This is page numbers 1409 - 1492 of the Hansard for the 12th Assembly, 3rd Session. The original version can be accessed on the Legislative Assembly's website or by contacting the Legislative Assembly Library. The word of the day was tax.

Topics

Bill 27: Payroll Tax Act, 1993
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Charles Dent

Charles Dent Yellowknife Frame Lake

Mr. Chairman, I would recommend we move to Bill 26, An Act to Amend the Income Tax Act, No. 2.

Bill 27: Payroll Tax Act, 1993
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Is this committee agreed?

Bill 27: Payroll Tax Act, 1993
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Bill 26, An Act to Amend the Income Tax Act, No. 2. Would the Minister like to make opening remarks?

Introductory Remarks

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

John Pollard Hay River

Thank you, Mr. Chairman. The bill before you would grant an income tax credit to tax payers filing as Northwest Territories residents. For a representative tax payer earning $40,000 the credit should be $400, or if a person is earning $50,000 and $60,000 the credit should be $490 and $565 respectively. The tax credit would come into effect on July 1, 1993 and will be at half of the rate that will apply for 1994 and subsequent years. All Northwest Territories tax payers will receive with their 1993 income tax return an additional form to calculate the tax credit. The application for the tax credit will therefore be part of the annual income tax return sent to the federal government. Thank you, Mr. Chairman.

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Does the chairman of the Standing Committee on Finance have any remarks? It was concluded in the other report. Mr. Antoine.

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

April 2nd, 1993

Page 1474

Jim Antoine Nahendeh

Thank you, Mr. Chairman. The Standing Committee on Finance included our remarks in our report. It was a combined report. We have dealt with that report already.

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Are there any general comments? Is this committee agreed that we go clause by clause. Agreed?

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Clause 1. Agreed?

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Clause 2. Agreed?

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Clause 3. Agreed?

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Bill as a whole. Agreed?

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Is this committee agreed that Bill 26, An Act to Amend the Income Tax Act, No. 2 is ready for third reading. Agreed?

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Bill 26: An Act To Amend The Income Tax Act, No. 2
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. What is the wish of the committee? I would like to thank the Minister and his witnesses. Mr. Dent.

Committee Report 10-12(3): Report On Tabled Document 21-12(3): Payroll Tax Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Charles Dent

Charles Dent Yellowknife Frame Lake

Mr. Chairman, I would like to suggest that seeing as we have dealt with the Payroll Tax Act, that we could agree that Committee Report 10-12(3), Report on Tabled Document 21-12(3): Payroll Tax Act was concluded.

Committee Report 10-12(3): Report On Tabled Document 21-12(3): Payroll Tax Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Is this committee agreed that Committee Report 10-12(3), Report on Tabled Document 21-12(3): Payroll Tax Act is concluded. Agreed?

Committee Report 10-12(3): Report On Tabled Document 21-12(3): Payroll Tax Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Some Hon. Members

Agreed.

---Agreed

Committee Report 10-12(3): Report On Tabled Document 21-12(3): Payroll Tax Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

The Chair Ludy Pudluk

Thank you. Mr. Dent.

Committee Report 10-12(3): Report On Tabled Document 21-12(3): Payroll Tax Act
Item 18: Consideration In Committee Of The Whole Of Bills And Other Matters

Page 1474

Charles Dent

Charles Dent Yellowknife Frame Lake

Mr. Chairman, I would like to suggest that we deal with Tabled Document 133-12(3) and Tabled Document 134-12(3).