Search - consideration

EXPLANATION Where a person makes a payment to another person, it must be determined whether that payment is consideration for a supply of property or services made by the other person. Generally, payments will not be regarded as consideration for a supply where the payments are not directly linked to any supply of property or service. ... The payment of amounts as an industry development fee set by [the Organization] are therefore not consideration for a supply and therefore not subject to GST/HST. ...

RULING REQUESTED You requested a ruling on whether the Fee received by the Dealer from the Lenders is consideration for an exempt supply of a financial service. ... The Fee payable by Lender 1, Lender 3, or Lender 4 to the Dealer under their respective Dealer Agreements for the assignment of the specific Contract […] forms part of the consideration payable for the exempt supply, that is the assignment of the Contract, and, therefore, the Dealer is not required to collect GST/HST on the Fee. ... A fee received by the Dealer from a lender for the assignment of a conditional sales contract or credit agreement forms part of the consideration received for the assignment of the contract, and therefore would not be subject to the GST/HST as the assignment of the contract is an exempt supply. ...

The calculation excludes consideration attributable to the sale of goodwill of a business, supplies of financial services, and supplies by way of sale of capital property. However, a non-profit organization ceases to be a small supplier at any time in a calendar quarter if the total value of the consideration that becomes due, or is paid without becoming due, in that quarter for world-wide taxable supplies made by the person, or an associate of the person at the beginning of the calendar quarter, exceeds $50,000. The person ceases to be a small supplier immediately before the consideration becomes due or is paid for the particular taxable supply that puts the person over the $50,000 small supplier threshold. ...

For purposes of the RITC requirement, consideration for a single supply of specified energy will include the consideration attributable to transportation services and fees (e.g., delivery charges or regulatory fees) that are incidental to the supply of energy itself. Conversely, consideration for a supply of specified energy will generally not include consideration for transportation services that are not incidental to the supply of energy itself. ...

For this transaction, [ACo] will remit to the [Vendor] $32.90 ($29.46 + $3.44), hence, not taking the 50% discount into consideration- less the agreed Order Fee (e.g., depending on the Plan- […]%, […]% or […]% of $29.46). 9. ... Section 181 does not apply to the discount coupon presented by the customer as it is not accepted by [ACo] in full or partial consideration for a supply it provides to the customer. ... If the supply of these activities by [ACo] constitutes a taxable supply, [ACo] as a registrant, would be required to charge, collect and remit HST on amounts retained as consideration for the supply of its services (e.g., Order Fees and Processing Fees). ...

Since XXXXX, you have been charging GST on your supplies of services for which the consideration is a finder's fee. 15. ... Ruling Given Based on the facts set out above, we rule that the supply of your services to an issuer of a private placement offering for which the consideration is a finder's fee is taxable for purposes of the GST/HST. ... In order to determine the tax status of a particular supply, it is necessary to consider what the supplier provided for the consideration received. ...

Ruling Requested You would like to know whether the quarterly fee charged by [the Company] to the [Corporations] under the Agreement is consideration for the supply of a financial service. Ruling Given Based on the facts set out above, we rule that the portion of the fee that relates to consideration for the supply of Insurance [...] ... Services and a separate supply of property to the [Corporations] for which a single consideration is charged. ...

The additional amount charged to you by the Corporation in respect of your share of the municipal property taxes for your unit is additional consideration for that supply and is also subject to tax. ... In determining whether a particular recreational unit is affixed to the land for purposes of subparagraph 7(a)(i) of Part I of Schedule V to the ETA, consideration is given to the method and degree of physical attachment of the unit to the land, as well as the purpose for which the unit has been attached to the land. ... Where a separate amount is paid by a lessee on account of property taxes assessed against the property owner, this amount is part of the consideration for the rental of the property, even if the lessee pays the amount directly to the municipality. ...

The additional amount charged to you by the Corporation in respect of your share of the municipal property taxes for your unit is additional consideration for that supply and is also subject to tax. ... In determining whether a particular recreational unit is affixed to the land for purposes of subparagraph 7(a)(i) of Part I of Schedule V to the ETA, consideration is given to the method and degree of physical attachment of the unit to the land, as well as the purpose for which the unit has been attached to the land. ... Where a separate amount is paid by a lessee on account of property taxes assessed against the property owner, this amount is part of the consideration for the rental of the property, even if the lessee pays the amount directly to the municipality. ...

The additional amount charged to you by the Corporation in respect of your share of the municipal property taxes for your unit is additional consideration for that supply and is also subject to tax. ... In determining whether a particular recreational unit is affixed to the land for purposes of subparagraph 7(a)(i) of Part I of Schedule V to the ETA, consideration is given to the method and degree of physical attachment of the unit to the land, as well as the purpose for which the unit has been attached to the land. ... Where a separate amount is paid by a lessee on account of property taxes assessed against the property owner, this amount is part of the consideration for the rental of the property, even if the lessee pays the amount directly to the municipality. ...