Search - consideration
Results 3541 - 3550 of 29053 for consideration
Scraped CRA Website
Harmonized Sales Tax: Leases of Real Property in Prince Edward Island
When consideration becomes due For GST/HST purposes, in the case of a written agreement for a supply of real property made by way of lease, consideration becomes due on the day the lessee is required to pay the consideration under the agreement. ... When consideration is paid without becoming due For GST/HST purposes, in the case of a supply of real property made by way of lease, consideration is paid without having become due when the lessee pays the consideration before the lessee is required to pay the consideration (e.g. payment is made before the consideration becomes due under a written agreement for the supply). ... The individual pays consideration for the multi-pack on March 1, 2013. ...
Current CRA website
Harmonized Sales Tax: Leases of Real Property in Prince Edward Island
When consideration becomes due For GST/HST purposes, in the case of a written agreement for a supply of real property made by way of lease, consideration becomes due on the day the lessee is required to pay the consideration under the agreement. ... When consideration is paid without becoming due For GST/HST purposes, in the case of a supply of real property made by way of lease, consideration is paid without having become due when the lessee pays the consideration before the lessee is required to pay the consideration (e.g. payment is made before the consideration becomes due under a written agreement for the supply). ... The individual pays consideration for the multi-pack on March 1, 2013. ...
Folio
S5-F4-C1 - Income Tax Reporting Currency
Note that subsection 248(26) clarifies that an amount that a debtor becomes liable to pay (other than interest) as consideration for any property acquired by, or services rendered to, the debtor is considered to be an obligation issued by the debtor with a principal amount equal to the amount of the liability. ...
Folio
S1-F3-C2 - Principal Residence
The allocation of the proceeds of disposition and adjusted cost base of the total property between the two portions does not necessarily have to be on the basis of area – consideration should be given to any factors which could have an effect on the relative value of either of the two portions. 2.38 The comments in this section do not apply if the property includes land used in a farming business (see instead ¶2.39 to 2.46). ... Subject to the additional rules discussed in ¶2.66.1 for dispositions after 2016, the normal principal residence exemption rules generally apply, taking into consideration the following modifications: When a personal trust designates a property as its principal residence for one or more tax years, the trustee of the trust must complete and file Form T1079, Designation of a Property as a Principal Residence by a Personal Trust. ...
Folio
S1-F2-C3 - Scholarships, Research Grants and Other Education Assistance
This requires a consideration of all relevant facts and information. Factors relevant to this determination are discussed throughout the rest of this Chapter. 3.6.1 Beginning in the 2017 tax year, the education and textbook tax credits have been eliminated and will no longer be available for a student to claim. ...
Folio
S3-F2-C2 - Taxable Dividends from Corporations Resident in Canada
This calculation is made: using a notional combined federal and provincial or territorial corporate rate of tax of 37%; allowing for certain modifications depending on the tax year in question; and without taking into consideration the specified future income tax consequences for those tax years. 2.117 Dividends received by the corporation in the transition period are generally not included in the GRIP addition calculation. ...
Article Summary
Mark Woltersdorf, "Restrictive Covenants – The Final Chapter (For Now) – Part II", CCH Tax Topics, No. 2135, 7 February 2013, p. 1 at p. 4: -- summary under Subsection 56.4(6)
Under common law, a contract is not valid unless consideration is given, even where the amount of consideration is nominal (for example, many commercial agreements refer to consideration of $1 paid between the parties, "the receipt and sufficiency of which is hereby acknowledged"). As such, where consideration of any amount is paid, it is uncertain if a vendor will ever be able to utilize subsection 56.4(5) to prevent the application of paragraph 68(c) unless the contract relating to the RC is executed under seal (i.e., a contract without consideration). ...
Article Summary
Michael Coburn, "Practical Strategies for Dealing with the Restrictive Covenant Provisions", 2014 Conference Report (Canadian Tax Foundation), 8:1-29 -- summary under Paragraph 56.4(7)(b)
Application of the requirement – that the proceeds be received by the grantor of the non-compete covenant or an eligible corporation thereof – to a trust or partnership (pp.12-13) [Under s. 56.4(7)(b)] generally, consideration must be received by either the "taxpayer" or an "eligible corporation" of the taxpayer. ... …With respect to a trust, it would seem that a Restrictive Covenant granted by a beneficiary or trustee of a trust would not meet the receipt of consideration requirements as neither the trustee or beneficiary would receive either a goodwill amount or consideration for the disposal of property. ... The reference to " the amount" rather than " an amount" suggests that it may be necessary to allocate to each partner that portion of the goodwill amount that directly represents consideration for the Non-Competition Covenant granted by that party…. ...
Current CRA website
2024 Fifth Annual Report of the Disability Advisory Committee
This recommendation has been shared with the Department of Finance (DoF) for consideration. ... This recommendation has been shared with the Department of Finance (DoF) for their consideration. ... It was indicated this was a jurisdictional issue and will be shared for consideration. ...
Current CRA website
2023 Fourth Annual Report of the Disability Advisory Committee
Recommendations are categorized based on the following: core and cross-cutting themes, including the definition of disability, data, populations of special consideration, regional considerations, co-design and accessibility issues related to accessing the DTC, including awareness, eligibility, application, appeals and gateway to other benefits 2.1. ... Regional Considerations Current Issue The uptake of the DTC in Quebec and the territories is much lower relative to the rest of Canada. ... This number may be slightly higher when transfers are taken into consideration. ...