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Value of consideration Meaning of “consideration” 7. The “consideration” payable for the purchase of a unit is the amount to be paid for the unit before any calculation of the tax payable and rebate entitlement in respect of the purchase of the unit. ... The rebate factor can be used in the following formula to determine the value of the consideration payable for a unit: Consideration = Stated price net of rebate ÷ Rebate factor. ... Calculation method Consideration = (Stated price net of rebate + $28,350) ÷ 1.113 Footnote 2 Tax payable = Consideration × 0.05 (or 5%) GST new housing rebate = $6,300 – (E × 0.063) where E = the consideration in excess of $350,000 (Note: The rebate gradually decreases based on the consideration in excess of $350,000.) ...

Value of Consideration Meaning of “consideration” 7. The “consideration” payable for the purchase of a unit is the amount to be paid for the unit before any calculation of the tax payable and rebate entitlement in respect of the purchase of the unit. ... Calculating the value of the consideration: the rebate factor Rebate factor 9. ... The rebate factor can be used in the following formula to determine the value of the consideration payable for a unit: Consideration = Stated price net of rebate ÷ Rebate factor. ...

Issuer donates a gift certificate to a charity for no consideration When the issuer transfers a gift certificate directly to a charity for no consideration, there has not been a valid transfer of property as noted in paragraph 2.2 above. ... Issuer gives a gift certificate to a charity for consideration When the gift certificate is issued to the registered charity for consideration equal to the fair market value, the issuer must include the consideration received in their income. Since the consideration the issuer receives constitutes an advantage, the eligible amount of the gift will be NIL. ...

When consideration becomes due For GST/HST purposes, in the case of a written lease agreement for non-residential real property, 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 non-residential 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 (for example, payment is made before the consideration becomes due under a written lease agreement). ... Deposits Deposits given in respect of a supply are not consideration for a supply unless and until the supplier applies the deposit as consideration for the supply or the amount is forfeited. ...

When consideration becomes due For GST/HST purposes, in the case of a written lease agreement for non-residential real property, 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 non-residential real property made by way of lease, consideration is paid without having become due when the lessee pays the consideration before it is required to be paid (for example, payment is made before the consideration becomes due under a written lease agreement). ... Deposits Deposits given in respect of a supply are not consideration for a supply unless and until the supplier applies the deposit as consideration for the supply or the amount is forfeited. ...

Lessons learned and corrective actions Next page 6.1 Measuring Progress: Strategic Considerations Extensive research was undertaken to develop an approach to weighting the results of our strategy. ... In consideration of the high cost of developing new data sources, it is anticipated that more effort will be needed to develop existing data sets to extract the information needed for effective measurement of SD progress. 6.2 Project Management Considerations A total of 13 activities were added to the SD work plan in 2005-2006. ...

A number of considerations are provided in the pages that follow. Chapter 4.6.0 indicates that the RTA does a preliminary identification of potential issues. ... Assessing the risk of each issue of concern, and thereby determining the scope of the review, depends on numerous factors and considerations. ... Such might be the case when a claimant representative has a significantly different interpretation of the Act than the CRA, or when there is a systemic or recurring issue specific to an industry sector. 4.4.0 Other planning considerations Planning for some claim reviews can involve additional procedural considerations or requirements. ...

Specific Situations Not Accepted for Canadian Competent Authority Consideration 26. ... The Canadian Competent Authority will give due consideration to the findings made by the Appeals Branch with regard to the application of Canadian law. 42. ... Provincial Income Tax Considerations 59. The provinces and territories are not bound by Canadian tax conventions. ...

Refer to Appendix A.6 for a discussion of some specific considerations for dealing with files where there is a NOO or appeal, and when the RTA may be involved in the appeals review process. ... Chapter 5.11.3 discusses procedures for dealing with problems of inadequate records and books. 2.9.0 Contact and communications with the claimant 2.9.1 General considerations All RTAs must know and follow the CRA policy on communications security for protected information. ... The RTA must take into consideration the CRA service standards when planning and conducting a review. ...

This is an important consideration for demonstrating the extent to which the issues were communicated to the claimant by the FR, and the efforts to work with the claimant to resolve these issues. ... The FR needs to take into consideration the CRA service standards when planning and conducting a review. ... Consideration of penalties must be discussed with the FRM in all cases. ...