Search - consideration

Ruling Given Based on the facts set out above, we rule that the accommodation tax imposed via XXXXX, effective XXXXX, of the City of XXXXX under the authority of XXXXX (a) is a "provincial levy" for purposes of section 154 of the ETA, and (b) is not a "prescribed provincial levy" enumerated in the Taxes, Duties and Fees (GST/HST) Regulations for purposes of section 154 of the ETA to be excluded from consideration for GST purposes- i.e. the accommodation tax is part of the consideration for the supply of the accommodation upon which GST is calculated. ... Accordingly, the accommodation tax imposed via the by-law under the authority of XXXXX is part of the consideration for GST purposes for the supply of the short-term accommodation. Generally, the supply of short-term accommodation is a taxable supply; the value of consideration upon which GST applies and is calculated is increased accordingly by the value of the accommodation tax. ...

In our letter of July 7, 1999, to the Board we indicated that the $1/XXXXX was consideration for an exempt supply of a licence in accordance with paragraph 20(c) of Part VI of Schedule V to the Excise Tax Act (ETA). 11. ... The buyer (i.e. the agent of the Board) deducts from the consideration payable to the producer, the licence fee and remits the fee to the Board on behalf of the Producer. ... As in the above scenario, buyers are required to deduct from the consideration payable to the producers in respect of the supply of the XXXXX, a licence fee. ...

In this case, 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 $30,000 threshold. Both of these calculations exclude consideration attributable to the sale of goodwill of a business, supplies of financial services, and supplies by way of sale of capital property. ... Please note that if the total consideration paid by XXXXX to XXXXX XXXXX, including the portion of the consideration that XXXXX XXXXX will pay to the medical transcribers, for the transcription services performed in whole or in part in Canada by XXXXX exceeds $30,000 Canadian in any four consecutive calendar quarters or in any one calendar quarter, XXXXX will be required to register for GST/HST purposes. ...

The Installments paid by [the Investor] are consideration for an exempt supply of a financial service made by Corporation 2 to [the Investor]. ... The consideration for this supply is the Royalty Acquisition Amount paid by [the Investor] to Corporation 1. ... The consideration for this supply consists of the Installments paid by [the Investor] to Corporation 2. ...

. • that can be redeemed on the purchase of property or a service from a particular supplier; that is, the supplier agrees to accept the device as consideration, or a part hereof, in respect of the purchase of property or a service, • for which consideration is given, and • that has no intrinsic value. ... This subsection provides that where a coupon is accepted by a registrant vendor, 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 as otherwise determined exceeds the discount or exchange value of the coupon. ... This quotient is then multiplied by the "specified amount", the product of which is multiplied by the consideration fraction, 100/105. ...

The consideration for this service includes the Fee charged to the Interest Holders and an amount equal to the yearly fees paid by the Lessees that it collects on behalf of the Interest Holders and retains as consideration for its management service. ... The consideration for the supply includes the Fee charged to the Interest Holders. The consideration for the supply also includes an amount equal to the yearly fees paid by the Lessees that the Owners' Association collects on behalf of the Interest Holders and retains as consideration for its management service. ...

Ownership of XXXXX was transferred from XXXXX, as transferors, to XXXXX, as transferees and joint tenants, for the total consideration of $XXXXX. ...

Section 6 of Part VI of Schedule V of the ETA provides an exemption where the consideration for a supply is equal to or less than its direct cost. ... Generally, the "licensing" of a trademark to members would be regarded as the supply of intangible personal property, and since there is no apparent exemption for it, the consideration for the supply would be subject to tax. ... GST/HST is not applicable to the receiptable donations to the XXXXX that you have described, since gifts at law are not viewed as consideration for a supply. ...

Generally, this supply is made for a single consideration. An orthodontist may also make multiple supplies consisting of an exempt consultative, diagnostic, treatment or other health care service rendered to an individual and a zero-rated (taxable at 0%) supply of an orthodontic appliance. ... Generally, this is indicated where consideration for the zero-rated supply of the orthodontic appliance is identified separately from the consideration for the exempt supply of the orthodontist's services. ... For administrative purposes, the Canada Revenue Agency ("CRA") accepts that orthodontists who claim input tax credits on a periodic basis can use an estimate of 35% of the cost to the patient of the orthodontic treatment to represent the 'consideration' for the supply of the orthodontic appliance. ...

The general rule is that tax is payable by the recipient on the earlier of the day that consideration for a taxable supply is paid or the day that consideration becomes due. Subsection 152(1) deems consideration for a taxable supply to become due on the earliest of the following days: (a) the day that the supplier first issues an invoice in respect of the supply; (b) the day of the invoice; (c) the day when, but for an undue delay, the supplier would have issued an invoice in respect of the supply; and (d) the day that consideration is due pursuant to an agreement in writing. ...