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Please refer to Interpretation Bulletin 496 pursuant to the Income Tax Act for further information. 3) "Government funding" of a person, as defined in the Regulations, means an amount of money that is readily measurable and is paid or payable to a non-profit organization by a grantor for the purpose of: i) financially assisting the particular person in carrying out its objectives and not as consideration for supplies made by the person, or ii) payment for exempt supplies of property or services provided to persons other than the grantor or a person related to the grantor. ...

Therefore, if the City can demonstrate that all or substantially all of these supplies are made for no consideration, the supply of the SARs would be exempt under section 10 of Part VI of Schedule V to the Act. ...

Interpretation Given Based on the information provided, the fee paid by a XXXXX member institution is a fee paid in consideration for the arranging for a financial service and is consequently exempt for GST/HST purposes. ...

Explanation: Subsection 182(1) of the Act applies where, "as a consequence of the breach, modification or termination after 1990 of an agreement for the making of a taxable supply (other than a zero rated supply) of property or a service in Canada by a registrant to a person", an amount is paid or forfeited by the person to the registrant otherwise than as consideration for the supply. ...

Interpretation Requested In your letter you state that it is your understanding that a grant or subsidy, that is not consideration for a supply, may be excluded from an output based method for input tax credit (ITC) allocation because it does not specifically relate either to exempt supplies or taxable supplies. ...

There are a number of considerations in this case: 1. Can the program, which includes accommodation at bed and breakfast establishments, be classified as a tour package? ...

. •   When invoicing XXXXX will calculate the consideration for the supply of its services based on XXXXX per pound of gain. ...

XXXXX is providing a taxable service XXXXX and is required to collect the GST at a rate of 7% on the value of the consideration it receives from XXXXX  pursuant to subsection 221(1) of the Act. ...

Under subsection 165(1) of the Excise Tax Act (ETA), every recipient of a taxable supply made in Canada is, in respect of the supply, required to pay tax equal to 7 per cent of the consideration for the supply. ...

In general, to the extent that an input is acquired for consumption or use in making taxable supplies for consideration, the input will be considered to have been acquired for consumption or use in commercial activities. ...