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GST M 300-7 "Value of Supply" under "Nil Consideration"-- summary under Subsection 153(1) Summary Under Tax Topics- Excise Tax Act- Section 153- Subsection 153(1) Where there is no consideration for an arm's length supply, the customer who receives the goods or services for free pays no GST. ...

GST M 300-7 "Value of Supply" under "Nil Consideration"-- summary under Subsection 169(1) Summary Under Tax Topics- Excise Tax Act- Section 169- Subsection 169(1) The deeming by s. 153(3) of a supply to be made for nil consideration does not alter the status of the supply as a taxable supply for other purposes, e.g., ITC purposes. ...

Income Tax Regulation News, Release No. 3, 30 January, 1995 under "Interest-Bearing Note issued in Consideration for the Redemption or Repurchase of Shares"-- summary under Paragraph 20(1)(c) Summary Under Tax Topics- Income Tax Act- Section 20- Subsection 20(1)- Paragraph 20(1)(c) Interest payable on a promissory note issued as consideration for the redemption or purchase for cancellation of a corporation's capital stock is not deductible under s. 20(1)(c) (nor would a deduction be available under draft s. 20.2(1)). ...

IT-239R2 "Deductibility of Capital Losses from Guaranteeing Loans for Inadequate Consideration and from Loaning Funds at less than a Reasonable Rate of Interest in Non-arm's Length Circumstances"-- summary under Subparagraph 40(2)(g)(ii) Summary Under Tax Topics- Income Tax Act- Section 40- Subsection 40(2)- Paragraph 40(2)(g)- Subparagraph 40(2)(g)(ii) 6. Where a taxpayer has loaned money at less than a reasonable rate of interest to a Canadian corporation of which he is a shareholder, or to its Canadian subsidiary, or has guaranteed the debts of such a corporation for inadequate consideration, any subsequent loss arising to him from the inability of the corporation to discharge its obligations to him, or from having to honour the guarantee, may be a deductible capital loss to him despite the absence of a reasonable rate of interest or adequate consideration. ...

28 October 2013 Ruling 144133-- summary under Consideration Summary Under Tax Topics- Excise Tax Act- Section 123- Subsection 123(1)- Consideration stewardship fees paid under Ontario waste diversion program are regulatory charges, not fees Pursuant to the Waste Diversion Act, 2002 (Ontario) (“WDA”), Waste Diversion Ontario (“WDO”), a non-share corporation, is responsible for operating waste diversion and recycling programs for designated wastes in cooperation with an industry funding organization (“IFO”) (i.e., Ontario Tire Stewardship (“OTS”) for used tires, Stewardship Ontario (“SO”) for municipal hazardous waste and Ontario Electronic Stewardship (“OES”) for used electrical and electronic equipment) and designates stewards (e.g., a company which imports the product into Ontario or which is the registered owner or licensee of the brand for the product) which it requires to pay fees to cover the costs of the particular waste diversion program, including the costs of the IFO of operating the program (e.g., collection, transportation and processing of waste), and of the related WDO and Ministry costs. In connection with ruling that the fees paid to OTS, OES and SO were not consideration for a supply (so that they could not claim input tax credits for HST on purchases of property or services in respect of the stewardship programs), CRA stated: [T]here is nothing within the WDA that makes stewards responsible for the implementation or operation of waste diversion programs or for the waste generated as a result of their products. ...

30 November 1991 Round Table (4M0462), Q. 3.3- Issuing of Shares: Consideration Less than the F.M.V. ... B) each holding one share, issues a third common share for nominal consideration to Mrs. ...

Bulletin LTT 10-2000 "Transactions for Nominal Consideration" November 2000-- summary under Subsection 2(1) Summary Under Tax Topics- Other Legislation/Constitution- Ontario- Land Transfer Tax Act- Subsection 2(1) Testacy and Intestacy: When a conveyance of land is registered from the personal representative of a deceased person to a transferee who is receiving the property in satisfaction of all or part of his/her beneficial interest in the estate of a deceased person, it is not subject to tax under the Act. The consideration will be set out as "nil" in paragraph 4 of the LTT affidavit, and paragraph 7 must state that the conveyance satisfies these conditions.... ...

23 December 2002 Technical Interpretation RITS 38588-- summary under Consideration Summary Under Tax Topics- Excise Tax Act- Section 123- Subsection 123(1)- Consideration municipal taxes paid by tenant are additional rent A commercial lease provided that the Tenant was to pay to the Landlord the rent and all additional rent as set out in the Agreement and that that the Tenant must pay to the Landlord the full rent payable under the Agreement. ...

IT-405 "Inadequate Considerations and Dispositions"-- summary under Paragraph 69(1)(a) Summary Under Tax Topics- Income Tax Act- Section 69- Subsection 69(1)- Paragraph 69(1)(a) ...

GST59 GST/HST Return for Imported Taxable Supplies, Qualifying Consideration, and Internal and External Charges-- summary under Section 219 Summary Under Tax Topics- Excise Tax Act- Section 219 ...