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Excise and GST/HST News- No. 94 Table of Contents Economic Action Plan 2014 Act, No. 2 Draft GST/HST Policy Statement released for public comment Form RC4616- Election for nil consideration under section 156 of the Excise Tax Act Regulations Amending Various GST/HST Regulations Reporting and filing options for certain excise duty licensees Prescribed rates of interest What’s new in publications Enquiries Economic Action Plan 2014 Act, No. 2 On October 10, 2014 the Minister of Finance tabled a Notice of Ways and Means Motion to implement tax provisions in Economic Action Plan 2014. ... Please send comments on this draft policy statement by February, 28, 2015, to the following address: Director Public Service Bodies and Governments Division Excise and GST/HST Rulings Directorate Canada Revenue Agency 14th floor, Place de Ville, Tower A 320 Queen Street Ottawa, ON K1A 0L5 Fax: 613-990-7584 Form RC4616- Election for nil consideration under section 156 of the Excise Tax Act The election under section 156 permits corporations resident in Canada and Canadian partnerships that are registrants engaged exclusively in commercial activities and that are members of the same qualifying group, to jointly elect to treat taxable supplies (with certain exceptions) between them as having been made for no consideration. Effective January 1, 2015, an election (or revocation of an election) must be made jointly by a particular specified member of a qualifying group and another specified member of the same group by completing and filing Form 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 which is replacing Form GST25. ...

The value of consideration can be determined by applying a “rebate factor”. ... Applying the rebate factor to calculate the value of the consideration Value of consideration (where purchaser is not entitled to the Nova Scotia rebate) 14. ... Value of consideration (where purchaser is entitled to the Nova Scotia rebate) 16. ...

Reduction in consideration ss 232(2) 5. Where a supplier has charged to, or collected from, another person tax and there has been a reduction in the consideration after the GST/HST has been charged or collected, the supplier may adjust the amount of tax charged but not collected by subtracting the portion of tax that was calculated on the amount by which the consideration was reduced, where tax calculated on the consideration or part was charged but not collected; and credit or refund the tax collected on the portion of the consideration or part that was reduced, where tax calculated on the consideration or part was collected. 6. A reduction in consideration may occur under the following circumstances: when some or all of the consideration is returned; as a result of surpassing a certain volume of purchases, i.e., a volume rebate; where goods delivered are found to be substandard; or where goods are returned to the supplier for a full or partial refund of the consideration. 7. ... An early payment discount to which section 161 applies is not considered to be a reduction of consideration. 10. ...

Total consideration must not exceed $481,500. For further information, see the discussion of total consideration in Section 19.3.1, Rebate for Builder-Built Unit (Land Purchased). ... It is calculated as 2.34% of the total consideration to a maximum of $8,750. The rebate gradually reduces to zero as total consideration increases from $374,500 to $481,500. ...

The remainder of the consideration is to be financed by a loan subject to approval by a bank. ... Therefore, services cannot reduce the amount of consideration subject to tax. ... In this case, the GST is charged on the value of consideration for each of the supplies. ...

Farmland rented under a sharecropping arrangement is zero-rated to the extent that the consideration for the supply is a share of production of zero-rated crops. ... No other consideration is paid in respect of the lease. Decision and Rationale The consideration for the supply of the land is a fixed amount per acre and is not a share of the production from the property. ...

., video/web/teleconferencing) to all employees (Annual) Sustainable travel options promoted SIB 1.2.2 Measure annual GHG emissions from business related air travel (Annual) Annual GHG emissions from business related air travel measured FAB Green procurement Goal 2: Embedded environmental considerations in Crown procurement Green procurement management approach statement: The CRA is committed to implementing green procurement principles and practices throughout the Agency. The CRA will continue to embed environmental considerations in Crown procurement and support green procurement through the following implementation strategies that directly support the Federal Sustainable Development Strategy 2013–2016: Integrate environmental considerations into procurement management processes and controls Train procurement and materiel management functional specialists on green procurement Include green procurement in performance evaluations of managers and functional heads of procurement and materiel management Leverage common use procurement instruments where available and feasible These implementation strategies are relevant to the CRA's operations and represent opportunities to reduce their environmental impact. Goal 2: Embedded environmental considerations in Crown procurement Target Activity Output(s) Accountability Target 2.1 Target 2.1 Continue to take action to embed environmental considerations into Crown procurement Measure: Percentage of SD National Action Plan green procurement activities met FSDS Target: 7.2 2.1.1 Review and update, as required, the terms of reference for the Procurement Review and Oversight Committee (PROC) to ensure environmental considerations are taken into account in the review of proposals (March 31, 2017) Updated PROC terms of reference FAB 2.1.2 Engage the SD Centre of Expertise on environmental considerations for contractual arrangements valued over $1M (March 31, 2017) SD Centre of Expertise engaged for contractual arrangements valued over $1M FAB 2.1.3 Promote the use of e-procurement catalogues when clients are developing requirements for commonly used goods or services (i.e., conduct fit assessments for new commonly used commodities) (March 31, 2017) Number of fit assessments conducted for new commonly used commodities FAB Target 2.2 Target 2.2 All procurement and materiel management functional specialists will have completed the Canada School of Public Service course on green procurement, or equivalent, within two years of being identified as a specialist Measure: Number and percentage of specialists in procurement and materiel management who have completed the Canada School of Public Service Green Procurement course, or equivalent FSDS Target: 7.2 2.2.1 Ensure all procurement and materiel management functional specialists (i.e., specialists in Laval, AD-Contracting, and AD-Assets and Commodity Management) have completed the Canada School of Public Service course on green procurement, or equivalent, within two years of being identified as a specialist (Annual) Procurement and materiel management functional specialists trained in green procurement FAB 2.2.2 Ensure the green procurement components of acquisition cardholder training are up-to-date (March 31, 2016) Up-to-date training material FAB 2.2.3 Update Manager's Corner to support green procurement training and awareness to managers (March 31, 2015) Manager's Corner updated HRB Target 2.3 Target 2.3 All managers and functional heads of procurement and materiel management will include green procurement in their performance evaluations Measure: Number and percentage of managers and functional heads of procurement and materiel management whose performance evaluations include green procurement FSDS Target: 7.2 2.3.1 Develop sample green procurement objectives for performance agreements for managers and functional heads of procurement and materiel management (March 31, 2015) Sample green procurement objectives SIB 2.3.2 Ensure the performance evaluations of all managers and functional heads of procurement and materiel management include green procurement (Annual) Managers and functional heads of procurement with green procurement in performance evaluations FAB Target 2.4 Target 2.4 By March 31, 2017, 90% of copy paper, publications, and envelopes purchased will contain a minimum of 30% recycled content paper that is certified to a recognized environmental standard to reduce the environmental impact of its production Measure: Percentage of copy paper, publications, and envelopes purchased that meet the requirements FSDS Target: 7.2 2.4.1 Ensure common use procurement instruments are used by employees where available and feasible (i.e., Synergy catalogues and acquisition card transactions) (Annual) Common use procurement instruments used by employees FAB 2.4.2 Ensure procurement instruments for copy paper, publications, and envelopes require a minimum of 30% recycled fibre content and certification to a recognized environmental standard that reduces the environmental impact of its production (March 31, 2017) Procurement instruments for copy paper, publications, and envelopes that meet the requirements FAB, PAB Target 2.5 Target 2.5 By March 31, 2017, 90% of vehicles purchased are right-sized for operational needs and are the most fuel efficient in class available at the time of purchase Measure: Number and percentage of vehicles purchased that meet the requirements FSDS Target: 7.2 2.5.1 Ensure vehicles purchased are right-sized for operational needs and are the most fuel efficient in class available at the time of purchase based on the PWGSC Government Motor Vehicle Ordering Guide (Annual) Right-sized and most fuel efficient in class vehicles purchased FAB Sustainable workplace operations Goal 3: Improved sustainability in workplace operations Sustainable workplace operations management approach statement: The CRA is committed to improving the sustainability of its workplace operations and will continue to manage assets and waste responsibly and reduce the environmental impacts of its operations through the following implementation strategies that directly support the Federal Sustainable Development Strategy 2013–2016: Integrate environmental considerations into corporate policies, processes, and practices in accordance with CRA refresh cycles Maintain or improve existing approaches to sustainable workplace practices (i.e., printer ratios, paper use, and green meetings) Minimize the ratio of information technology (IT) assets per employee Select and operate IT and office equipment in a manner that reduces energy consumption and material use Dispose of e-waste in an environmentally sound and secure manner Reuse or recycle workplace materiel and assets in an environmentally sound and secure manner Minimize all non-hazardous solid waste generated and leverage PWGSC service offerings to maximize the diversion of waste Increase the population density in office buildings and space utilization in special purpose buildings Engage employees in greening government operations practices These implementation strategies are relevant to the CRA's operations and represent opportunities to reduce their environmental impact. ...

Determining the consideration for the taxable portion Consideration for portions of tour package – first supplier para 163(1)(a) 33. ... The consideration for the respective relevant portions is calculated as follows: NON-PROVINCIALLY TAXABLE PORTION PROVINCIALLY TAXABLE PORTION Consideration for the supply of the tour package $2,724 $2,724 Taxable percentage 20% 80% Consideration for the relevant portion $544.80 $2,179.20 The registrant would charge the following amounts with respect to the supply of the tour package: Consideration for the supply of the tour package $2,724.00 GST ($544.80 × 5%) 27.24 HST ($2,179.20 × 13%) 283.30 Total $3,034.54 Consideration for portions of tour package – subsequent supplier para 163(1)(b) 34. When a supply of a tour package is made by a person other than the first supplier (i.e., a subsequent supplier), the consideration for the supply of the relevant portion is determined by the formula A X B where A is the percentage that the consideration for the supply to the subsequent supplier of the relevant portion is of the total consideration paid or payable by the subsequent supplier for the entire tour package; and B is the total consideration paid or payable to the subsequent supplier for the entire tour package. ...

The tour operator determines the consideration for the GST-taxable portion and the HST-taxable portions of the tour package as follows: GST-taxable portion 12% HST-taxable portion 13% HST-taxable portion Selling price $3,795.00 $3,795.00 $3,795.00 Taxable percentage 12% 9% 51% Consideration for each portion $455.40 $341.55 $1,935.45 Step 5: Calculating the GST and the HST Tour operators calculate the GST on tour packages by applying the GST on the consideration for the tour package that is attributable to the GST-taxable portion. They calculate the 12% HST by applying the 12% HST on the consideration for the tour package that is attributable to the 12% HST-taxable portion. They calculate the 13% HST by applying the 13% HST on the consideration for the tour package that is attributable to the 13% HST-taxable portion. ...

., receipts, cancelled cheques, you should submit full details and a written explanation for consideration. ... Other considerations Indicate with your request if this is the first or second review request. ...