Search - consideration

Upon further consideration, the previous ruling issued to you is hereby revoked and replaced with this ruling effective XXXXX. ... Explanation Generally, 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 the GST rate of 5% or the HST rate of 13% on the value of the consideration for the supply. ...

Pursuant to subsection 162(2) of the ETA, the supply of the right is deemed not to be a supply and the consideration paid in respect of that right is deemed not to be consideration for the right. ...

You asked about the application of subsection 186(1) to inputs used by a holding company partially for making supplies of administrative services for consideration. ... If a holding company consumes or uses property or a service partially for a purpose other than making taxable supplies for consideration and other than with respect to an investment in the shares or indebtedness of a related company, no ITC would be available with respect to that portion of the inputs. ...

The ETA also provides that if a person makes a taxable supply and the consideration for the supply becomes due, or is paid before it becomes due, at a time when the person is a small supplier who is not a GST/HST registrant, that consideration is not subject to tax, with certain limited exceptions. ...

If under the agreement for the supply of a business, the consideration for the sale of all the assets (including intangible personal property) of the business includes payments based on future sales of certain products, and if the section 167 election applies to the supply, that consideration may not be subject to GST under section 167. ...

Ruling Given Based on the facts set out above, we rule that the supplies of real property made under the above lease and sub-lease agreements are taxable supplies where the consideration for the supplies becomes due after March 9, 2004. ... This amendment applies to any supply for which consideration becomes due after March 9, 2004, or was paid after that day without having become due. ...

Ruling Requested Is the payment of a contract subsidy from XXXXX consideration for a supply and, therefore, subject to the GST. Ruling Given Based on the facts set out above, we rule that the contract subsidy from XXXXX is not consideration for a supply and, therefore, not subject to the GST. ...

XXXXX radios are then exported to 3rd world countries and are distributed to mostly illiterate groups for no consideration. ... Furthermore, section 5 of part V.1 of Schedule V to the ETA exempts a supply made by a charity of a property or service for no consideration. ...

The collector either collects the outstanding amount of consideration and tax in full, plus the $XXXXX account handling charge and $XXXXX in GST with respect to that charge, or XXXXX and initiates collection action for those amounts. 5. ... Explanation The account handling charge is not consideration for a supply, and is not specifically a late payment penalty that would fall under section 161 of the ETA. ...

. •   Currently, the XXXXX is provided for no consideration, but the deceased's representative is asked to donate any amount to help defray the total cost of providing this service. ... Ruling Requested Whether XXXXX services performed by the volunteers of the charity for little or no consideration (equal to or less than the estimated total cost of supply) is exempt under section 1 of Part V.1 of Schedule V to the Excise Tax Act (ETA). ...