Search - 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. ...

That portion of the sale price of the business that is the consideration for the accounts receivable is required to be set out in the election which the vendor and purchaser must execute pursuant to subsection 22(2). ... The amount that is stated in the election to be the consideration for the accounts receivable is final for tax purposes as far as the vendor and purchaser are concerned and cannot later be altered. ... If the agreement for the sale of the business does not specify what part of the total consideration is for the accounts receivable, a reasonable allocation must be made between accounts receivable and other assets included in the sale. ...

As such, consideration received from the activities will be subject to GST/HST unless the person engaged in the activities is a small supplier and not registered. ... Substantially all of the supplies of property or service by the NPO are made for no consideration. 3. ... The value of the consideration charged by the NPO for renting out the meeting rooms does not exceed the direct cost of the supply of the property by the NPO. ...

For GST/HST purposes, the amount of the security charge is included in the consideration for the supply of the air transportation service. As such, where the supply of the service, other than a zero-rated supply, is made in a participating province, the total consideration for the supply, which includes the security charge, is subject to HST at 15%. Where the supply is made in a non-participating province, the total consideration for the supply, including the security charge, is subject to GST at 7% providing the supply is not zero-rated. ...

For reporting periods beginning before January 1, 2008, and ending on or after that day, the existing percentages will apply for consideration that became due, or that was paid without having become due, before January 1, 2008, and the new percentages will apply for all other consideration. We define "consideration" for a supply of a good or a service as any amount payable by law for that supply. Generally, consideration becomes due on the date you issue an invoice or the date specified in an agreement, whichever comes first. ...

On the other hand, an amount paid by an employee as a premium, contribution or other consideration to a private health services plan qualifies as a medical expense for purposes of the medical expense tax credit by virtue of paragraph 118.2(2)(q). ... If the agreed consideration is in the form of cash premiums, they usually relate closely to the coverage provided by the plan and are based on computations involving actuarial or similar studies. ... The consideration given by the employee is considered to be the employee's covenants as found in the collective agreement or in the contract of service. 8. ...

An expense, including a pension-related expense, is incurred by an employer where the employer is liable to pay consideration to a third party supplier under an agreement for a supply. ... The employer is liable to pay the consideration under the agreement with the investment manager and is the recipient of the taxable supply. ... Since the pension-related expense incurred by the employer (i.e., the person liable to pay the consideration under the agreement for the supply) has been paid for out of the pension plan trust assets, the payment by the plan trust is consideration for a taxable supply of an investment management service made by the employer to the plan trust. ...

For reporting periods beginning before January 1, 2008, and ending on or after that day, the existing percentages will apply for consideration that became due, or that was paid without having become due, before January 1, 2008, and the new percentages will apply for all other consideration. We define "consideration" for a supply of a good or a service as any amount payable by law for that supply. Generally, consideration becomes due on the date you issue an invoice or the date specified in an agreement, whichever comes first. ...

As such, consideration received from the activities will be subject to GST/HST unless the person engaged in the activities is a small supplier and not registered. ... Substantially all of the supplies of property or service by the NPO are made for no consideration. 3. ... The value of the consideration charged by the NPO for renting out the meeting rooms does not exceed the direct cost of the supply of the property by the NPO. ...