Search - consideration

The conclusive determination of whether food or beverages are provided under a contract for catering in a particular case requires consideration of all relevant facts. ... In particular, paragraph 4(1)(e) of the Regulations excludes from the PSB rebate the tax paid or payable on the purchase of “an alcoholic beverage or tobacco product that is acquired by the particular person for the purpose of making a supply of the beverage or product for consideration that is not included as part of the consideration for a meal supplied together with the beverage or product, except where tax is payable in respect of the supply by the particular person of the beverage or product.” ... However, a charity may be able to claim a PSB rebate in respect of GST/HST paid or payable on purchases of alcoholic beverages and tobacco products when the alcoholic beverages or tobacco products are supplied by the charity together with, and the consideration for the beverages or products are included as part of the consideration for, a meal. ...

The conclusive determination of whether food or beverages are provided under a contract for catering in a particular case requires consideration of all relevant facts. ... In particular, paragraph 4(1)(e) of the Regulations excludes from the PSB rebate the tax paid or payable on the purchase of “an alcoholic beverage or tobacco product that is acquired by the particular person for the purpose of making a supply of the beverage or product for consideration that is not included as part of the consideration for a meal supplied together with the beverage or product, except where tax is payable in respect of the supply by the particular person of the beverage or product.” ... However, a charity may be able to claim a PSB rebate in respect of GST/HST paid or payable on purchases of alcoholic beverages and tobacco products when the alcoholic beverages or tobacco products are supplied by the charity together with, and the consideration for the beverages or products are included as part of the consideration for, a meal. ...

Required provincial legislation has been introduced but is still under consideration by the Legislative Assembly in British Columbia. ... Therefore, establishing the value of the consideration for the taxable supply is important for purposes of calculating the GST/HST payable. ... Furthermore, consideration generally includes any amount that a recipient is required to pay in respect of a supply of property or services. ...

In consideration of the Purchaser's right to possession of the Property and of the [FinanceCo's] contribution to the purchase of the Property, the [FinanceCo] is entitled to a payment of a certain amount (the Profit) from the Purchaser. ... Where consideration for a supply is payable under an agreement for the supply, the recipient of the supply is the person (or persons) who is (are) liable under the agreement to pay that consideration. ... If that is the case, and if the Purchaser is liable under that agreement to pay the consideration for the supply, then the Purchaser is required to pay the GST payable on the supply. ...

These constitute taxable supplies for which [the Company] pays consideration in the form of commissions and [...] under the First Agreement and [...] under the Second Agreement. ... For GST/HST purposes, the term "consideration" is defined in subsection 123(1) to include any amount that is payable for a supply by operation of law. ... Consequently, they are, or form part of, the consideration for the supply. ...

Dividend Payout As mentioned in the facts stated above, the 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. ... Subsection 155(1) provides, in part, that where a supply is made between persons not dealing at arm’s length for no consideration or for consideration less than the fair market value at the time the supply is made, and the recipient is not a registrant acquiring the property or service for use exclusively in commercial activities of the recipient, the value of consideration is deemed to be the fair market value of the property or service at the time the supply is made. ...

We would also point out that section 9 of Part II of Schedule V provides an exemption for any property or service where the consideration for the supply is payable or reimbursed under a provincial health insurance plan. ... You have also asked for an interpretation that the consideration received by MedCo from an individual or a third party (for medical services) is received for a service rendered to an individual. ... If the medical practitioner making this supply is a registrant for GST/HST purposes, it would be required to collect and remit the tax on the consideration paid for this supply. ...

As an exempt supply, there is no GST/HST to collect on the consideration for Association membership fees. ... Explanation Section 17 of Part VI of Schedule V to the ETA exempts the supply of a membership in an NPO (other than a membership in a club the main purpose of which is to provide dining, recreational or sporting facilities or in a registered party) where each member does not receive a benefit by reason of the membership, other than a) an indirect benefit that is intended to accrue to all members collectively, b) the right to receive services supplied by the body that are in the nature of investigating, conciliating or settling complaints or disputes involving members, c) the right to vote at or participate in meetings, d) the right to receive or acquire property or services supplied to the member for consideration that is not part of the consideration for the membership and that is equal to the fair market value of the property or services at the time the supply is made, e) the right to receive a discount on the value of the consideration for a supply to be made by the body where the total value of all such discounts to which a member is entitled by reason of the membership is insignificant in relation to the consideration for the membership, or f) the right to receive periodic newsletters, reports or publications the value of which is insignificant in relation to the consideration for the membership, or that provide information on the activities of the body or its financial status, other than newsletters, reports or publications the value of which is significant in relation to the consideration for the membership and for which a fee is ordinarily charged by the body to non-members, except where the body has made an election under the section in prescribed form containing prescribed information, form GST23 Election by a Public Sector Body to Have Its Exempt Memberships Treated as Taxable Supplies, which is enclosed. ...

Where the employer invoices the trust, and the trust pays the invoice from the trust assets, the trust is paying the employer to undertake activities in respect of the plan and trust, and therefore generally the amount is consideration for a taxable supply made by the employer to the trust. ... The employer is not considered to have acquired the property or service for consumption, use or supply in the course of its commercial activities and is not entitled to an input tax credit in respect of the tax paid on the consideration for the supply. ... Therefore, XXXXX is required to charge and remit GST/HST on amounts it invoices other employers where the amounts are consideration for taxable supplies, and if the transactions are not made at arm's length and section 155 applies, GST/HST applies on the fair market value of the supplies. ...

GST is charged on the value of the consideration for a supply made in Canada. ... Accordingly, tax would be charged on the full amount of the consideration received. ... The commission you pay to a travel agent is consideration for a supply made to you. ...