Search - consideration

It permits patronage dividend payers to elect to treat the dividends as a reduction of consideration. ... GST is calculated on the consideration for the supply of short term accommodation including the DMF.  However, GST will not apply on the Ontario retail sales tax amount calculated on the consideration. ...

Where consideration is monetary, the amount of the money will be used to calculate the tax. ... The general timing of liability rule under subsection 168(1) of the Act is that tax is payable by the recipient of a taxable supply on the earlier of the day the consideration for the supply is paid and the day the consideration for the supply becomes due. ... Consideration Becomes Due 3. Under subsection 152(1) of the Act, consideration, or a part thereof, for a taxable supply, is deemed to become due on the earliest of the following days: (a) the day the supplier first issues an invoice in respect of the supply for that consideration or part; (b) the date of that invoice; (c) the day when, but for an undue delay, the supplier would have issued an invoice in respect of the supply for that consideration or part; and (d) the day that the recipient is required to pay that consideration or part pursuant to an agreement in writing. 4. ...

This memorandum explains how to determine the value of consideration for a supply in Canadian currency where the consideration is expressed in foreign currency. ... Where the consideration for a supply is expressed in foreign currency, the value of the consideration shall be calculated based on the value of that foreign currency in Canadian currency. ... Day Consideration Is Paid 7. The value of the consideration in equivalent Canadian currency may be calculated on the day payment in respect of a supply is received by the supplier (i.e., the day the consideration is paid by the recipient). ...

Where consideration is monetary the amount of the money will be used to calculate the tax. ... Consideration Becomes Due 4. Under subsection 152(1) of the Act, consideration, or a part thereof, for a taxable supply, is deemed to become due on the earliest of the following days: a) the day the supplier first issues an invoice in respect of the supply for that consideration or part; b) the date of that invoice; c) the day the supplier would have, but for an undue delay, issued an invoice in respect of the supply for that consideration or part; and d) the day the recipient is required to pay that consideration or part to the supplier pursuant to an agreement in writing. 5. ... The issuance of an invoice in these situations will not cause consideration to become due. ...

Where consideration is monetary, the amount of the money will be used to calculate the tax. ... Time Consideration Due 14. The consideration for employee taxable benefits is deemed to become due to the registrant on the last day of February of the year immediately following the calendar year in which the benefit was conferred. ... Non-registrants are not deemed as having made a supply for consideration when they provide taxable benefits. ...

When does consideration for a lease become due for GST/HST purposes? For GST/HST purposes, if a supply of property by way of lease is made under a written agreement, consideration becomes due on the day the lessee is required to pay the consideration under the agreement. In this case, the day the supplier issues an invoice for the consideration payable under the written agreement is irrelevant for purposes of determining when the consideration becomes due. ... When is consideration viewed as being paid without having become due for GST/HST purposes? ...

When does consideration for a lease become due for GST/HST purposes? For GST/HST purposes, if a supply of property by way of lease is made under a written agreement, consideration becomes due on the day the lessee is required to pay the consideration under the agreement. In this case, the day the supplier issues an invoice for the consideration payable under the written agreement is irrelevant for purposes of determining when the consideration becomes due. ... When is consideration viewed as being paid without having become due for GST/HST purposes? ...

When does consideration for a lease become due for GST/HST purposes? For GST/HST purposes, if a supply of property by way of lease is made under a written agreement, consideration becomes due on the day the lessee is required to pay the consideration under the agreement. In this case, the day the supplier issues an invoice for the consideration payable under the written agreement is irrelevant for purposes of determining when the consideration becomes due. ... When is consideration viewed as being paid without having become due for GST/HST purposes? ...

Departments will apply this target where building occupancy levels, security considerations, and space configuration allow. ... Management processes and controls: By March 31, 2014, the CRA will ensure 75% of procurement management processes and controls include environmental considerations. ... Achievable: The CRA supports integrating environmental considerations into CRA procurement and will direct resources to meet this target iv. ...

When, for GST/HST purposes, does consideration for the lease become due? ... In this case, the day the supplier issues an invoice for the consideration payable under the written agreement is irrelevant for purposes of determining when the consideration becomes due. ... Otherwise, the following rules apply, based on the earlier of the date the consideration for the lease becomes due and the date the consideration is paid without having become due. ...