Search - consideration

As the contract stipulates a monthly charge for the annual monitoring service fee in the amount of XXXXX pursuant to subsection 168(1) of the Act, the GST is payable by the recipient on the earlier of the day the consideration for the supply is paid and the day the consideration becomes due. ... The supply has been completed pursuant to paragraph 168(3)(a) of the Act and the GST is calculated on the value of the consideration XXXXX[.] Amounts paid as interest would represent consideration for an exempt financial service. ...

The stated consideration paid by the Co-op Assoc. to the Developer for the purchase of the Subject Property was $XXXXX and other good and valuable consideration. ... The stated consideration paid by the Developer for the land-use rights for the XXXXX year period is $XXXXX. ... Where the lease, licence or similar arrangement is under an agreement in writing, subsection 152(2) of the ETA provides that the consideration, or any part of it, is deemed to become due on the day the recipient is required to pay the consideration or part of it to the supplier under the agreement. ...

For GST/HST purposes, the ancillary fees described in Fact #16 are neither part of the consideration for a supply of a passenger transportation service nor consideration for supplies made in Canada. ... For GST/HST purposes, an airport improvement fee is consideration for a separate supply by an airport authority of real property made by way of licence. ... Excess baggage charges For GST/HST purposes, the excess baggage charge described in Fact #15 is consideration for a separate supply of a service of transporting an individual's baggage, and not part of the consideration for a supply of a passenger transportation service. ...

Accordingly, the contributions would not be regarded as consideration for a supply under the ETA and as such would not be subject to tax. ... Therefore, any transfer of moneys by the trust to the insurer as premiums for an insurance policy represents consideration for an exempt supply. ... Comments: Where the fund itself provides the training courses to the employees, it is our view that the fund is making a taxable supply of training to the employer for no consideration. ...

Interpretation Requested You would like clarification on the acceptability of a GST registrant reducing the consideration for a previous supply by including a credit amount as a line item on a subsequent invoice. ... Interpretation Given Based on the information provided, it is agreed that the Canada Revenue Agency (CRA) would accept the reduction of consideration and corresponding tax adjustment to be indicated on a customer's invoice as meeting the Credit Note and Debit Note Regulations requirements, provided that the indication is clear as to its representation of the reduction amount and the corresponding tax amount is clearly indicated on the invoice. ...

This section provides, in part, that a supply of any property made by a public sector body is an exempt supply where all or substantially all of the supplies of the property are made for no consideration. ... In this case, section 10 of Part VI of Schedule V to the ETA does not apply as less than "substantially all" of the supplies of the metered street parking are provided for no consideration. ...

Prior to March 11, 1992, supplies of these pesticides, where the total consideration paid or payable on a single invoice was at least $500.00, were zero-rated. ... Supplies of qualifying pesticides are zero-rated after March 10, 1992 when supplied for any amount of consideration. ...

Prior to March 11, 1992, supplies of these pesticides, where the total consideration paid or payable on a single invoice was at least $500.00, were zero-rated. ... Supplies of qualifying pesticides are zero-rated after March 10, 1992 when supplied for any amount of consideration. ...

Question: Do these amounts represent consideration for a supply, or a gift, because the publisher simply recognizes their support in the books and does not really seem to be providing a service of advertising? ... Therefore, it appears that the absence of such a provision means that when a for profit business provides financial assistance to a registrant who in turn provides promotional services (even limited promotion as in this case) then the amount paid by the sponsor represents consideration for a supply. ...

The following is our understanding of the facts for our consideration: •   A consumer (the "lessee") arranges with a XXXXX automobile dealership (the "dealership") located in XXXXX to lease a new vehicle from XXXXX leasing (the "lessor"). ... The supply of the leased vehicle to the lessee is subject to tax on the full consideration notwithstanding the trade-in amount and the outstanding loan. ...