Search - consideration

Any taxpayer may apply for APA consideration, regardless of the size of the organization, the type or scope of its operations, or the nature of the transactions and proposed TPMs. 5. ... You should propose an initial term for an APA, giving appropriate consideration to the industry and transactions involved. ... We may arrange a post-settlement meeting with you to discuss terms of settlement, renewal considerations, the timeliness of the process, and any problems encountered during the process. ...

Any taxpayer may apply for APA consideration, regardless of the size of the organization, the type or scope of its operations, or the nature of the transactions and proposed TPMs. 5. ... You should propose an initial term for an APA, giving appropriate consideration to the industry and transactions involved. ... We may arrange a post-settlement meeting with you to discuss terms of settlement, renewal considerations, the timeliness of the process, and any problems encountered during the process. ...

Consideration 5. For GST/HST purposes, consideration is defined in subsection 123(1) to include “any amount that is payable for a supply by operation of law.” 6. ... For more information on the value of consideration for a supply, refer to Memorandum 300-7 Value of Supply. ... Under section 161, where tangible personal property or services are supplied and the amount of consideration for the supply shown in the invoice in respect of the supply may be reduced if the amount is paid within a time specified in the invoice, or an additional amount is charged to the recipient by the supplier if the amount of the consideration is not paid within a reasonable period specified in the invoice, the consideration due shall be deemed to be the amount of consideration shown in the invoice. ...

Meaning of consideration Subsection 123(1) provides that consideration includes any amount that is payable for a supply by operation of law. For the purposes of section 141.02, consideration does not include nominal consideration. ... Example 6 Bank Z purchases office paper for making taxable supplies for consideration and for making exempt supplies. ...

Where the consideration for a supply, or a portion thereof, is other than money, the value of that consideration is equal to the fair market value of the consideration at the time the supply was made. ... Combined consideration ss 153(2) 55. Where two or more supplies are made for a combined consideration, the total consideration must be attributed reasonably to each supply. ... A deposit is not treated as consideration paid for a supply until the supplier applies the deposit as consideration for the supply. ...

Where the consideration for a supply, or a portion thereof, is other than money, the value of that consideration is equal to the fair market value of the consideration at the time the supply was made. ... Combined consideration ss 153(2) 55. Where two or more supplies are made for a combined consideration, the total consideration must be attributed reasonably to each supply. ... A deposit is not treated as consideration paid for a supply until the supplier applies the deposit as consideration for the supply. ...

A builder would still be able to use either the floor space method or the consideration method at the time of filing the rebate. ... Consideration method Under this method, the estimated RST/PST content in the new housing is equal to 2% of the total consideration paid for the housing (i.e., the total amount paid to purchase the housing before any HST is applied and before any new housing rebate is taken into account). ... The individual may choose either the consideration method or the floor space method to calculate the rebate amount. ...

If this is the case, the RTA can proceed with the review without any special considerations. ... The review can proceed normally, taking into consideration the administrative matters with the objection that are noted above. 5. ... The section on "consideration for large claims" was deleted. ...

Excise and GST/HST News- No. 94 Table of Contents Economic Action Plan 2014 Act, No. 2 Draft GST/HST Policy Statement released for public comment Form RC4616- Election for nil consideration under section 156 of the Excise Tax Act Regulations Amending Various GST/HST Regulations Reporting and filing options for certain excise duty licensees Prescribed rates of interest What’s new in publications Enquiries Economic Action Plan 2014 Act, No. 2 On October 10, 2014 the Minister of Finance tabled a Notice of Ways and Means Motion to implement tax provisions in Economic Action Plan 2014. ... Please send comments on this draft policy statement by February, 28, 2015, to the following address: Director Public Service Bodies and Governments Division Excise and GST/HST Rulings Directorate Canada Revenue Agency 14th floor, Place de Ville, Tower A 320 Queen Street Ottawa, ON K1A 0L5 Fax: 613-990-7584 Form RC4616- Election for nil consideration under section 156 of the Excise Tax Act The election under section 156 permits corporations resident in Canada and Canadian partnerships that are registrants engaged exclusively in commercial activities and that are members of the same qualifying group, to jointly elect to treat taxable supplies (with certain exceptions) between them as having been made for no consideration. Effective January 1, 2015, an election (or revocation of an election) must be made jointly by a particular specified member of a qualifying group and another specified member of the same group by completing and filing Form RC4616, Election or Revocation of an Election for Closely Related Corporations and/or Canadian Partnerships to Treat Certain Taxable Supplies as Having Been Made for Nil Consideration for GST/HST Purposes which is replacing Form GST25. ...

The value of consideration can be determined by applying a “rebate factor”. ... Applying the rebate factor to calculate the value of the consideration Value of consideration (where purchaser is not entitled to the Nova Scotia rebate) 14. ... Value of consideration (where purchaser is entitled to the Nova Scotia rebate) 16. ...