Search - consideration

All possible benefits, both direct and indirect, accruing to members must be taken into consideration in determining the tax status of a membership. ... These are not insignificant discounts when compared to the consideration for XXXXX Membership in XXXXX. ... Therefore, as no other provisions in Schedule V apply to exempt XXXXX supplies of XXXXX Memberships made in XXXXX, they are taxable supplies subject to the GST on the consideration for the memberships. ...

With the exception of the one-time XXXXX, the consideration for this supply is payable monthly and the fees are based on a daily amount. ... Further, consideration for each supply is separately identified such that a resident knows the amount paid for accommodations and for the care and services package. ... It must also be noted that the consideration charged by S Ltd. to OPCO for the two deemed supplies must be fairly and reasonably attributed to each supply in accordance with the provisions of subsection 153(2). ...

Where the supplier of the financial service pays a portion of the surcharge fee (paid by the ABM user) to another person, such as a merchant who has provided a location for the ABM, the payment will, generally, be considered to be consideration for a taxable supply. ... The surcharge fee paid by the cardholder using the ABM is considered to be consideration for an exempt supply of a financial service. ... For example, with respect to the surcharge fee, generally, the person entitled to receive the fee as consideration for an exempt supply will not be eligible to claim ITCs on any inputs related to the making of the exempt supply. ...

If the laundry detergent was supplied free of charge to the washing machine manufacturer in return for an undertaking to advertise the particular detergent in a specified manner (i.e. no cash consideration) would the GST also be nil due to the operation of section 232.1? ... Pursuant to paragraph 232.1(c), where the preceding requirements are met, the promotional allowance is deemed not to be consideration for a supply. ... Given the preceding, it is our view that section 232.1 applies to particular tangible personal property that is acquired with the intent/for the purpose of resale 'as is' for consideration. ...

As the artisan is involved in shipping the work of art to the purchaser, consideration must be given to whether the shipping is considered to be part of the supply of the work of art, in which case it is subject to tax at the same rate as the TPP, or, a separate supply of a freight transportation service, in which case it may be subject to tax at a different rate. ... As a GST/HST registrant, an agent has the obligation to collect tax from the principal on the value of the consideration for its service of acting as agent (such as a commission) where the service is a taxable (other than zero-rated) supply made in Canada. ... In summary, with respect to the election described above, the amendments: •   ensure that amounts collected by the agent as or on account of tax are deemed held in trust by the agent for the Crown separate and apart from other funds of the agent and that the agent is eligible to claim a net tax deduction in respect of a refund or credit given by the agent of excess tax collected or tax relating to a reduction of consideration; •   ensure that the principal and agent are jointly and severally liable with respect to any claims the agent may make with respect to a net tax deduction relating to bad debts or price or tax adjustments relating to the supply, and any failure to pay an amount as a result of the agent erroneously claiming or over-claiming a net tax deduction in respect of a bad debt or a price or tax adjustment; •   ensure that if the agent claims bad debt deduction relating to the supply, the agent and principal are jointly and severally liable for a determined amount in respect of the tax on the supply if all or part of the bad debt is subsequently recovered; •   require the consideration for the supply made on behalf of the principal to be included in the agent's threshold amounts for purposes of determining the agent's reporting periods. ...

The Dealer is not authorized to accept any payment in cash or any other form of compensation from a Client in consideration for financial services provided by Lender4. ... INTERPRETATION REQUESTED You would like to know if commission revenues earned by the Dealers with respect to the assignment of Conditional Sales Contracts and to services provided to Lenders in connection with loans supplied by the Lenders are consideration for the supply of exempt financial services. ... The Dealer provides services such as meeting and explaining the terms, obtaining information and completing the application with the Customer, making a recommendation and forwarding it to the Lender for its consideration, and negotiating the terms of the loan in connection with a loan provided by a third-party. ...

The importer exported all of the books from Canada to […][individuals outside Canada] for nil consideration within 60 days of their importation. ...

. * […][X] contracts freelance interpreters to provide sign language interpretation services to such persons and pays the GST/HST on the consideration for those services. ...

In this regard, the master trust is the recipient of supplies such as investment, administration and management services, the consideration and tax for which is paid by the master trust from the assets.  ...

Payments made by a partnership to a partner in respect of an interest in the partnership are generally consideration for an exempt supply of a financial service under section 1 of Part VII of Schedule V and no GST/HST would be payable in respect of such payments. ...