Search - consideration

Decision A would charge GST on the consideration for the tangible personal property (e.g. mining equipment for personnel, crushers, vehicles), B would account for the GST on the consideration for the taxable supplies of real property (e.g. mine office, refinery) and no tax would be collected on the supply of the mineral rights (e.g. mining permits). ... A would collect and account for the GST on the consideration for the supply of the tangible personal property; B would account for the GST on the consideration for the supply of the real property; and the supply of the right to explore for or exploit a mineral deposit would be deemed not to be a supply. ... Generally, GST/HST will not apply in a typical farm-out transaction unless there is some monetary consideration. ...

Arbitration is not available for a particular taxation year of a case that has been accepted for competent authority consideration under paragraph 3(b) of Article IX of the Convention where the six-year notification period has been exceeded. ... If any Concerned Person rejects a determination, including by virtue of paragraph (b) above, the case will be closed and will not be subject to any further mutual agreement procedure consideration. ... Transitional Provision Cases under consideration by the competent authorities as of the date on which the Protocol entered into force (December 15, 2008) as referred to in 3(d)(1)(f)(i) of Article 27 of the Protocol are cases where the information necessary to undertake substantive consideration for a mutual agreement has been received by both competent authorities at the date that the Protocol entered into force. ...

The consideration for taxable supplies by the builder or a GST/HST registrant associated with the builder includes: the amount by which the consideration for a supply is reduced because of goods given as a trade-in; the value of supplies made between closely related corporations that elected for GST/HST purposes to otherwise treat the supplies as being made for nil consideration; and the fair market value of a supply made between persons not dealing at arm's length for less than its fair market value. ... The total consideration for Builder A's taxable supplies in its fiscal year ending March 31, 2010 was $8.5 million. ... Company B manufactures cabinets, the total consideration for the sales of which was $3 million in its fiscal year ending December 31, 2009. ...

The consideration for taxable supplies by the builder or a GST/HST registrant associated with the builder includes: the amount by which the consideration for a supply is reduced because of goods given as a trade-in; the value of supplies made between closely related corporations that elected for GST/HST purposes to otherwise treat the supplies as being made for nil consideration; and the fair market value of a supply made between persons not dealing at arm's length for less than its fair market value. ... The total consideration for Builder A's taxable supplies in its fiscal year ending March 31, 2010 was $8.5 million. ... Company B manufactures cabinets, the total consideration for the sales of which was $3 million in its fiscal year ending December 31, 2009. ...