Search - consideration

The CRA considers the discounts to be insignificant in relation to the membership, if the discounts in total are less than 30% of the value of the consideration for the membership. ... Is there consideration payable for the membership in the Chapter or is the Chapter making a supply of memberships for no consideration? ... However, the determination is a question of fact that requires consideration of all relevant facts. ...

For example, a single consideration does not automatically mean that there is one supply. Equally, separately identified consideration for certain elements do not necessarily mean that there are two or more supplies. ... A person does not include the consideration received from the provision of exempt supplies in determining whether it has exceeded the small supplier threshold. ...

In the [yyyy] golf tournament event, the consideration provided by a sponsor at the different levels was as follows: a. ... Must [the Association] charge GST/HST on the money it receives as consideration for the supplies it makes to sponsors? ... Must [the Association] charge GST/HST on the money it receives as consideration for the supplies it makes to endorsers? ...

For GST/HST purposes, tax is payable to the supplier by the recipient of a taxable supply, calculated on the value of the consideration for the supply. ... Therefore, where an executor or a person with power of attorney is a person who does so in the course of carrying on a business, the consideration paid or payable for those services is subject to the GST/HST. ... The request made by the Estate may be taken into consideration in accordance with the normal administrative practice in such cases. ...

" It is our view, based on the guidelines in GST/HST Policy Statement P-077R2, Single and Multiple Supplies, that the tour operator is making a single supply of a tour package to the nonresident, and the charge in respect of the room upgrade is part of the consideration for that supply. Generally, pursuant to subsections 165(1) and (2), GST/HST is imposed on the value of the consideration for a supply, where "consideration", as defined in subsection 123(1), includes any amount that is payable for a supply by operation of law. ... Section 163 sets out the rules for determining the tax to be charged on the consideration for a tour package: rather than charging a single tax rate on the all-inclusive price, the overall consideration is allocated to portions, based on the elements in the tour package and their respective tax status when they are purchased separately. ...

The following highlights some of the specific requirements of [the specified criteria, rules, terms and conditions] which should be considered in [the financial institution]’s proposed method: The method should be meaningful: To be meaningful, the method should accurately reflect the extent to which the particular business inputs were acquired or consumed and used for the purpose of making taxable supplies for consideration and for purposes other than making taxable supplies for consideration. […][The specified criteria, rules, terms and conditions require] that a specified method for an excluded input or a direct attribution method for a direct input employ tracking to allocate an input if possible before using causal allocation, and use causal allocation where possible before using an input-based allocation or an output-based allocation. ... The method should only use appropriate cost pools: An ITC allocation method should not include inputs from more than one input category in the same cost pool (that is, its direct, non-attributable and excluded inputs can’t be in the same pool), as different inputs included in that pool may be used to different extents for making taxable supplies for consideration and otherwise. As explained in B-106 [effective July 2021, in GST/HST Memorandum 17- 12], according to [the specified criteria, rules, terms and conditions], all the inputs within a cost pool must be included in a single business input category and must be acquired to the same extent for the purpose of making taxable supplies for consideration or other purposes. ...

If the arrangement in writing was entered into before July 2010, the HST would not apply to consideration for the part of a funeral service that is performed on or after July 1, 2010. ... Generally, the premiums paid on an insurance policy would be consideration for an exempt financial service. ... However, the GST would still apply to the consideration for any of the goods and services provided under that arrangement (again, unless the arrangement is also grandfathered for GST). ...

Interpretation Given Section 13 of Part III of Schedule V to the ETA exempts a supply of a meal to a student enrolled at a university or public college where the meal is provided under a plan that is for a period of not less than one month and under which the student purchases from the supplier for a single consideration only the right to receive at a restaurant or cafeteria at the university or college not less than 10 meals weekly throughout the period. The consideration paid by a student for a meal plan must be sufficient to provide the student with at least 10 meals each week for the period of the plan, which must not be less than one month. ... Please note however, that where the unused balance is carried forward for future use, whether GST will apply will depend on whether that amount is consideration for a supply and the tax status of that supply at the time the consideration is paid or becomes due. ...

Pursuant to subsection 249(1) of the Act, the threshold amount for a fiscal year of a person is an amount equal to the total of the amount determined by the formula (A x 365/B) + (C x 365/D) where A is the total consideration (other than consideration attributable to the sale of goodwill of a business) paid or payable to the person in the immediately preceding fiscal year (referred to as the base year) for taxable supplies (other than supplies of financial services, supplies by way of sale of capital real property, and zero-rated exports) made in Canada; and B is the number of days in the base year. ... Under subsection 249(1), the threshold amount for a particular fiscal year (year 3) is based on the consideration for taxable supplies in the immediately preceding fiscal year (year 2). Therefore the threshold amount for year 2 is based on the consideration for taxable supplies in the immediately preceding fiscal year (year 1). ...

Retailers accepted these coupons as partial consideration towards the purchase price of XXXXX products. ... The GST/HST was collected by the retailers on the value of the consideration which would be payable if the coupons had not been accepted. ... As such, the amount of the promotional allowance is not consideration for a supply made by the retailer to the supplier. ...