Search - consideration

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 province in which the supply is made, calculated on the value of the consideration for the supply except where the supply is a zero-rated supply. ... For example, if [the Municipality] provides supplies of admissions to a place of amusement, the admissions would be exempt from the GST/HST, to any recipient, if the maximum consideration for a supply made by the municipality of such an admission does not exceed one dollar. ...

A society must not distribute any of its money or other property other than (a) for full and valuable consideration, (b) in furtherance of the purposes of the society, (c) to a qualified recipient, (d) for a distribution required or authorized by this Act, including, without limitation, a distribution made in accordance with this Act on the society’s dissolution, or liquidation and dissolution, or for a distribution otherwise required by law, or (e) for a distribution that is (i) of a type authorized by the regulations, and (ii) made in accordance with the regulations. 14. (1) A society is incorporated when the incorporation application is filed with the registrar under section 13. […] 41. ... All possible benefits accruing to members must be taken into consideration in determining the tax status of the membership. ...

You have provided the following documents for our consideration: a) Commercial head lease agreement (Head lease) dated [mm/dd/yyyy]. b) Amendments to the Head lease dated [mm/dd/yyyy], [mm/dd/yyyy], and [mm/dd/yyyy] c) Sublease agreement (Sublease) dated [mm/dd/yyyy], including [...]. d) The [...] ... This support is seen in the Sublease references to the consideration payable by [the individual] as basic rent and additional rent. ...

Where the owner of the unit is a GST registrant and the supply of the unit is made in the course of a commercial activity, the owner would be required to collect and remit GST from the buyer based on the value for consideration for the supply pursuant to subsection 165(1) of the Excise Tax Act. Where the owner of the unit is not a GST registrant there would be no GST collected and remitted on the value for consideration for the supply. ...

The policy is based on careful consideration of the Tax Court of Canada and Federal Court of Appeal decisions in Riverfront, the exemptions in the ETA that apply to supplies made by medical practitioners and practitioners, as well as the information provided by stakeholders on the issue. ... XXXXX currently charges the GST on the single consideration shown on its invoices for the reports. ...

Supply to the Shareholder Section 6 of Part I of Schedule V to the ETA exempts a supply: "(a) of a residential complex or a residential unit in a residential complex by way of lease, licence or similar arrangement for the purpose of its occupancy as a place of residence or lodging by an individual, where the period throughout which continuous occupancy of the complex or unit is given to the same individual under the arrangement is at least one month; or (b) of a residential unit by way of lease, licence or similar arrangement for the purpose of its occupancy as a place of residence or lodging by an individual, where the consideration for the supply does not exceed $20 for each day of occupancy". ... The consideration charged for the supply and Holdco's cost of providing the property and services. 4. ...

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 a XXXXX, Associate or Affiliate Membership in XXXXX. ...

These "allowable" benefits are as follows: the right to receives services supplied by the political party that are in the nature of investigating, conciliating or settling complaints or disputes involving its members; the right to vote at, or to participate in meetings; the right to receive or acquire property or services supplied to the member for consideration, that is not part of the membership fee, and that is equal to the fair market value of the property or service provided; the right to receive a discount on consideration paid for supplies made by the political party where the total of these discounts is less than 30% of the amount paid for the membership; the right to receive periodic newsletters, reports or publications where the value is less than 30% of the amount of the membership fee or that provide information on the activities of the political party or its financial status, other than newsletters, reports or publication whose value is significant (i.e., equalling 30% or more of the membership fee) and for which a fee is ordinarily charged to non-members. ...

Section 163 requires the tour operator to apply a formula to determine which portion of the consideration for the supply of the entire tour package is attributable to supplies made in the participating provinces and which portion of the consideration for the supply of the entire package is attributable to supplies made in the non-participating provinces. ...

The rebate under this section is determined by reference to the consideration payable for the building only. ... This leaves only paragraphs (a) and (b) for more detailed consideration. ...