Search - consideration

Where consideration is monetary, the amount of the money will be used to calculate the tax. Where the consideration is non-monetary, the fair market value of the consideration at the time the supply was made will be used to calculate the tax; " exclusive ", in respect of the consumption, use or supply of property or a service, means all or substantially all of the consumption, use or supply of the property or service. "All or substantially all", in respect of the consumption, use or supply of property or a service by a financial institution, means all of the consumption, use or supply of the property or service; " exempt supply " means a supply included in Schedule V to the Act; " fair market value " of property or a service supplied to a person means the fair market value of the property or service without reference to any tax excluded by section 154 of the Act from the consideration for the supply; " financial institution ", at any time, means a person who is at that time a financial institution under section 149 of the Act; " improvement " in respect of capital property of a person, means any property or service that is supplied to, or goods that are imported by, the person for the purpose of improving the capital property, to the extent that the consideration paid or payable by the person for the property or service or the value of the goods is, or would be if the person were a taxpayer under the Income Tax Act, included in determining the adjusted cost base to the person of the capital property for the purposes of that Act; " individual " means a natural person; " input tax credit " means a credit claimable by a registrant for the Goods and Services Tax paid or payable by the registrant in respect of the acquisition or importation of any property or service for consumption, use or supply in the course of commercial activities of the registrant; " passenger vehicle " has the same meaning assigned by subsection 248(1) of the Income Tax Act. ...

Consideration- Anything received in a transaction (usually cash) including any tangible or intangible property. ... Debt obligation- A fixed obligation to pay money or some other valuable consideration. ... If the cash or other consideration is more than $200, you have to report the entire exchange transaction. ...

The application of the cost plus method also requires careful consideration of the relative efficiencies of the parties being compared. ... The overall expected benefit to the recipient is usually a key consideration in determining the transfer price of an intangible to both parties. ... That circular gives a more detailed discussion of the procedures and acceptability of requests for competent authority consideration. 220. ...

To advance SD, both must balance consideration of the economy, society, and the environment—or, from an operational perspective, consideration of our financial, human, and natural resources. ... This creates new opportunities to integrate consideration of social, economic, and environmental concerns into managing our operations. ... Integrated Decision-Making:Reflects the linking of economic, environmental, and social considerations with one another and with government policy. ...

The integration of enterprise risks considerations as part of Resource and Investment Management Committee (RIMC) project proposals that are supported by ERMD review. ... The Agency should target risk management training to those who, based on their role, would benefit the most from it with consideration given to the participant's level and scope of work. ... The process takes into consideration various information sources including an internal and external environmental scan and input on risk information from various stakeholders using a middle-up approach i.e. soliciting managers and Director level resources on risk information. ...

A person that is a specified member of a "qualifying group" may jointly elect with another specified member of the group to treat certain taxable supplies made between them, while the election is in effect, as having been made for no consideration. ... Parties to an existing election with an effective date before January 1, 2015 that is still in effect on January 1, 2015, will also be required to file Form RC4616 to treat certain supplies made between them after 2014 as having been deemed to be made for nil consideration. ... Example 1: Corporation X and Corporation Y are specified members of the same qualifying group and they make an election under subsection 156(2) to deem certain taxable supplies made between them as having been made for no consideration effective January 1, 2015. ...

We will build on these initiatives and others as part of our program process, giving due consideration to the needs of small businesses. ... Several factors are taken into consideration when determining where to place, or remove “Smartlinks” such as topic complexity, topics that support new programs, compliance-related topics, relative importance of topics to taxpayers, and recommendations from call centre agents and authors based on enquiries. ... Previous update- Burden reduction considerations have been incorporated into forms’ reviews. ...

., 10% of the entire consideration) due September 15, 2010. ($50,000 is held back from each progress payment.) ...

.), which was later confirmed by the Federal Court of Appeal, gave the following explanation of when non-related persons are considered to not be dealing at arm's length: "Parties are not dealing at arm's length when the predominant consideration or the overall interest or the method used amount to a process that is not typical of what might be expected of parties that are dealing with each other at arm's length. ... Employees who are shareholders, corporate directors, corporate officers, or members of a corporation without share capital Determining if an employee who exercises another corporate responsibility for the corporation is dealing at arm's length with the employer involves the same considerations as with any other employment relationship. ...

We will build on these initiatives and others as part of our program process, giving due consideration to the needs of small businesses. ... Burden reduction considerations have been incorporated into forms’ reviews. ... They speak to the fact that paperwork burden reduction has become systemic across the CRA and support what will be ongoing consideration and analysis of what can be done to continue to reduce the compliance burden on small businesses. ...