Search - consideration

Pursuant to paragraph 153(1)(a), where the consideration or a part thereof is expressed in money, the value of the consideration or part is deemed to be that amount of money. Pursuant to subsection 168(2), where the consideration for a taxable supply is due on more than one day, tax is payable on each day on each part of the consideration that is paid or becomes due on that day. ... Pursuant to subsection 168(2), where the consideration is payable on more than one day, tax is payable on each part of the consideration on the day that part is paid or becomes due. ...

However, paragraph 254.1(2)(h) (and paragraph 254.1(2)(i) by reference to "total consideration", as defined in paragraph 254.1(2)(h)) expressly excludes from the calculation consideration that can reasonably be regarded as rent for the supplies of land or as consideration for the supply of an option to purchase the land. ... Accordingly, that part of the consideration for the supply of the buildings which should be allocated to the development costs of the land is considered to be consideration for the supply of the land. As the land is being supplied by way of lease, it would be reasonable to regard that consideration to be lump-sum additional rent. ...

Is the consideration referred to in section 192 to be included in determining whether a person has exceeded the small supplier threshold under subsection 148(1) or 148(2)? ... The consideration for the taxable supply deemed to have been made under section 192 is not included in determining whether a person is a small supplier under subsection 148(1) or 148(2). ... Therefore, because the deemed consideration under section 192 was not due or paid and did not become due to the person, when making the small supplier calculation in either subsection 148(1) or 148(2), no amount determined as consideration under section 192 for purposes of applying that section should be included. ...

Generally, where property or services are given as consideration in exchange for other property or services, the value of the consideration for one is the fair market value of the other. ... If a portion of the consideration given by the farmor to the farmee is monetary, tax on the farmee's contribution is calculated on that consideration. ... The consideration for the farmor's additional contribution and the consideration for the service deemed to have been supplied by the farmee are deemed to become due at the time of the transfer. ...

(the "Supplier") makes supplies for which the consideration is expressed in foreign currency; 2. ... On the invoice, the consideration for the supply is expressed in foreign currency. ... No invoices are issued at this time, and no consideration is paid by the recipients in respect of the supplies at this time; 12. ...

Subsection 168(1) of the ETA provides that tax in respect of a taxable supply is payable by the recipient on the earlier of the day the consideration for the supply is paid and the day the consideration for the supply becomes due. ... The customer paid the consideration for the lease interval on June 25, 2006. ... Pursuant to subsection 152(2) of the ETA, the consideration, in this case, is due on July 1, 2006. ...

Under section 139 if there is a single consideration for the supply of a financial service and another service the consideration for which would be less than 50% of the value of the financial service, then the entire supply is deemed to be a supply of a financial service. ... XXXXX Review and Analysis XXXXX However, to fall within the ambit of section 139 or 138 of the Act, the sale XXXXX and the accompanying servicing function must be for a single consideration in order to qualify for the same tax status i.e. exempt. XXXXX In conclusion, there is a separate consideration for the servicing XXXXX precluding the application of sections 138 or 139. ...

In that situation the depot pays consideration for acquiring empty containers that is more than the total of consideration and tax that the depot charges for supplying empty containers. ... In that situation the depot charges consideration for supplying empty containers that is less than the consideration that the depot pays for acquiring empty containers. ... Since $2,100 represents 7/107 of the consideration for the acquisition, the consideration for the acquisition is equal to $2,100 x 107/7i7, i.e., $32,100. ...

The general timing of liability rule, under subsection 168(1) of the Excise Tax Act (ETA), is that tax is payable by the recipient of a taxable supply on the earlier of the day the consideration for the supply is paid and the day that consideration for the supply becomes due. ... Under subsection 152(1) of the ETA, consideration, or a part thereof, for a taxable supply, is deemed to become due on the earliest of the following days: •   the day the supplier first issues an invoice in respect of the supply for that consideration or part; •   the date of that invoice; •   the day the supplier would have, but for an undue delay, issued an invoice in respect of the supply for that consideration or part; and •   the day the recipient is required to pay that consideration or part to the supplier pursuant to an agreement in writing. ... The issuance of an invoice in these situations will not cause consideration to become due. ...

The licence fee paid to the provincial government is consideration for a separate supply of an exempt licence. ... Nor is it consideration for an exempt supply to the Lessee. While it is separately identified under the lease, it is still part of the consideration for the supply of the leased vehicle. ... Both amounts are part of the consideration for the supply of the vehicle by way of lease. ...