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Tax payable where inadequate consideration This tax applies for a calendar year if, in the year, an RDSP trust: disposes of property for an amount less than the FMV of the property at the time of the disposition, or for no amount at all; or acquires property for an amount greater than the FMV of the property at the time of acquisition. ... Amount of tax payable The amount of tax payable for each disposition or acquisition is: the amount by which the FMV differs from the consideration; or if there is no consideration, the amount of the FMV. ...

GST59 GST/HST Return for Imported Taxable Supplies, Qualifying Consideration, and Internal and External Charges For best results, download and open this form in Adobe Reader. ...

Acceptable Exchange Rate Sources for Converting the Value of Consideration Expressed in Foreign Currency to a Value in Canadian Currency for Purposes of Section 159 of Excise Tax Act (the "ETA") Please note that the following Policy Statement, although correct at the time of issue, may not have been updated to reflect any subsequent legislative changes. GST/HST Policy Statement P-222 DATE OF ISSUE December 10, 1998 SUBJECT Acceptable exchange rate sources for converting the value of consideration expressed in foreign currency to a value in Canadian currency for purposes of section 159 of the Excise Tax Act (the "ETA"). ... However, when using the rate of exchange as provided in the contract to determine a value of the consideration in Canadian currency, the costs of acquiring the contract must be included. ...

T2079 Election Re: Expropriation Assets Acquired as Compensation for or a Consideration for Sale of Foreign Property Taken by or Sold to Foreign Issuer For best results, download and open this form in Adobe Reader. ...

14-5 Election for Nil Consideration Notice to the reader Reference in this publication is made to supplies that are subject to the GST or the HST. ...

P-222 Acceptable Exchange Rate Sources for Converting the Value of Consideration Expressed in Foreign Currency to a Value in Canadian Currency for Purposes of Section 159 of Excise Tax Act (ETA) Notice to the reader Reference in this publication is made to supplies that are subject to the GST or the HST. ...

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 Notice to the reader Under proposed changes, to be considered closely related for purposes of neither charging nor collecting the GST/HST on certain intercompany supplies in addition to meeting the conditions of the current test, a corporation or partnership must also hold and control 90 per cent or more of the votes in respect of every corporate matter of the subsidiary corporation (with limited exceptions). ...

Election for Nil Consideration GST/HST memorandum 14.5 October 2012 Section 156 of the Excise Tax Act (the Act) provides an election that permits corporations and Canadian partnerships (as defined in that section), to treat certain taxable supplies between them as having been made for no consideration, if the requirements for the election are satisfied. ... NewCo and OpCo are not party to an election under section 150 and want to elect under section 156 so that the transfer of these operating assets to NewCo would be deemed to be made for no consideration. ... In this regard, subsection 141.01(7) ensures that any provision deeming a supply to be made for no consideration does not apply for the purposes of determining the extent to which inputs used in making the supply are acquired, imported, used or consumed by the person for the purpose of making taxable supplies for consideration in the course of an endeavour of the person. ...

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 accommodation in full on May 15, 2010. ...

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 accommodation in full on May 15, 2010. ...