Search - consideration

Explanation Every recipient of a taxable supply made in Canada is required to pay tax in respect of the supply on the value of the consideration for the supply. ... For these reasons, the assessments paid by those members to XXXXX are consideration for the supply of the membership. ...

With respect to consideration, XXXXX provides that the Investor agrees to purchase the Mortgages on a fully-serviced basis. ... Ruling Given Based on the facts set out above, we rule that the fees described in XXXXX the Agreement, payable by the Investor to the Seller, are consideration for a supply of a financial service. ...

Since there are no exempting provisions that apply to the sale of subscriptions, this supply will be taxable at the rate of 7% (15% in participating provinces) on the value of the consideration for the subscription. ... "Government funding" means an amount of money that is readily measurable and is paid or payable to a non-profit organization by a grantor (e.g. government or municipality) for the purpose of: (i) financially assisting the organization in carrying out its objectives and not as consideration for supplies made by the organization, or (ii) payment for exempt supplies of property or services provided to persons other than the grantor or a person related to the grantor. ...

Explanation An amount reimbursed to DND pursuant to QR&O, Chapter 38, by an officer or man who is found liable under the regulations for damage or loss does not constitute consideration for a taxable supply. ... It is not viewed as consideration for a taxable supply, and thus no GST/HST is applicable. ...

Section 9 of this Part also exempts the supply of goods and services where, and to the extent that, the consideration for the good or service is reimbursed by a provincial health insurance plan. ... Therefore, the portion of the dentists' fees that XXXXX retains is consideration paid by the dentists for the supply of this management service. ...

Based on the facts set out above, we also rule that the GST/HST becomes payable on the day that the consideration is paid by the customer to Co. ... Based on the facts set out above, we also rule that the GST/HST becomes payable in respect of the renewal of the subscription to the update service on the day that the consideration is paid by the customer to Co. ...

In the circumstances, where the intangible personal property relates in part to real property situated in Canada and in part to real property situated outside Canada, it is the position of the Canada Customs and Revenue Agency that the GST/HST will apply only to the extent that the intangible personal property relates to real property in Canada at the time consideration for the intangible personal property becomes due. Accordingly, it will be necessary to determine the proportion of the supply that is deemed to be made in Canada at the time consideration for the supply becomes payable. ...

This section generally provides that an early payment discount does not reduce the value of the consideration for a supply of tangible personal property or services for purposes of calculating the GST/HST payable and collectible. ... Subsection 232(3) is applicable where a supplier chooses to adjust, refund or credit tax where the tax has been erroneously charged or collected or where the consideration for a supply upon which tax has been charged or collected has been subsequently reduced (for example in the case of volume discounts). ...

RULING GIVEN Based on the facts set out above, we rule that the rental fees for the Site where your mini-home was situated are consideration for a supply of land that is exempt of the GST/HST under subparagraph 7(a)(i) of Part I of Schedule V to the ETA. ... Whether a particular unit has the same permanent residential characteristics as a house such that it is considered to be a "residential unit", is affixed to the land, and is used as a place of residence for individuals is determined on a case-by-case basis taking into consideration the facts and circumstances of the particular case. ...

Generally, the threshold amount is the total of all amounts, each of which is an amount that is, or that could reasonably be expected to be, the value of the consideration for a taxable supply that is, or that could reasonably be expected to be, a qualifying tangible personal property supply made during that period by the person to a specified recipient, excluding the value of consideration for a qualifying tangible personal property supply made by the person through a specified distribution platform during the period. ...