Search - consideration

The private copying levy when imposed upon an importer or manufacturer in Canada is not consideration for a supply for GST/HST purposes. 5. ... The consideration for a taxable supply is subject to GST/HST under the provisions of section 165. ... The amount imposed in respect of the private copying levy is not consideration for a supply for GST/HST purposes. ...

[i] *: Proposed subsection 153(4) of the ETA provides that the value of the consideration for the supply of tangible personal property made by the supplier can be reduced to, at least, nil. This will occur where the value of the consideration for the trade-in is equal to, or greater than, the value of the consideration for the supply of tangible personal property made by the supplier. ... This will occur where the value of the consideration for the trade-in is equal to, or greater than, the value of the consideration for the supply of tangible personal property made by the supplier. ...

You state that you often act for clients who, for estate planning purposes, transfer title to fee simple mines and minerals interests to their children for no consideration. ... Where no consideration has been paid in respect of the supply, section 155 of the ETA also provides that the deemed consideration equal to the fair market value of the supply is deemed to have been paid at the time that the supply was made. ... Subsection 162(1) of the ETA deems the supply of such a right not to be a supply and any consideration paid or due, or any fee or royalty charged or reserved, in respect of the right is deemed not to be consideration for the right. ...

GST/HST becomes payable on the consideration for the travel service on the earlier of the day on which the consideration was paid or became due whether or not the service is actually rendered. ... Paragraph 232(2)(b) of the ETA states that where the tax calculated on the consideration for a supply or part thereof was collected for any reason, and that consideration is subsequently reduced, the supplier may refund or credit to the purchaser the portion of the GST/HST that was calculated on the amount by which the consideration was so reduced. Since there has been no reduction in consideration (i.e., the airfare has not been refunded), the supplier may not refund or credit under paragraph 232(2)(b) of the ETA the amount of the GST/HST calculated on the consideration for the travel service. ...

The land is subsequently transferred to the municipality for nominal consideration of perhaps $2. 5. ... Interpretation Requested You are asking what the value of consideration is for the transfer of land from a developer to a municipality under these circumstances and if the municipality is required to file a GST60 Tax Return and remit the tax payable (i.e. 14 cents in the case of nominal consideration of $2) in respect of a transfer of land from the developer to the municipality. ... However, if the municipality is required to pay the GST on consideration equal to the fair market value of the land, it will only be entitled to a rebate. ...

In such cases, subsection 168(7) of the ETA does not apply and the tax is payable on the earlier of the day consideration is paid and the day consideration becomes due in respect of the supply. ... " The provincial sales tax (PST) would not be included in the value of the consideration for the supply. Therefore, PST and GST are each calculated separately based on the value of the consideration of the supply in accordance. ...

Your views in regards to the application of the GST to the XXXXX rebates were given careful consideration. ... XXXXX has not treated the $XXXXX rebate, nor the previous percentage rebate as being reductions in consideration. ... We have given consideration to your views, and reviewed our previous ruling, and find that it was correct. ...

The supplier accepts the complimentary value of the gift card as full or partial consideration for a supply of property or service. 4. The complimentary value of the gift card is extinguished before any top-up value that has been added to the gift card is accepted as full or partial consideration for a supply. ... Gift cards issued in circumstances when an item is returned without a receipt would generally be considered to be issued for consideration; the value of the returned item being the consideration pursuant to paragraph 153(1)(b). ...

What is the tax status of the registration fees, if found to be consideration for the supply of a membership? ... " A membership fee is consideration for a right to services, whether the right is exercised or not. ... Although the check-off fee is not consideration for membership, we must determine whether it is consideration for any other supply. ...