Search - consideration

Simplified Northern Residents Travel Deduction Consultations – What we learned report October 2023 On this page Executive Summary Background Purpose and objectives Facilitated Roundtables Considerations and approach Participant recruitment Logistics and structure Roundtable evaluations Online Consultation Questionnaire Considerations and approach Participant demographics Email Submissions Considerations and approach What We Learned Experience claiming the northern residents travel deduction Perspectives on the pilot project Resources and support for claiming the deduction Next Steps Conclusion Appendix Roundtable discussion guide Executive Summary When the Canada Revenue Agency (CRA) met face-to-face with small and medium businesses and accountants in Whitehorse, Yellowknife, and Iqaluit through the Serving You Better consultations in 2016, we heard feedback about issues that affect individuals. ... Careful consideration was given to the needs, realities and lived experiences of northern communities. ... Online Consultation Questionnaire Considerations and approach As part of the consultation, the CRA launched an online questionnaire to collect quantitative and qualitative information about the experience of northern residents, tax professionals, and other stakeholders with the SNRTD, the new airfare tables, the flexible review process, and the CRA’s resources and support available to Canadians to navigate the SNRTD. ...

The CRA provides input and is consulted on operational considerations. ... Considerations Scammers posing as CRA employees continue to contact Canadians, misleading them into paying false debt. ... Considerations The report identified long-standing issues facing the charitable sector and the CRA. ...

When consideration becomes due For GST/HST purposes, in the case of a written agreement for a supply of real property made by way of lease, consideration becomes due on the day the lessee is required to pay the consideration under the agreement. ... When consideration is paid without becoming due For GST/HST purposes, in the case of a supply of real property made by way of lease, consideration is paid without having become due when the lessee pays the consideration before the lessee is required to pay the consideration (e.g. payment is made before the consideration becomes due under a written agreement for the supply). ... The individual pays consideration for the multi-pack on March 1, 2013. ...

This recommendation has been shared with the Department of Finance (DoF) for consideration. ... This recommendation has been shared with the Department of Finance (DoF) for their consideration. ... It was indicated this was a jurisdictional issue and will be shared for consideration. ...

Recommendations are categorized based on the following: core and cross-cutting themes, including the definition of disability, data, populations of special consideration, regional considerations, co-design and accessibility issues related to accessing the DTC, including awareness, eligibility, application, appeals and gateway to other benefits 2.1. ... Regional Considerations Current Issue The uptake of the DTC in Quebec and the territories is much lower relative to the rest of Canada. ... This number may be slightly higher when transfers are taken into consideration. ...

These transitional rules would generally operate on the basis of the earlier of when consideration for a supply becomes due and when consideration is paid without having become due. ... When is consideration paid without having become due? Consideration is paid without having become due when a recipient pays all or part of the consideration for a supply before the amount becomes due in accordance with the rules for when consideration for a supply becomes due, as explained in questions 5 and 6. 8. ... The first carrier charges the consideration for the freight movement to the shipper and the consideration becomes due and is paid after April 1, 2013. ...

Paragraph 226(2)(a) deems the consideration for the supply to be this total consideration less the returnable container charge. ... The consideration for this deemed supply is considered to be separate from the consideration for the beverage, and due at that time. ... The consideration for this service is deemed to be equal to the amount by which the consideration exceeds the refunds, or $2.00. ...

Value of consideration Meaning of “consideration” 7. The “consideration” payable for the purchase of a unit is the amount to be paid for the unit before any calculation of the tax payable and rebate entitlement in respect of the purchase of the unit. ... The rebate factor can be used in the following formula to determine the value of the consideration payable for a unit: Consideration = Stated price net of rebate ÷ Rebate factor. ... Calculation method Consideration = (Stated price net of rebate + $28,350) ÷ 1.113 Footnote 2 Tax payable = Consideration × 0.05 (or 5%) GST new housing rebate = $6,300 – (E × 0.063) where E = the consideration in excess of $350,000 (Note: The rebate gradually decreases based on the consideration in excess of $350,000.) ...

Value of Consideration Meaning of “consideration” 7. The “consideration” payable for the purchase of a unit is the amount to be paid for the unit before any calculation of the tax payable and rebate entitlement in respect of the purchase of the unit. ... Calculating the value of the consideration: the rebate factor Rebate factor 9. ... The rebate factor can be used in the following formula to determine the value of the consideration payable for a unit: Consideration = Stated price net of rebate ÷ Rebate factor. ...

Value of Consideration Meaning of “consideration” 7. The “consideration” payable for the purchase of a unit is the amount to be paid for the unit before any calculation of the tax payable and rebate entitlement in respect of the purchase of the unit. ... Calculating the value of the consideration: the rebate factor Rebate factor 9. ... The rebate factor can be used in the following formula to determine the value of the consideration payable for a unit: Consideration = Stated price net of rebate ÷ Rebate factor. ...