An Act to Amend the Income War Tax Act 1917 Assented to 7th July 1919
An Act to Amend the Income War Tax Act 1917 Assented to 7th July 1919
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Subsection one of soM-tion nine of the said Act is amended by striking out the words "two next preceding sections" in the second Hue thereof and sul)stituting therefor the woids "next prececHng section. " H. (1) Subsection one of section ten of tlie said Act is n pealed and the following is suljstituted therefor: — "lO. (1) The Minister sliall, on or l^efore the thirty-first day of October in each year, or on or before such other date as he may in any case or cases prescribe, determine the seve...i-al amounts payable for the tax, and shall thereupon send by registered mail a notice of assessment, in such form as the Minister may prescribe, to each taxpayer, notifying liim of the amount payable by him for the tax. The tax shall he paid within one month from the date of mailing of the notice of assessment. In default of pa3'ment within the said one month from the date of the mailing of the assess- ment notice, a penalty of five per centum of the amount of such tax shall be added thereto, and thereafter a further pc^nalty of one per centum per month shall be ad(led for each additional month or portion thereof during which the said tax and penalty remain unpaid.
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To quickly assess the difficulty of the text, read a short excerpt:
Subsection one of soM-tion nine of the said Act is amended by striking out the words "two next preceding sections" in the second Hue thereof and sul)stituting therefor the woids "next prececHng section. " H. (1) Subsection one of section ten of tlie said Act is n pealed and the following is suljstituted therefor: — "lO. (1) The Minister sliall, on or l^efore the thirty-first day of October in each year, or on or before such other date as he may in any case or cases prescribe, determine the seve...i-al amounts payable for the tax, and shall thereupon send by registered mail a notice of assessment, in such form as the Minister may prescribe, to each taxpayer, notifying liim of the amount payable by him for the tax. The tax shall he paid within one month from the date of mailing of the notice of assessment. In default of pa3'ment within the said one month from the date of the mailing of the assess- ment notice, a penalty of five per centum of the amount of such tax shall be added thereto, and thereafter a further pc^nalty of one per centum per month shall be ad(led for each additional month or portion thereof during which the said tax and penalty remain unpaid.
What to read after An Act to Amend the Income War Tax Act 1917 Assented to 7th July 1919?
You can find similar books in the "Read Also" column, or choose other free books by Canada to read onlineMoreLess
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