Search - consideration

EXPLANATION Pursuant to subsection 165(1), every recipient of a taxable supply made in Canada shall pay tax in respect of the supply calculated at the rate of 5% on the value of the consideration for the supply. Pursuant to subsection 165(2), every recipient of a taxable supply made in a participating province shall pay in addition to the tax imposed by subsection 165(1), tax in respect of the supply calculated at the rate of tax for that province (Ontario 8%) on the value of the consideration for the supply. ... The rebate is not a reduction in consideration for the supply of electricity, nor is it a reduction to the HST payable in respect of the supply of electricity.   ...

Statement of Facts From the information in XXXXX and from the information available on the XXXXX website referred to in your message, we understand the facts of your case are as follows: 1) You purchased the subject gift pack and you were charged GST. 2) The subject pack, listed at a consideration of $XXXXX, includes the following: (a) XXXXX certificates, valid from XXXXX to XXXXX. ... The supply is considered to be one of coupons made for consideration. ... Only when coupons are supplied for no consideration are they free of GST at the time of issue. ...

Certain provisions of the Lease are crossed out and have not been taken into consideration for purposes of this ruling. ... Explanation Every recipient of a taxable supply, other than a zero-rated supply (taxable at 0%), made in Canada is required to pay GST at the rate of 7% on the value of the consideration for the supply. ... Consequently, the interest charged by the Landlord is consideration for an exempt financial service and GST is not applicable to this amount. ...

Explanation A gift may be defined at common law as a voluntary transfer of property without consideration. ... On the basis of the above, it is our opinion that donations to XXXXX are gifts at law, rather than consideration for a supply. For your further information, since XXXXX is making taxable supplies for consideration (i.e., entry fees), it would be entitled to claim input tax credits for the GST incurred on expenses related to hosting the golf tournament. ...

Ruling Given Based on the facts set out above, we rule that: The levy paid by XXXXX  is consideration for a taxable supply and is thereby subject to GST/HST. ... Since there is no provision in the Excise Tax Act to exempt such a service, it is a taxable supply and an organization that is a GST registrant is required to collect GST/HST on the consideration paid or payable for such a supply. Levies paid to an organization by producers to fund the organization's mandate to provide such a service is regarded as consideration for the service notwithstanding that the activities of the organization may relate to the producers as a group. ...

Ruling Requested You have requested confirmation that the payments made by the Association do not constitute consideration for a supply. ... The payments made by the Association which reimburses XXXXX of certain costs incurred for business development, research and development and technology upgrading do not constitute consideration for a supply. 2. The payments made by the Association to XXXXX do constitute consideration for a taxable supply and are subject to the GST. ...

Ruling Given Based on the facts set out above, we rule that an amount of property tax that is assessed in accordance with XXXXX in the name of a lessee of City-owned real property and for which the lessee is liable to pay the tax directly to the City in respect of the property that would otherwise be exempt from taxation under XXXXX is not additional consideration in respect of the lease and is not subject to the GST. Explanation Whether an amount of property tax paid by a lessee of City-owned real property is subject to GST depends on whether the amount of that property tax is consideration for a taxable supply. ... As such, the property tax paid by the lessee is not consideration for the City's supply of the real property by way of lease and is, therefore, not subject to the GST. ...

You paid $[...] in GST to the Dealer in respect of the consideration paid for the vehicle; 3. ... Explanation The rules in section 232 of the ETA apply to a reduction in consideration permitting a supplier to make an adjustment, refund or credit of GST where consideration for a taxable supply is reduced by the supplier at some time after the tax has been charged or collected. As the Dealer has not adjusted the consideration paid for the supply of the vehicle, you are not entitled to a refund of GST under this provision. ...

XXXXX does not pay GST/HST on the consideration for taxable goods or services it acquires as it is part of the province XXXXX and is therefore immune from paying the GST/HST under the Constitution Act, 1867. ... If the XXXXX signs a service contract with a service provider and is the person liable to pay consideration for goods and services supplied by the provider, then XXXXX is the recipient of those supplies and not XXXXX. ... However, if XXXXX was also a party to the contract such that XXXXX was also liable to pay consideration for the goods and services provided, immunity from paying the GST/HST may apply. ...

The general rule is that tax is payable by the recipient on the earlier of the day that consideration for a taxable supply is paid or the day that consideration becomes due. Subsection 152(1) deems consideration for a taxable supply to become due on the earliest of the following days: (a) the day that the supplier first issues an invoice in respect of the supply; (b) the day of the invoice; (c) the day when, but for an undue delay, the supplier would have issued an invoice in respect of the supply; and (d) the day that consideration is due pursuant to an agreement in writing. ...