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Host receives from an ISC an item (other than an exclusive product) An item (other than an exclusive product) is considered as a sales aid when an approved direct seller supplies it to an ISC who will give it to a host as a host gift. ... The $5,000 revenues from the sale of exclusive products are not considered when determining whether he has to register. ...

Gross revenue is generally the total of business income, donations, grants, gifts, property income, investment income, any amount considered a capital gain from the disposition of property for income tax purposes, and any other revenue of any kind; less any amount considered a capital loss from the disposition of property for income tax purposes. ...

A modular home may be considered to be a mobile home for GST/HST purposes. ... Throughout the process, Hugh paid the GST/HST as follows: Calculation Purchases Tax Tax paid Land 5% GST $2,500 Modular home 13% HST $39,000 Total tax paid $41,500 If Hugh meets all of the conditions for claiming the GST/HST new housing rebate, he will be able to claim a total new housing rebate of $23,400, using Option 2, calculated as follows: GST/HST new housing rebate (for the federal part of the HST): Total federal part of the HST paid = $39,000 × 5/13 = $15,000 GST/HST new housing rebate = $15,000 × 36% = $5,400 The calculation of this rebate is based on the federal part of the HST paid on the purchase of the modular home, which is considered to be a mobile home. ...

A modular home may be considered to be a mobile home for GST/HST purposes. ... GST/HST paid by Hugh throughout the process Purchases Tax Tax paid Land 5% GST $2,500 Modular home 12% HST $43,200 Total tax paid $45,700 If Hugh meets all of the conditions for claiming the GST/HST new housing rebate, he will be able to claim a total new housing rebate of $23,670.36, using Option 2, calculated as follows: GST/HST new housing rebate (for the federal part of the HST): $6,300 × [($450,000- $360,000) ÷ $100,000] = $5,670 The calculation of this rebate is based on the purchase price of the modular home, which is considered to be a mobile home. ...

The circumstances must be considered against an objective standard of a “reasonably prudent person.” ... Following an initial investigation, the CRA will inform, in writing, the directors who may be liable that one or more assessments under section 227.1 of the ITA, section 323 of the ETA, section 81 of the ATSCA, section 295 of the EA2001, or section 95 of the SLPECA are being considered. 20. ...

In addition, other documents, whether written or any other form, including supporting documents such as accountants working papers that were used to determine the obligations and entitlements with respect to taxes payable, collectible or to be remitted are considered part of the books and records of the taxpayer and must be made available to the CRA. ... Records are considered to be kept electronically when information is created, processed, maintained and stored electronically. 11. ...

However, we will not permit revisions when, in the Department's view, the main purpose of the amended election is: retroactive tax planning, such as taking advantage of losses or tax credits not considered when the election was originally filed. ... " In these circumstances no benefit will be considered to have been conferred even though the fair market value of the transferred property exceeds the fair market value of the consideration received. ...

For the purpose of calculating the maximum number of meals allowed, a “day” is considered to be a twenty-four (24) hour period that begins at the departure time. ... The departure time for transport employees is considered to be the time the employee leaves the municipality and the metropolitan area, if there is one, where the employer's establishment is located. ...

Records kept outside Canada and accessed electronically from Canada are not considered to be records in Canada. ... In addition, other documents whether written or any other form, including supporting documents such as accountants' working papers that assist in the determination of obligations and entitlements are considered part of the books and records of the taxpayer and must be made available to the CRA. 21. ...

The payment by the company of the credit card charges to the card issuer is not considered to be a reimbursement since the company is solely responsible per the signed agreement for payment of all credit card charges. ... The payment by the company of the credit card charges to the card issuer is considered to be a reimbursement since the company is not solely responsible per the signed agreement for payment of all credit card charges. ...