Search - consideration

The consideration for the supply made by the Society to the signatory of the Sponsor Agreement includes both cash and value-in-kind. ... You would also like to know if the goods and services provided to the Society as consideration for the rights, privileges, options and opportunities supplied at the XXXXX Sponsor levels XXXXX are deemed to be a supply for GST/HST purposes. ... The deeming provision in section 135 only applies to supplies made by the Society; it does not apply to any supplies of goods and services provided to the Society as consideration for the Society's supply of the rights, privileges, options and opportunities described in paragraphs 6 to 10. ...

Under this provision, when a registrant accepts, in full or partial consideration for a supply of a property or service, a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of, or a discount on, the price of the property or service and subsection 181(2) does not apply in respect of the coupon, the value of the consideration for the supply is deemed to be the amount, if any, by which the value of the consideration for the supply exceeds the discount or exchange value of the coupon. As a result, when the Vouchers were redeemed at XXXXX stores for XXXXXequipment, they should have been treated as a reduction of consideration for GST purposes. ...

In particular, pursuant to subsection 164.1(2), where, in the course of operating a feedlot that is a farming business within the meaning of the Income Tax Act, a person makes a supply of a service and the consideration for the supply (in this subsection referred to as the "total charge") includes a particular amount that is identified in the invoice or agreement in writing for the supply as being attributable to feed, (a) the provision of the feed shall be deemed to be a supply separate from the supply of the service and not to be incidental to the provision of any other property or service; (b) the portion, not exceeding 90%, of the total charge that is reasonably attributable to the feed and is included in the particular amount shall be deemed to be the consideration for the supply of the feed; and (c) the difference between the total charge and the consideration for the supply of the feed shall be deemed to be the consideration for the supply of the service. ...

You have provided the following documents for our consideration: 1. A lease between [...] ... This additional rent forms part of the total consideration paid in respect of the supply of the real property. ... The base rent and additional rent paid by the Corporation for the utilities is consideration for a single supply of real property. ...

Your letter, in which you request a review of the ruling issued XXXXX regarding GST paid in respect of your stay at XXXXX (the "Hotel") XXXXX, was forwarded to the Excise and GST/HST Rulings Directorate for consideration. ... However, as noted above, paragraph 6(b) of Part I of Schedule V provides that the supply of a residential unit by way of lease, licence or similar arrangement for occupancy as a place of residence or lodging by an individual is exempt provided the consideration does not exceed $20 for each day of occupancy. ... Given that the consideration for the room rental does not exceed $20 for each day of occupancy, the supply by the Hotel of the room in question is an exempt supply under paragraph 6(b) of Part I of Schedule V. ...

Generally, a particular property or service is acquired for consumption, use or supply in the course of an employer's activities where the employer is the person liable to pay the consideration for the supply under the agreement for the supply. ... The employer is not considered to have acquired the property or service for consumption use or supply in the course of its commercial activities and is not entitled to an input tax credit in respect of the tax paid on the consideration for the supply. ... Where an employer acquires property or services for the benefit of the pension plan trust, pays for the supply and is reimbursed by the trust, the reimbursement is generally not consideration for a supply and is not subject to GST/HST. ...

An amount paid or payable by an organization (such as the Society, or a third party) to an NPO will meet these requirements if the amount is readily ascertainable and the following conditions are met: 1) If the amount of money were paid by the grantor directly to an NPO for the same purpose the amount was paid by the organization to the NPO, it would have been: a) provided to financially assist the NPO in carrying out its purpose and not as consideration for supplies made by the NPO, or b) provided as consideration for exempt supplies made to other persons (i.e., a person other than the organization who paid the amount to the NPO); 2) The amount originates from a grantor and does not pass through more than two funding organizations; and 3) The organization paying the amount to the NPO certifies that the amount has met all the requirements of the definition of government funding. ... In these Regulations, government funding "government funding" of a particular person means (a) an amount of money (including a forgivable loan but not including any other loan or a refund, rebate or remission of, or credit in respect of, taxes, duties or fees imposed under any statute) that is readily ascertainable and is paid or payable to the particular person by a grantor (i) for the purpose of financially assisting the particular person in carrying out the purposes of the particular person and not as consideration for supplies made by the particular person, or (ii) as consideration for making property or services available for consumption or use by other persons (other than the grantor, individuals who are officers, employees, shareholders or members of the grantor, or persons related to the grantor or to such individuals), where supplies of the property or services made by the particular person to such other persons are exempt supplies, and (b) an amount of money paid or payable to the particular person by an organization (in this paragraph referred to as the "intermediary") that received the amount from a grantor or by another organization that received the amount from an intermediary, where (i) in the case of an amount that, after 1990, becomes payable or is paid to the particular person, the intermediary or the other organization, as the case may be, provides to the particular person, at the time the amount is paid to the particular person, a certificate in a form prescribed by the Minister certifying that the amount is government funding, and (ii) the amount would be government funding of the particular person because of paragraph (a) if the amount were paid by the grantor directly to the particular person for the same purpose as it was paid to the particular person by the intermediary or the other organization, as the case may be, and if the reference to "grantor" in subparagraph (a)(ii) included a reference to that intermediary or other organization, as the case may be; grantor "grantor" means (a) a government or municipality, other than a corporation all or substantially all of whose activities are commercial activities or the supply of financial services or any combination thereof, (b) a corporation that is controlled by a government or by a municipality and one of the main purposes of which is to fund charitable or non-profit endeavours, (c) a trust, board, commission or other body that is established by a government, municipality or corporation described in paragraph (b) and one of the main purposes of which is to fund charitable or non-profit endeavours, and (d) a band of Indians within the meaning of any Act of Parliament; 2007/05/11 — RITS 77586 — Supplies of Approvals for Subdivision and Other Services ...

On this basis the levies are viewed as consideration for these supplies, even though there may be no discernable benefit for any particular consignee. ... Whether the purchasers' levy is collected by XXXXX on behalf of the XXXXX or is consideration for a supply provided to XXXXX the amount received by XXXXX is subject to GST/HST. A non-profit organization (and its associates) does not have to register for GST/HST purposes if the total consideration for taxable supplies other than sales of capital property in the preceding year (or in a particular calendar quarter) does not exceed $50,000. ...

Under subsection 232(2), a supplier may adjust GST charged on a supply to reflect a reduction in consideration. ... Section 165(1) of the Excise Tax Act (ETA) states that: "Subject to this Part, every recipient of a taxable supply made in Canada shall pay to her Majesty in right of Canada tax in respect of the supply calculated at a rate of 7% on the value of the consideration for the supply. ... XXXXX are not prescribed taxes for the purposes of section 154 of the Excise Tax Act and thus form part of the consideration upon which the GST is to be calculated. ...

Councils under XXXXX of the (MOU) are provided for no consideration. Ruling Requested Are the supplies made by the XXXXX to the Councils pursuant to the MOU exempt from the GST/HST under section 1 of Part V.1 of Schedule V? ... For example, section 5 of Part V.1 exempts a supply where "all or substantially all of the supplies...are made for no consideration." ... " (XXXXX appears to recognize that the use of trademarks is supplied under the terms of the MOU, but that such use is "provided for no consideration.") ...