Search - consideration

The primary consideration is whether the taxpayer's actions in regard to the property in question were essentially what would be expected of a dealer in such a property. ... The fact that the taxpayer has a commercial background in similar areas or has had previous experience of a similar commercial nature has been held to be a pertinent consideration in some circumstances. ...

Paragraph 4 of the bulletin is revised for clarification and to take into consideration the amendment to the preamble of subsection 107(2) enacted under S.C. 1988, c.55 (formerly Bill C-139) applicable to distributions after 1987. ... Paragraph 5 of the bulletin is revised to take into consideration the amendment to the definition of "cost amount" in subsection 248(1) enacted under S.C. 1994, c.7 (formerly Bill C-15) applicable after May 22, 1985. ...

Gross income, net income, capital investment, cash flow, personal involvement and all other factors may be relevant considerations. ... However, consideration must be given to the fact that such a situation may arise in the first years of a farming operation or may be the result of extremely adverse weather conditions such as prolonged drought, severe hail, frost or flood. ...

The primary consideration is whether the taxpayer's actions in regard to the property in question were essentially what would be expected of a dealer in such a property. ... The fact that the taxpayer has a commercial background in similar areas or has had previous experience of a similar commercial nature has been held to be a pertinent consideration in some circumstances. ...

Gross income, net income, capital investment, cash flow, personal involvement and all other factors may be relevant considerations. ... However, consideration must be given to the fact that such a situation may arise in the first years of a farming operation or may be the result of extremely adverse weather conditions such as prolonged drought, severe hail, frost or flood. ...

The maximum capital cost allowance that may be claimed in respect of a particular mine or right is the lesser of (a) the amount computed by applying the rate established in accordance with 5 or 6 above to the number of units actually mined during the fiscal period under consideration, and (b) the undepreciated capital cost of the mine or right A taxpayer may, in lieu of claiming capital cost allowance as determined above for all his industrial mineral mines or rights, claim an amount not exceeding the lesser of (a) $100, or (b) the amount received by him in the taxation year from the sale of mineral In such case, the taxpayer, if he has more than one mine or right, may allocate the amount deducted among his mines and rights. ... Where land acquired as an industrial mineral mine is disposed of, the entire consideration received therefore is proceeds of disposition of depreciable property, namely, the industrial mineral mine, and is included in the calculation of the undepreciated capital cost of the class in which the mine is included under paragraph 13(21)(f). ...

Paragraph 4 of the bulletin is revised for clarification and to take into consideration the amendment to the preamble of subsection 107(2) enacted under S.C. 1988, c.55 (formerly Bill C-139) applicable to distributions after 1987. ... Paragraph 5 of the bulletin is revised to take into consideration the amendment to the definition of "cost amount" in subsection 248(1) enacted under S.C. 1994, c.7 (formerly Bill C-15) applicable after May 22, 1985. ...

For the purposes of these provisions, a gift is a voluntary transfer of real or personal property without valuable consideration. ... The general approach is to value the various interests taking into consideration the fair market value of the property itself, the current interest rates, the life expectancy of any life tenants, and any other factors relevant to the specific case. ...

Generally, a GST/HST registrant is eligible to claim an input tax credit (ITC) for the GST/HST paid or payable on a property or service only to the extent that the registrant acquires the property or service in order to make a taxable supply for consideration. ... As a result, if but for section 135 the sponsorship funds received would be consideration for a taxable supply, the public sector body will generally be eligible to claim an ITC on a property or service to the extent that the property or service is acquired by the body for use in making that supply. ... The $1 million is consideration for a supply of naming rights by the municipality, which is a supply of intangible personal property that does not fall under section 135. ...

., wind storm, prolonged drought, severe hail, frost or flood) and fire, insects or disease and economic conditions which may affect the trees will be taken into consideration. ... Where a woodlot is a non-commercial woodlot, and money or other valuable consideration is received for the sale of timber or the right to cut timber, the sale proceeds are subject to tax on capital account, generally as a disposition of "personal-use property. ... New ¶ 12 has been added to clarify our interpretations and to take into consideration the impact of the decision of the Federal Court of Appeal in the case of Her Majesty the Queen v. ...