Search - consideration

Subsection 153(4) applies where a registrant supplier makes a supply of tangible personal property and accepts as full or partial consideration from a non-registrant used tangible personal property (i.e. the trade-in) for use in the supplier’s commercial activity. ...

Pursuant to the recitals of the [agreement 2], the LP has engaged the Manager to carry out […]with respect to the Project in consideration of certain fees, all set out in the [agreement 2]. 17. ... Comments on agreements provided The agreements provided do not substantiate that the payment made by LP1 to [corporation 1] to reimburse [corporation 1] in respect of a Project Bonus payment [corporation 1] made to its employee was consideration in respect of a supply of a service acquired by LP1 for consumption, use or supply in the course of the activities of the LP. ... There is no evidence that the LP gave any consideration to the Project Bonus payment set out under the [agreement 4]. ...

Subsection 259(1) defines “qualifying funding” of the operator of a facility for all or part of a fiscal year of the operator to mean "a readily ascertainable amount of money (including a forgivable loan but not including any other loan or a refund, remission or rebate of, or credit in respect of, taxes, duties or fees imposed under any statute) that is paid or payable to the operator in respect of the delivery of health care services to the public for the purpose of financially assisting in operating the facility during the fiscal year or part, as consideration for an exempt supply of making the facility available for use in making facility supplies at the facility during the fiscal year or part or as consideration for facility supplies of property that are made available, or services that are rendered, at the facility during the fiscal year or part and is paid or payable by (a) a government, or (b) a person that is a charity, a public institution or a qualifying non-profit organization (i) one of the purposes of which is organizing or coordinating the delivery of health care services to the public, and (ii) in respect of which it is reasonable to expect that a government will be the primary source of funding for the activities of the person that are in respect of the delivery of health care services to the public during the fiscal year of the person in which the supply is made. ... Medical funding of a supplier in respect of a supply means an amount of money (including a forgivable loan but not including any other loan or a refund, remission or rebate of, or credit in respect of, taxes, duties or fees imposed under any statute) that is paid or payable to the supplier in respect of health care services for the purpose of financially assisting the supplier in making the supply or as consideration for the supply by (a) a government, or (b) a person that is a charity, a public institution or a qualifying non-profit organization (i) one of the purposes of which is organizing or coordinating the delivery of health care services to the public, and (ii) in respect of which it is reasonable to expect that a government will be the primary source of funding for the activities of the person in respect of the delivery of health care services to the public during the fiscal year of the person in which the supply is made. ...

In accordance with section 165 every recipient of a taxable supply made in Canada is required to pay GST at the rate of 5%, or HST at the appropriate rate (as stated above) depending on the place of supply, calculated on the value of the consideration for the supply except where the supply is a zero-rated supply. ...

Through the application of subsections 168(1) and 152(1), this is generally the reporting period in which the recipient was first invoiced by the supplier for the consideration payable on the relevant supply, despite the fact that it may not have been billed for the applicable GST/HST at that time. ...

For purposes of subsection 13(1) of the Regulations, the address obtained by the supplier in the ordinary course of its business must be an address in Canada of the “recipient” of the supply who, under subsection 123(1), is generally defined to mean the person who is liable under the agreement for the supply to pay the consideration payable for the supply. ...

EXPLANATION The general rule in section 165 is that every recipient of a taxable supply made in Canada shall pay tax calculated at the rate of 5%, 13%, 14%, or 15% (depending on the place of supply) on the value of the consideration for the supply, unless the supply is zero-rated. ...

If [ACo] is a registrant, the consideration for these supplies is subject to GST/HST, as applicable depending on the place of supply. ...

Therefore, the supplier would be required to account for the GST/HST paid or payable on the consideration for supplies of acupuncture services made after February 11, 2014, unless he or she is a small supplier (Footnote 2). ...

You understand that the consideration for the service of having the property delivered to an off-reserve location is not relieved from the GST/HST. ...