Search - consideration

(b) XXXXX sells XXXXX to their customers at the current market price, and charges and remits the GST on the transactions based on the consideration received (i.e. the market price). ... You request our view as to whether the amount of money that XXXXX receives from XXXXX representing the difference between the XXXXX selling price and the Guaranteed Price is consideration for a taxable supply or consideration for an exempt supply. ... We note that when XXXXX is required to make a payment to XXXXX under the XXXXX Agreement, XXXXX is not making the payment as consideration for the supply of any specific property or services by XXXXX[.] ...

The supply of blood or blood derivatives is zero-rated under Part I of Schedule VI including supplies made for no consideration. ... The section 5.1 "direct cost exemption" is not applicable in the case of all supplies (including supplies of blood and blood derivatives) when made for no consideration. ... This results in the direct cost exemption not applying where there is no consideration for the supply. ...

The charge was ruled not to be consideration for a supply. After these decisions were made, the matter came under review. ... The Policy Statement indicates that a damage payment should not be regarded as consideration for a supply unless the payee receives a supply in exchange for the damage payment. ... Therefore, the damage payments were not consideration for supplies, and would not be subject to GST/HST. ...

The ruling was that the check-off fee collected by the XXXXX from cattle producers pursuant to the XXXXX is not consideration for a supply and therefore is not subject to GST. ... Ruling Requested The check-off fee charged by the XXXXX pursuant to the XXXXX and Regulations represents consideration for a taxable supply. ... Harding XXXXX Tax Services Office Legislative References: 123(1) consideration, recipient, supply NCS Subject Code(s): R-11925-08 ...

Regarding the scenario's, we would first mention that if the XXXXX decided not to charge consideration for its memberships, it might fall under the XXXXX small supplier threshold for public service bodies (e.g. non-profit organizations). ... However, the fact that memberships are supplied for no consideration is not a factor in determining whether or not the supplies are made in the course of a business. ... However, even though the question of whether consideration is charged is not relative in this determination, supplies made by a PSB for no consideration are exempt under most circumstances, and exempt supplies are specifically excluded from the definition of commercial activity. ...

The consideration for the real property is equal to latecomer fees collected by the municipality from subsequent developers that are then paid to the frontender. If the municipality is a GST/HST registrant, it must self-assess and remit the tax payable pursuant to subsection 228(4) when the consideration for the supply is ascertainable- generally when the latecomer fees are payable by developers to the municipality. The latecomer fees paid by subsequent developers are consideration for an exempt supply of permits issued by the municipality pursuant to paragraph 20(c) of Part VI of Schedule V to the Excise Tax Act (ETA). ...

Where the payment is additional consideration for the membership in the XXXXX this consideration will take on the same tax status as the supply of the membership in the NPO. ... It is only when a payment is consideration for a supply that the payment can attract GST/HST. If a payment is consideration for a supply, then it must be determined whether or not the consideration is for a taxable or exempt supply. ...