Search - consideration

No additional consideration is paid to the supplier for the supply. 10. ... Consequently, GST/HST is not payable on the consideration paid for the gift certificate. ... That is, where the redeeming transaction is for a taxable supply of property or service (other than a zero-rated supply), GST/HST is applicable on the total consideration payable for that supply when the gift certificate is provided as consideration for the supply to the vendor. ...

The sale of a gift certificate for consideration (i.e. for money) is deemed not to be a supply for GST/HST purposes. ... Shipping fees and minimum order fees are consideration for transportation or administrative services. ... Shipping fees and minimum order fees are consideration for separate supplies and are subject to GST/HST. ...

You would like to know if the annual land rental fee is consideration for a supply that is subject to GST. 2. You would like to know if the PLDF is consideration for a supply that is subject to GST. ... As a result the annual land rental fee and the PLDF are each part of the consideration payable for the lease of the XXXXX Lot. ...

Under subsection 181(4), when a registrant accepts, in full or partial consideration for a supply of property or a service, a coupon that may be exchanged for the property or service or that entitles the recipient of the supply to a reduction of, or a discount on, the price of the property or service and subsection 181(2) does not apply in respect of the coupon, the value of the consideration for the supply is deemed to be the amount, if any, by which the value of the consideration for the supply exceeds the discount or exchange value of the coupon. In other words, the recipient of the supply would be required to pay tax on the net consideration for the supply; that is, after deducting the value of the coupon. ... GST/HST at the applicable rate then applies on the reduced consideration attributable to each of the taxable items. ...

GST equal to 7% of the consideration paid by the dealer to XXXXX is collected by XXXXX and added to XXXXX net tax for the relevant reporting period. ... GST will apply to the full consideration (i.e., $11,600) paid by the lessee to acquire the vehicle from the dealer pursuant to the purchase option. ... We confirm that the dealer will be required to collect GST from the lessee on the full consideration paid by the lessee to acquire the vehicle in accordance with the purchase option contained in the lease agreement. ...

The XXXXX fee is consideration for a supply of a service in respect of an application for a development permit and is exempt pursuant to paragraph 20(c) of Part VI of Schedule V. ... The payment is not consideration for the supply of a right to use real property of the Town as suggested in the incoming memorandum. ... The transfer of the land or money to the municipality is consideration for the supply by the municipality of a right or permit to develop the land. ...

The XXXXX fee is consideration for a supply of a service in respect of an application for a development permit and is exempt pursuant to paragraph 20(c) of Part VI of Schedule V. ... The payment is not consideration for the supply of a right to use real property of the Town as suggested in the incoming memorandum. ... The transfer of the land or money to the municipality is consideration for the supply by the municipality of a right or permit to develop the land. ...

Interpretation Requested In your letter, you asked whether a supplier of taxable services to XXXXX has to refund the GST collected on the supply where the consideration for the supply has been reduced. ... The amount refunded would be that portion of the tax calculated on the amount by which the consideration for the supply was reduced. ... This is because XXXXX would have recorded, to the RAA, the tax paid on the supply of the service prior to the reduction in the consideration. ...

In consideration of the Assumption of the Bridge Liability by XXXXX agreed to transfer lands to XXXXX to meet the XXXXX needs in connection with the reparation of the Bridges and related work. ... XXXXX was also granted, for nominal consideration, easements for some other properties connected with the Bridges (parcels of lands, structural elements of the Bridges, etc.). ... XXXXX agrees with XXXXX that the consideration to be shown in each of the conveyances from XXXXX in respect of XXXXX[.] ...

You would like to know whether or not the U.S. income should be included as part of the total consideration for taxable supplies when you make the determination as to whether or not your client exceeds the small supplier threshold. Interpretation Given In determining whether or not a person is a small supplier, a person must include the total consideration for taxable supplies both inside and outside Canada (i.e., including those that are zero-rated under Schedule VI to the Excise Tax Act (ETA) and excluding financial services, supplies by way of sale of capital property of the person or associate, and consideration attributable to the sale of goodwill of a business). ... In Canada, performers are normally considered to be self-employed and their income is included as part of the total consideration for taxable supplies when they are determining whether or not they are small suppliers. ...