Thank you, Mr. Chairman. I will be voting in support of the Bill. There is one area that may have been covered in committee, but I think it is something that I would like to bring out, and that is the aspect of where and when the government deems that a change in the tax rate is required. I note that the commitment is there that nothing would take place before the 2002 budget. When a change is required or proposed, could the Minister describe for the committee what the process is by which that change is implemented? Does it go through some kind of public review or assessment? Is it done by regulation? What is the mechanism there so that the public can see when and how changes to tax rates are made? Thank you, Mr. Chairman.
Debates of Oct. 30th, 2001
This is page numbers 515 - 539 of the Hansard for the 14th Assembly, 4th 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
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Joe Handley Weledeh
Mr. Chairman, any change like that would have to be made through a change in the bill, so it would have to appear before the House in the same process, certainly with the opportunity for public input.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Some Hon. Members
Agreed.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Committee Motion 24-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Joe Handley Weledeh
Mr. Chairman, yes, there are three changes. I will go through the first one first. The first one is that clause 4 of Bill 13 be amended by striking out "quotidien" in the French version of the proposed paragraph 2.13(4)(c) and by substituting "quotient."
Committee Motion 24-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Committee Motion 24-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 536
Joe Handley Weledeh
Sorry, Mr. Chairman, I thought I did, but if I did not, then I move that clause 4 be amended as read.
Committee Motion 24-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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The Chair David Krutko
The motion is in order. To the motion. Question has been called. All those in favour? I do not recognize a quorum. We are dealing with a motion in committee of the whole. I will ring the bells.
I recognize a quorum. There is a motion on the floor. To the motion to amend. Question has been called. All those in favour? All those opposed? The motion is carried. Clause 4 as amended. Mr. Handley.
Committee Motion 25-14(4) : To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried))
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 29th, 2001
Page 536
Joe Handley Weledeh
Thank you, Mr. Chairman. A second amendment:
I MOVE that clause 4 of Bill 13 be amended by deleting proposed section 2.24 and by substituting the following:
2.24For the purpose of computing an individual's tax payable under this part for a taxation year, there may be deducted an amount equal to the specific percentage of the amount that the individual may deduct under section 118.3 of the federal act for that taxation year.
Thank you, Mr. Chairman.
Committee Motion 25-14(4) : To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried))
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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The Chair David Krutko
Thank you, Mr. Minister. The motion is in order. To the motion. Question has been called. All those in favour? All those against? The motion is carried. Clause 4 as amended. Mr. Handley.
Committee Motion 26-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Joe Handley Weledeh
Mr. Chairman, a third amendment to this clause:
I MOVE that clause 4 of Bill 13 be amended by deleting proposed subsection 2.3(3) and by substituting the following:
Restriction on Credit(3) Notwithstanding subsections (1) and (2), for the purpose of section 118.81 of the federal act, as that section applies for the purposes of this act, where a person did not reside in the Territories on the last day of the taxation year, the tuition and education tax credits transferred for the taxation year by the person to an individual shall be equal to the specific percentage of the amount determined in respect of the person for the taxation year under that section.
Thank you.
Committee Motion 26-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Page 537
The Chair David Krutko
The motion is in order. To the motion. Question has been called. All those in favour? All those against? The motion is carried. Clause 4 as amended.
Committee Motion 26-14(4): To Amend Clause 4 Of Bill 13-14(4): An Act To Amend The Income Tax Act, No. 2 (carried)
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
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Some Hon. Members
Agreed.