Source: http://laws-lois.justice.gc.ca/eng/AnnualStatutes/2006_4/page-34.html
Timestamp: 2013-06-19 05:32:40
Document Index: 629691105

Matched Legal Cases: ['ART 3', 'ART 4', 'art 2', 'ART 1', 'ART 2', 'ART 3', 'ART 4', 'ART 5', 'ART 6', 'ART 7', 'ART 8', 'ART 9', 'ART 10', 'ART 11', 'ART 12', 'ART 13']

87. (1) Subsection 227.1(1) of the Act is replaced by the following:Marginal note:Liability of directors for failure to deduct227.1 (1) Where a corporation has failed to deduct or withhold an amount as required by subsection 135(3) or 135.1(7) or section 153 or 215, has failed to remit such an amount or has failed to pay an amount of tax for a taxation year as required under Part VII or VIII, the directors of the corporation at the time the corporation was required to deduct, withhold, remit or pay the amount are jointly and severally, or solidarily, liable, together with the corporation, to pay that amount and any interest or penalties relating to it.(2) Subsection (1) applies after 2005.
88. (1) Section 235 of the Act is replaced by the following:Marginal note:Penalty for failing to file corporate returns235. Every large corporation (within the meaning assigned by subsection 225.1(8)) that fails to file a return for a taxation year as and when required by section 150 or 190.2 is liable, in addition to any penalty otherwise provided, to a penalty for each such failure equal to the amount determined by the formulaA × BwhereA is the total of(a) 0.0005% of the corporation’s taxable capital employed in Canada at the end of the taxation year, and(b) 0.25% of the tax that would be payable under Part VI by the corporation for the year if this Act were read without reference to subsection 190.1(3); andB is the number of complete months, not exceeding 40, from the day on or before which the return was required to be filed to the day on which the return is filed.(2) Subsection (1) applies to the 2006 and subsequent taxation years.
PART 3AMENDMENTS RELATING TO EXCISE TAX ON JEWELLERY, ETC.Marginal note:R.S., c. E-15Excise Tax ActMarginal note:2005, c. 30, s. 25(1)89. (1) Sections 5 to 5.2 of Schedule I to the Excise Tax Act are repealed.(2) Subsection (1) is deemed to have come into force on May 2, 2006.
Marginal note:2005, c. 30Budget Implementation Act, 200590. Section 26 of the Budget Implementation Act, 2005 is repealed.
PART 4AMENDMENTS RELATING TO ABORIGINAL TAX POWERS AND ABORIGINAL TAX TREATMENTMarginal note:2003, c. 15, s. 67First Nations Goods and Services Tax ActMarginal note:2005, c. 19, s. 1091. The title of Part 2 of the First Nations Goods and Services Tax Act is replaced by the following:FIRST NATIONS SALES TAX — SPECIFIED PROVINCES
Marginal note:2005, c. 19, s. 1092. (1) The definitions “parallel Quebec law” and “reserves in Quebec” in section 17 of the Act are repealed.(2) Section 17 of the Act is amended by adding the following in alphabetical order:“parallel provincial law”« loi provinciale parallèle »“parallel provincial law”, in respect of a band law, means the enactment of the specified province listed in Schedule 2 opposite the name of the council of the band that enacted the band law, or those provisions of an enactment of that province, to which the band law is similar.“specified province”« province visée »“specified province” means a province that is listed in Schedule 2. Budget Implementation Act, 20061 - SHORT TITLE 2 - PART 1 AMENDMENTS RELATING TO THE GST/HST RATE REDUCTION 2 - Amendments Relating to the GST/HST 2 - Excise Tax Act 33 - Related Amendments 33 - Air Travellers Security Charge Act 34 - Amendments Relating to the Taxation of Tobacco Products 34 - Excise Act, 2001 42 - Application 43 - Amendments Relating to Alcohol Products 43 - Excise Act 44 - Excise Act, 2001 50 - Application 51 - PART 2 AMENDMENTS TO THE INCOME TAX ACT 89 - PART 3 AMENDMENTS RELATING TO EXCISE TAX ON JEWELLERY, ETC. 89 - Excise Tax Act 90 - Budget Implementation Act, 2005 91 - PART 4 AMENDMENTS RELATING TO ABORIGINAL TAX POWERS AND ABORIGINAL TAX TREATMENT 91 - First Nations Goods and Services Tax Act 98 - Yukon First Nations Self-Government Act 99 - PART 5 OTHER TAX-RELATED AMENDMENTS 99 - Air Travellers Security Charge Act 113 - Excise Act, 2001 124 - Excise Tax Act 161 - Income Tax Act 167 - Conditional Amendment 168 - PART 6 UNIVERSAL CHILD CARE BENEFIT 168 - Enactment of Act 169 - Consequential And Related Amendments 169 - Children’s Special Allowances Act 172 - Employment Insurance Act 173 - Income Tax Act 180 - Old Age Security Act 181 - Coming Into Force 182 - PART 7 AMENDMENTS TO THE FEDERAL-PROVINCIAL FISCAL ARRANGEMENTS ACT 190 - PART 8 PAYMENTS TO PROVINCES AND TERRITORIES 192 - PART 9 MORTGAGE INSURANCE 199 - PART 10 AMENDMENTS RELATING TO FINANCIAL INSTITUTIONS 199 - Bank Act 200 - Cooperative Credit Associations Act 201 - Insurance Companies Act 202 - Trust and Loan Companies Act 203 - PART 11 AMENDMENTS RELATING TO PENSIONS 203 - Canadian Forces Superannuation act 204 - Public Service Superannuation Act 206 - Royal Canadian Mounted Police Superannuation Act 207 - Coming into Force 208 - PART 12 MACKENZIE GAS PROJECT IMPACTS ACT 208 - Enactment of Act 209 - Payments 210 - Consequential Amendments 210 - Access to Information Act 211 - Financial Administration Act 212 - Privacy Act 213 - Coming Into Force 214 - PART 13 MISCELLANEOUS AMENDMENTS 214 - European Bank for Reconstruction and Development Agreement Act 216 - Freshwater Fish Marketing Act 217 - Public Sector Pension Investment Board Act SCHEDULE 1 SCHEDULE 2 Previous PageNext PageTable of Contents1 ... 34 ... 56 ... 89 ... 1011 ... 1213 ... 1516 ... 1718 ... 2122 ... 2324 ... 2526 ... 27282930 ... 3233 ... 3435 ... 3839 ... 4445 ... 4950 ... 5354 ... 5657 ... 5859 ... 6061626364 ... 6566 ... 6869 ... 7374 ... 7575.1 ... 7879 ... 8081 ... 858687 ... 9293 ... 9596 ... 9899 ... 101102 ... 104105 ... 109110 ... 113114 ... 117118 ... 119120 ... 124125 ... 129130 ... 133133.1 ... 136137 ... 139140 ... 141142143144 ... 145146147 ... 148149 ... 151152 ... 155156 ... 160161 ... 164165 ... 168169 ... 173174 ... 177178 ... 182183184 ... 186187 ... 190191 ... 193194 ... 199199.1 ... 202203 ... 205206 ... 208209 ... 214215 ... 217SCHEDULE 1SCHEDULE 2