 8. ...

(Special considerations may apply with respect to the sale of a condominium unit.) 60. ... The consideration paid for the actual grant of the interest may be considered as being in respect of the sale of the interest but only to the extent such consideration is not paid for the actual use of the underlying property. 67. ... Thus, the value of consideration for the supply by Red to Blue is $100,000, and the value of consideration for the supply by Blue to Red is $100,000 (subject to subsection 153(3) as discussed in paragraph 73 below). 72. ...

(Special considerations may apply with respect to the sale of a condominium unit.) 60. ... The consideration paid for the actual grant of the interest may be considered as being in respect of the sale of the interest but only to the extent such consideration is not paid for the actual use of the underlying property. 67. ... Thus, the value of consideration for the supply by Red to Blue is $100,000, and the value of consideration for the supply by Blue to Red is $100,000 (subject to subsection 153(3) as discussed in paragraph 73 below). 72. ...

Since under section 165 (imposition of tax), GST/HST is calculated as a percentage of the consideration for the supply, if there is no supply or no consideration for the supply, there is no tax. ... Rather, it is consideration for a supply of a financial service provided by the landlord. ... Amounts paid or becoming due as consideration for the lease, e.g., the application of a lessee's deposit to the last month's rent, are subject to the usual rules applied to amounts paid as consideration for the lease and generally require the landlord to account for tax on the consideration. ...

Since under section 165 (imposition of tax), GST/HST is calculated as a percentage of the consideration for the supply, if there is no supply or no consideration for the supply, there is no tax. ... Rather, it is consideration for a supply of a financial service provided by the landlord. ... Amounts paid or becoming due as consideration for the lease, e.g., the application of a lessee's deposit to the last month's rent, are subject to the usual rules applied to amounts paid as consideration for the lease and generally require the landlord to account for tax on the consideration. ...

The letter must specify the total consideration for all of the specified housing supplies and the total number of units. ... If the total consideration for specified housing supplies is not reported as required, section 284.01 of the ETA and section 11 of the Electronic Filing and Provision of Information (GST/HST) Regulations impose a penalty of up to 10% of the value of the consideration that is not reported as required. ... It is assumed that the total consideration for each additional specified housing supply is $400,000. ...

The letter must specify the total consideration for all of the specified housing supplies and the total number of units. ... If the total consideration for specified housing supplies is not reported as required, section 284.01 of the ETA and section 11 of the Electronic Filing and Provision of Information (GST/HST) Regulations impose a penalty of up to 10% of the value of the consideration that is not reported as required. ... It is assumed that the total consideration for each additional specified housing supply is $400,000. ...

The implication of this is that the agent is required to collect and remit GST equal to seven per cent of the consideration paid by the recipient. ... The consideration on which the tax is calculated is the greater of that payable for the supply to the customer in Canada and the consideration for the supply by the registrant to the non-resident. ... Financing costs and the original cost of purchasing the complex are not included in the value of the consideration. ...

In most cases where the builder pays or credits the rebate, the rebate becomes part of the consideration for the unit that the builder is selling to the purchaser. In such cases, the rebate calculation must take into account that the value of consideration includes the rebate amount. For information on how to calculate the GST rebate for a qualifying property that is not subject to the HST when the GST rebate forms part of the value of consideration of the unit, see Section 19.3.1.1, Rebate Forms Part Of The Value Of Consideration. ...

In most cases where the builder pays or credits the rebate, the rebate becomes part of the consideration for the unit that the builder is selling to the purchaser. In such cases, the rebate calculation must take into account that the value of consideration includes the rebate amount. For information on how to calculate the GST rebate for a qualifying property that is not subject to the HST when the GST rebate forms part of the value of consideration of the unit, see Section 19.3.1.1, Rebate Forms Part Of The Value Of Consideration. ...