Search - consideration

The rebate amount is not a reduction in the consideration charged by the supplier for the supply of electricity. The supplier retains the full amount of the consideration charged in respect of the supply. ...

RULING GIVEN Based on the facts set out above, we rule that the [fee] charged by the County for [charging sessions] is consideration for a taxable supply and subject to the HST. EXPLANATION Generally, every recipient of a taxable supply (other than a zero-rated supply) made in Ontario is required to pay HST at the rate of 13% on the value of the consideration for the supply pursuant to subsections 165(1) and 165(2). ...

A gift certificate is a device (e.g. voucher, receipt, ticket): • that usually has a monetary value or is for a supply of property or service, • that can be redeemed on the purchase of property or a service from a particular supplier; i.e. the supplier agrees to accept the device as consideration, or a part thereof, towards the purchase of property or a service, • for which consideration was given, and • that has no intrinsic value. ...

EXPLANATION Generally, in accordance with section 165, every recipient of a taxable supply made in Canada is required to pay GST/HST on the value of the consideration for the supply, unless the supply is zero-rated (listed in Schedule VI to the ETA and subject to the GST/HST at the rate of 0%) or exempt (listed in Schedule V to the ETA and not subject to the GST/HST). ... Consideration of all factors yields the determination that the Product is a snack food similar to those listed in paragraph 1(f) of Part III of Schedule VI to the ETA. ...

Product 1 consists of a teapot, XXXXX teacups XXXXX tea packaged together XXXXX and sold for a single consideration. ... Explanation Generally, every recipient of a taxable supply made in Canada shall pay tax calculated at the rate of 5% on the value of the consideration for the supply (13% in the participating provinces of Nova Scotia, New Brunswick, and Newfoundland and Labrador) unless the supply is zero-rated, pursuant to subsection 165(3). ...

Memberships that provide these rights can remain exempt where the value of the right to participate in a recreational or athletic activity, or use facilities, at a place of amusement is insignificant in relation to the consideration for the membership. ... Therefore the value of these rights is equal to the consideration paid for the membership. ...

Following the severance, of the remaining XXXXX acres, XXXXX acres are forest and XXXXX acres continue to be supplied by way of lease by the Vendor to XXXXX for consideration just to cover property taxes. 8. ... The supply of real property by way of lease, licence or similar arrangement for consideration equal to the maintenance costs of the property would generally not be viewed as an activity undertaken by an individual with a reasonable expectation of profit. ...

For HST purposes, your sale of the subject XXXXX is a sale independent of your bad debt of $XXXXX, and you will account for HST at the rate of 13% calculated on the consideration of $XXXXX. ... It is subject to HST at 13% based on the consideration of $XXXXX under section 165. 3. ...

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 on the value of the consideration for the supply. ...

Explanation Generally, every recipient of a taxable supply made in Canada shall pay tax calculated at the rate of 5% on the value of the consideration for the supply (13% in the participating provinces of Nova Scotia, New Brunswick, and Newfoundland and Labrador) unless the supply is zero-rated. ... Although we consider product placement as a relevant consideration, it alone is not considered a determinative factor. ...