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. ¶1.5(b) (formerly included in ¶1(a) and 2 of IT-169) has been amended to provide further guidance regarding the parameters having to be taken into consideration to determine whether a fair and reasonable method is used. ¶1.6 has been added to describe certain adjustments where share consideration was received on the transfer of property in application of a price adjustment clause. It specifically warns about difficulties associated with adjustments to the purchase price in the form of issuance of additional shares or the cancellation of previously issued shares. ¶1.7 has been added to describe certain adjustments where non-share consideration was received on the transfer of property in application of a price adjustment clause. ¶1.8 and 1.9 have been added to clarify the tax consequences of the application of an effective price adjustment clause. ¶1.10 has been added to provide that any additional payment made as a result of the application of a price adjustment clause that changed the redemption value of shares redeemed in a previous taxation year will be treated as a dividend under subsection 84(3). ¶1.11 has been added to clarify that an effective price adjustment clause may change the deemed proceeds of disposition of freeze shares under subsection 70(5). ¶1.12 has been added to confirm that a price adjustment clause might not prevent the application of subsection 55(2) in the context of a butterfly reorganization. ¶1.13 (formerly included in ¶4 of IT-169) has been amended to remove the terms “or amended agreements on the price paid for inventory”. ...

No Goal 7: Waste and Asset Management Target 7.2: Green Procurement As of April 1, 2014, the Government of Canada will continue to take action to embed environmental considerations into public procurement, in accordance with the federal Policy on Green Procurement. CRA target As of April 1, 2014, the CRA will continue to embed environmental considerations into Crown procurement. ... Performance measurement Expected result: CRA workplace operations have a reduced environmental impact Performance Indicator Performance Level Achieved An approach to improve the sustainability of CRA workplace operations in place by March 31, 2015 Completed April 1, 2014 Implementation Strategy Element Performance Level Achieved Engage employees in greening government operations Achieved Integrate environmental considerations into corporate policies, processes, and practices in accordance with departmental refresh cycles Achieved Maintain or improve existing approaches to sustainable workplace practices (printer ratios, paper usage, and green meetings) Achieved Minimize the ratio of information technology assets per employee Achieved Select and operate IT and office equipment to reduce energy consumption and material usage Achieved Dispose of e-waste in an environmentally sound and secure manner Achieved Reuse or recycle workplace materiel and assets in an environmentally sound and secure manner Achieved Minimize all non-hazardous solid waste generated and use service offerings to maximize the diversion of waste Achieved Increase the population density in office buildings and the use of space in special purpose buildings Achieved Target 7.4: Greening Services to Clients By March 31, 2015, departments will establish SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) targets to reduce the environmental impact of their services to clients. ...

Budget 2016 changes the definition of “specified housing supply” such that it now refers only to a sale of grandparented housing to a person where the total consideration for the sale, including consideration for any other taxable supply made to the person of an interest in the grandparented housing, is $450,000 or more. ... GST/HST on charitable donations The GST/HST is generally imposed on the value of the consideration for a taxable supply of property or a service made in Canada. ... The amendment applies to deem the value of the consideration for the supply of the T-shirt to be its fair market value, $20. ...

The amount of consideration for each part is equal to the portion of the total consideration that can reasonably be attributed to each part. Once the consideration is apportioned among the parts, tax can be calculated on the separate portions. ... In this situation, 15% HST is calculated on the value of the consideration that can reasonably be attributed to the property in New Brunswick. ...

A chargeback is consideration for supplies other than a freight transportation service. The chargeback may be related to a freight transportation service in that it is consideration for inputs into the freight transportation service, but it is not consideration for the freight transportation service itself. ... Any demurrage fees and any penalty paid by one railway corporation to another railway corporation for delay in returning railway rolling stock are deemed not to be consideration for a supply. ...

Green purchases We will buy goods and services that meet environmental, social, and economic considerations. ... We will support the management of our IT systems and capacity by including SD considerations into IT decisions and learning. ... Financial considerations will be updated as part of the ongoing maintenance of the strategy. ...

Effects of subsection 167(1) Consideration attributed reasonably among separate supplies para 167(1)(a) 10. ... The consideration for each property and service is equal to that portion of the consideration for the supply of the business or part that can reasonably be attributed to that property or service. ... That part of the consideration is not included in calculating GST/HST payable in respect of the supply. ...

In the reporting period in which the employee received the automobile, the registrant invoiced the employee $29,000 as consideration for the automobile. ... Although subsection 173(1) deems the registrant to have collected tax in respect of the supply of a taxable benefit, it does not deem the value of consideration to become due. ... The GST/HST deemed collectible by the registrant on a standby charge benefit is equal to the tax fraction of the total consideration for the benefit. ...

The carbon tax, under the Carbon Tax Act, is not a prescribed levy included in the Taxes, Duties and Fees (GST/HST) Regulations and is therefore included in the consideration for the supply of property. ... GST is calculated on this consideration and the total amount for the purchase of propane is $16.25. $15.48 18 litres of propane at 86 cents per litre which includes the carbon tax $.77 5% GST $16.25 total 2. ... Example A social worker collected the GST on the consideration for counselling services provided to a client on June 30, 2007. ...

It is a general CRA practice for another CRA official, or a committee of CRA officials, to prepare a decision report for the designated official's consideration, including a recommendation on whether or not granting relief is warranted. ...