Search - consideration

A person is a small supplier during any particular calendar quarter and the following month if the total value of the consideration for world-wide taxable supplies, including zero-rated supplies, made by the person (or an associate of the person at the beginning of the particular calendar quarter) that became due, or was paid without becoming due, in the previous four calendar quarters does not exceed $30,000 or, where the person is a public service body, $50,000. ...

In describing the development proposal, XXXXX Amendment stated as follows: "Key planning considerations incidental to the proposed lot design include: •     maintain uniformity in the configuration of all proposed lots; •     providing equitable shoreline frontage and area for each of the proposed lots; •     maintaining the historic integrity of this waterfront estate development; •     ensuring acceptable setbacks to existing dwellings, accessory buildings/structures, well and septic services; •     ensuring that functional waterfront area and lake access are provided for each lot/dwelling... ...

However, if a qualifying magnifier and illuminated handle are sold together as a single unit for one consideration, the supply would be zero-rated under section 30 quoted above. ...

However, after the licencee builds a qualifying residential unit on his lot, subsection 136.1(1) of the Act deems the subsequent annual licence fee payment to be consideration for a separate supply, i.e. no longer a supply of vacant land, but a supply of a residential unit. ...

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 7% on the value of the consideration for the supply. ...

The XXXXX promotional material breaks down the consideration for the various components of the package. ...

Ruling Given Based on the facts set out above, we rule that the entire amount provided to XXXXX by XXXXX under the contribution agreement, is not consideration for a supply and is not subject to the GST/HST. ...

Upon review of the funding agreement, it is apparent that the contribution made by XXXXX to the Foundation is intended to assist the Foundation in the carrying out of its purpose, and is not consideration for a supply. ...

For public service bodies, supplies made for consideration that is less than the direct cost of the supply, are exempt. ...

., Nova Scotia, New Brunswick, Newfoundland and Labrador) on the value of the consideration for the supply unless the supply is zero-rated (taxed at 0%). ...