Search - consideration

(access to books) Expenses incurred by a supplier, where there is no agency relationship between the supplier and the client, that are reimbursed by the client, form part of the consideration for the services supplied to the client. ... However, it appears that the disbursements incurred in performing the services described in items 1 (Full Searches) and 2 (Subsearches) are taxable at the standard rate of 7% GST or 15% HST as part of the consideration. ...

Furthermore, since the invoices are evidence of one's liability for the consideration and the related GST, this liability would rest with the insurer since it is the insurer who agreed to pay the consideration for the service. ...

" The Retail Sales Act of Ontario defines 'commercial parking space' XXXXX subsection 1(1): "means a space, including a space on a street or highway, used for the parking of motor vehicles for which a price is paid or a charge made". xx The British Columbia Social Service Tax Act defines 'parking site' as "any location within a prescribed geographic area in the Province, at which a motor vehicle may, for a price or other consideration, be parked for a period of time of any length. ... The only other place that the term is used in connection with the ETA is in the Disclosure of Goods and Services Tax Regulations: "(3) In the case of a supply of a parking space for which the consideration is paid by depositing coins in a parking meter, the prescribed manner is either the manner set out in subsection (1) or giving public notice that the price for the supply includes the tax. ...

The consideration for the use and occupancy of the unit is split between a lump-sum payment for the use and occupancy of the "suite" and a periodic (annual) payment for the use and occupancy of the related land and common areas. ... As a result, both the lump-sum payment and the annual payment for the use and occupancy of the residential condominium unit represent consideration for a supply which is exempt from GST. ...

The proposed amendment (applies to supplies for which the consideration is due after June 30, 1996) to this paragraph however deletes the "primarily for consumption, use or enjoyment in Canada" restriction. ... A consideration of section 274 application can be made only on a particular transaction in a specific case based on an examination of all the facts surrounding the transaction. iii) The supply still qualifies as a zero rated supply even if Company B and Company D were related to each other. iv) Whether Company D is a GST registrant does not change the application of section 7, Part V, Schedule VI to the Act. ...

The legislation is very specific in that the rebate must be substantiated by a receipt for an amount that includes consideration totalling at least $50.00 for goods for which the person is eligible for a rebate. ... Under the provisions of subsection 165(1) of the Act, the person who leased the vehicle was required to pay the tax equal to 7% of the consideration of the supply for all lease payments. ...

Our Policy Statement #P[-]218 states that, where a damage settlement payment does not fit under subsection 182(1) of the ETA, it is not consideration for a supply unless the person making the payment receives property or a service in exchange. ... Nor would a damage payment likely be seen as a reduction in consideration that could fall under subsection 232(2) of the ETA, since the property at issue appears to be imported, and subsection 232(2) only applies to tax under Division II. ...

Response •   The provision of the engineering service is not within the ambit of subsection 162(1) and is therefor a taxable supply; •   The time of supply is deemed to be at the time the contract is entered into; •   Tax is due at the earlier of the day the consideration is paid or becomes due; •   The provision of subsection 168(2) is operative such that tax becomes payable on each payment. ... Subsection 168(2) applies to the situation and tax is due at the earlier of the day the consideration is paid or becomes due. ...

. •   XXXXX has been claiming input tax credits equal to XXXXX of the tax paid on the value of the consideration for the meal vouchers. Headquarters Interpretation We concur that XXXXX would be entitled to claim input tax credits with respect to the GST/HST paid on the value of the consideration for the meal vouchers provided to their passengers, subject to the requirements and restrictions with respect to input tax credits. ...

Consequently, if a physician or practitioners order these diagnostic services, the consideration charged for the testing procedures is exempt of the GST/HST pursuant to section 10 of Part II of Schedule V to the ETA. For example, if the CMO of a Life Insurance company orders a laboratory, radiological or other diagnostic test for an individual, the consideration for the supply of this service is exempt whether billed to the individual patient, insurance company or other entity. ...