Search - consideration

Interpretation Given The supply of each of the condominium units XXXXX by way of sale is subject to tax at the rate of 7% on the value of the consideration for the supply. ...

Interpretation Requested The definition of "foreign convention" in subsection 123(1) of the Excise Tax Act ("the Act") states that in order to qualify as a "foreign convention" at least 75% of the admissions must be reasonably expected to be supplied to non-resident persons at the time the consideration for the admissions to the convention is determined and that the sponsor of the convention is an organization whose head office is outside Canada, or if there is no head office, the member or majority of members having management and control of the organization, is or are non-resident. ...

New paragraph 1(o.3), which is applicable to supplies for which all of the consideration becomes due or is paid without having become due on or after May 14, 1996, reads: (o.3) platters of cheese, cold cuts, fruit or vegetables and other arrangements of prepared food; The principal difference between former subparagraph 1(o)(iv) (read in the context of former paragraph 1(o)) and new paragraph 1(o.3) is that subparagraph 1(o)(iv) applied only where certain platters and other arrangements were sold in a form suitable for immediate consumption, whereas paragraph 1(o.3) applies regardless of whether they are sold in a form suitable for immediate consumption. ...

Under the Excise Tax Act (the law which imposes the GST/HST), when drugs are sold by a manufacturer or wholesaler, the rule of thumb should be that the consideration for the supply is generally GST/HST taxable unless the drug is listed as follows: (a) in Schedule C or D to the Food and Drugs Act, (b) in Schedule F to the Food and Drug Regulations (other than a drug or a mixture of drugs which may be sold to a consumer without a prescription), (c) it is a drug or other substance included on Schedule G to the Food and Drugs Act, (d) it is a drug that contains a substance included on the schedule to the Narcotic Control Act (other than a drug or mixture of drugs that may be sold to a consumer without a prescription pursuant to that Act or Regulations made under that Act), (e) it is one the following listed drugs: Digoxin Digitoxin Prenylamine Deslanoside Erythrityl tetranitrate Isosorbide dinitrate Nitroglycerine Quinidine and its salts Medical oxygen Epinephrine and its salts, or (f) it is a drug the supply of which is authorized under the Food and Drug Regulations for use in emergency treatment. ...

We have noted the issues that you have raised in your correspondence and will take these into consideration during our ongoing review of the CCRA's administration of the section 167 election. ...

The supply of a service is taxable for GST/HST purposes at the rate of 7% (15% where the supply is deemed to be made in a participating province: Nova Scotia, New Brunswick or Newfoundland) on the value of the consideration for the supply unless the supply is zero-rated (taxed at 0%). ...

Consideration, perhaps, should be given to P-195R, rebate for artistic works for export, which provides guidelines as to whether a non-resident would be eligible for a rebate pursuant to subsection 252(2), and which may shed some light on what type of supplies acquired by the non-resident would be considered as acquired for consumption or use exclusively in the production of the artistic work. ...

Generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada tax in respect of the supply calculated at the GST rate of 7% (or HST rate of 15%, as applicable) on the value of the consideration for the supply. ...

Generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada tax in respect of the supply calculated at the GST rate of 7% (or HST rate of 15%, as applicable) on the value of the consideration for the supply. ...

Generally, every recipient of a taxable supply made in Canada shall pay to Her Majesty in right of Canada tax in respect of the supply calculated at the GST rate of 7% (or HST rate of 15%, as applicable) on the value of the consideration for the supply. ...