Search - consideration

The terms "foreign convention" and "convention" are defined in subsection 123(1): A "foreign convention" means a convention (a) at least 75% of the admissions to which are, at the time the sponsor of the convention determines the amount to be charged as consideration therefor, reasonably expected to be supplied to non-resident persons, and (b) the sponsor of which is an organization whose head office is situated outside Canada or, where the organization has no head office, the member, or majority of members, of which having management and control of the organization is or are non-resident. ...

Interpretation Given Under section 165, a taxable supply of a service made in Canada is subject to tax at the GST rate of 5% (HST rate of 13% when made in a participating province: Nova Scotia, New Brunswick, or Newfoundland and Labrador) on the value of the consideration for the supply unless the supply is zero-rated (taxed at 0%). ...

We have also given consideration to Paragraph 23(8)(c) of the ETA, which provides for the non payment of excise tax in the case of "diesel fuel for use in the generation of electricity, except where the electricity so generated is used primarily in the operation of a vehicle. ...

You would not be entitled to claim the GST/HST new housing rebate in respect of the GST paid to acquire the condominium unit as the consideration payable for the unit is over $450,000. ...

Interpretation Requested You would like to know how to treat the supply of a gift set sold for a single consideration for purposes of the POS rebate where some items, when supplied separately, qualify for the POS rebate on children's clothing and others do not. ...

Ruling Given Based on the facts set out above, we rule that the amount identified as commission on the settlement statement is not consideration for a taxable supply and not subject to tax. ...

Pursuant to subsection 188(2), "Where, in the course of an activity that involves the organization, promotion, hosting or other staging of a competitive event, a person gives a prize to a competitor in the event, (a) the giving of the prize shall be deemed, for the purposes of this Part, not to be a supply; (b) the prize shall be deemed, for the purposes of this Part, not to be consideration for a supply by the competitor to the person; and (c) tax payable by the person in respect of any property given as the prize shall not be included in determining any input tax credit of the person for any reporting period. ...

Pursuant to subsection 188(2), "Where, in the course of an activity that involves the organization, promotion, hosting or other staging of a competitive event, a person gives a prize to a competitor in the event, (a) the giving of the prize shall be deemed, for the purposes of this Part, not to be a supply; (b) the prize shall be deemed, for the purposes of this Part, not to be consideration for a supply by the competitor to the person; and (c) tax payable by the person in respect of any property given as the prize shall not be included in determining any input tax credit of the person for any reporting period. ...

Section 156(2) permits a specified member of a qualifying group to make an election with another specified member of the group, so that every taxable supply that is acquired by the recipient of a supply from the other corporation for use exclusively in the course of commercial activities (other than a sale of real property) is deemed to have been made for no consideration. ...

Explanation Section 165 of the Excise Tax Act (ETA) requires that every recipient of a taxable supply (other than zero-rated) made in Canada shall pay GST at 7% on the value of the consideration for that supply. ...