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Results 23891 - 23900 of 29056 for consideration

2 February 2006 GST/HST Ruling 63256 - Application of GST to a Game of Chance

By virtue of subsection 152(1) of the ETA, the consideration for the supply is due on the day the supplier issued the ticket. Consideration is "paid" when the supplier receives the money, property or service, which is consideration for the supply. ... Under the provisions of subsection 168(1) of the ETA, the tax is payable by the recipient of a taxable supply on the earlier of the day that consideration for the supply is paid and the day that the consideration becomes due. ...

9 January 2001 GST/HST Ruling 25986 - Application of the GST/HST to the Supply of Funding for Research and Development of Effective Training Materials

Rulings Requested 1) The funding provided by the Funder to the Society is consideration for a taxable supply. ... As the funding is not consideration for a supply, it will not be subject to the GST/HST. ... As indicated above, this funding is not consideration for supplies made by the Society. ...

Deemed dispostions

In certain circumstances, the Income Tax Act considers that a property has been disposed of, even though no real compensation in the form of money or other consideration has been received. ... In this guide, "sale" generally refers to a transaction where the ownership of property is transferred from one person or entity to another for a sum of money or other consideration. In the case of a deemed disposition, ownership of the property is not transferred for money or other consideration. ...

Deemed dispositions

In certain circumstances, the Income Tax Act considers that a property has been disposed of, even though no real compensation in the form of money or other consideration has been received. Some examples of when a deemed disposition may occur are: transfers of property to a trust gifts of property (that is, the name of the beneficial owner of the property is changed) the owner dies the owner ceases to be a resident of Canada In this guide, "sale" generally refers to a transaction where the ownership of property is transferred from one person or entity to another for a sum of money or other consideration. In the case of a deemed disposition, ownership of the property is not transferred for money or other consideration. ...

4 November 2021 GST/HST Ruling 196473a - Supply of dental care services -- summary under Section 5

CRA went on to indicate that the dividends received by him were exempted consideration, stating: [T]he Dentist receives dividend payouts once or twice a year as the only form of consideration for the work he performs for the Company. As the dividends are paid in relation to the ownership of shares, they are not treated as consideration for the supplies of services by the Dentist. … The payment or receipt of money as dividends in respect of a financial instrument is a “financial service” …. ...

4 November 2021 GST/HST Ruling 196473a - Supply of dental care services -- summary under Paragraph (f)

12 July 2023 GST/HST Ruling 174441 - and GST/HST INTERPRETATION - Application of GST/HST on funds raised through crowdfunding

What is the consideration used to determine the GST/HST to be remitted? ... Is the GST/HST calculated on a tax extra or tax included basis on the consideration? ... As per section 165, GST/HST is calculated on the value of the consideration for the supply. ...

23 April 1997 GST/HST Interpretation HQR0000571 - Snow Removal and GST

The owner/operators and clubs have not charged nor has XXXXX paid GST with respect to the consideration paid by XXXXX for the snow ploughing services. 8. ... GST does not have to be paid on the consideration for a snow-ploughing service provided by a person who is not and is not required to be registered for GST purposes at the time when the consideration becomes payable or is paid without having become payable. ... The supplier has disclosed the consideration and the GST in respect of the supply to the recipient as required under subsection 223(1)[,] 4. ...

17 December 2003 GST/HST Interpretation 40164 - and APPLICATION RULING Rebate in Respect of the Purchase of Qualifying Motor Vehicles

In your letter, you put forth the position that the amount eligible for rebate should include the full consideration price paid less the value of the engine. ... However, the consideration that should be included in the certified amount of the purchase price is the consideration that can reasonably be attributed to the special feature or the adaptation. In this case, the amount that can reasonably be attributed to the special feature or the adaptation is limited to the consideration for the increase in door dimensions. ...

22 January 1995 GST/HST Interpretation 1995-01-22 - GST Treatment of Activities and Projects Undertaken by a Non-Profit Organization

Pursuant to subsection 153(1), the value of the consideration for a supply shall be deemed to be equal to: (a) where the consideration or that part is expressed in money, the amount of the money, and (b) where the consideration or that part is other than money, the fair market value of the consideration or that part at the time the supply was made. ... It is evident that this consideration is primarily for a service of television advertising. ... Section 218 imposes GST on the value of consideration for an imported taxable supply. ...

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