Search - consideration

Under section 123(1) the recipient of a supply is defined as the person liable to pay the consideration i.e., the invoice is made out in their name. ... The term "recipient" of a supply of property or a service is defined under subsection 123(1) of the ETA to mean, in part, (a) where consideration for the supply is payable under an agreement for the supply, the person who is liable under the agreement to pay that consideration, (b) where paragraph (a) does not apply and consideration is payable for the supply, the person who is liable to pay that consideration,... ... The fact that another person may pay the GST and consideration related to a supply does not affect the employer's eligibility to claim an ITC. ...

The consideration (in cash and/or value-in-kind) provided by a sponsor of the XXXXX at the different levels covered in the Sponsorship Agreements are as follows:-    XXXXX-    XXXXX-    XXXXX. 7. ... The consideration provided by a sponsor of the XXXXX at the different levels of XXXXX is as follows:-    XXXXX-    XXXXX-    XXXXX-    XXXXX-    XXXXX-    XXXXX. ... The consideration provided to the Society by the recipient of the Sponsorship Agreement and the Memorandum of Agreement includes both cash and value-in-kind. ...

Pursuant to section 154 a prescribed provincial levy is not included in the consideration for a supply of property or a service, and therefore is not subject to GST/HST. ... By virtue of paragraph 154(2)(b), a prescribed provincial levy payable by the recipient would not be included in the consideration for the supply of property or a service. ... The proposed tax would not be a prescribed provincial levy and would be included in the consideration for a supply of property or a service in determining the value upon which GST applies and is calculated. 2. ...

To qualify under these criteria, the payment being made by XXXXX to the dealer would have to be viewed as a reduction of the original consideration paid by the dealer to XXXXX to purchase the vehicle. ... It must now be determined whether the payment, which is now, not a deferred price adjustment, is consideration for a supply. ... In both cases, the payment is consideration for a supply. Schedule V of the Act does not contain a provision to describe the supply as an exempt supply, therefore tax will apply to the transaction. ...

Are payments received by an NPO from XXXXX consideration for the supply of volunteers, a grant, or consideration for the supply of the right to participate in a game of chance? ... Conclusion: Bingo revenues received by an NPO from XXXXX are not consideration for a supply but are instead "grants" in accordance with XXXXX[.] ... As the amount provided to the NPOs is not consideration for a supply, the amount qualifies as government funding. ...

Interpretation Requested You requested our comments as to whether the lease of the exercise equipment qualifies as capital property for GST purposes and, if so, whether the XXXXX is eligible to claim an ITC in respect of the total value of consideration for the property (versus claiming an ITC on each individual lease payment). ... Subsection 152(2) of the Act states that where property is supplied by way of lease, licence or similar arrangement under an agreement in writing, the consideration, or any part thereof, for the supply shall be deemed to become due on the day the recipient is required to pay the consideration or part to the supplier pursuant to the agreement. Subsection 168(2) of the Act states that where consideration for a taxable supply is paid or becomes due on more than one day, the tax in respect of the supply is payable on each day that is the earlier of the day a part of the consideration is paid and the day that part becomes due and the tax that is payable on each such day shall be calculated on the value of the part of the consideration that is paid or becomes due, as the case may be, on that day. ...

As each member is required to sign an insertion contract for the advertising project, each member is liable to the contractor for their portion of the consideration as set out in the insertion contract. ... As a result, the GST payable by XXXXX is restricted to the amount of the consideration that XXXXX is liable to pay. Similarly, the GST payable by the members is restricted by the consideration the members are liable to pay. ...

Proposed subsection 153(4) of the ETA provides rules in respect of calculating the value of the consideration for a supply of tangible personal property made by a supplier. This is done by reducing the value of the consideration for such a supply in circumstances where all the other conditions of that subsection have been met and where the exceptions listed in subsection 153(5) of the ETA do not apply. The amount of the reduction is equal to the value of the consideration for the trade-in. ...

The "recipient" of a supply is defined in subsection 123(1), in part, as the "person who is liable under the agreement to pay (the) consideration..."" Since the Association has agreed to pay consideration for this service, in the form of reimbursing the Corporation's expenses, the Association, pursuant to subsection 165(1), is subject to tax on such consideration as the "recipient. ... These reimbursements represent consideration for the rental of horse stalls. ...

The student must purchase the plan from the supplier for a single consideration; and 3. ... The single consideration for the meal plan need only be sufficient to cover 10 or more meals. ... It is a question of fact and law whether the plan is purchased from the supplier for a single consideration. ...