I-3, r. 1 - Regulation respecting the Taxation Act

Section 1015r16 Disposition versions

2012-09-01

1015R16. Where a bonus is paid to an employee whose estimated annual pay, including the bonus, exceeds the amount determined in accordance with the second paragraph of section 1015R15, the amount to be deducted therefrom must be established by the employer

(a)  by calculating the amount established in accordance with the tables drawn up by the Minister under section 1015 of the Act in respect of a remuneration equal to the amount of regular remuneration to which was added the amount obtained by dividing the amount of the bonus by the number of pay periods in the year;

(b)  by subtracting the amount appearing in the tables drawn up by the Minister under section 1015 of the Act in respect of the amount of regular remuneration from the sum obtained under paragraph a; and

(c)  by multiplying the amount obtained under paragraph b by the number of pay periods in the year.

s. 1015R6; O.C. 1981-80, s. 1015R6; R.R.Q., 1981, c. I-3, r. 1, s. 1015R6; O.C. 1466-98, s. 90; O.C. 1463-2001, s. 132; O.C. 1470-2002, s. 72; O.C. 134-2009, s. 1.