A-6.002 - Tax Administration Act

Section 59.0.0.4 Disposition versions

2015-10-21

59.0.0.4. Every person who fails to file an information return of a prescribed type within the time required by a fiscal law or a regulation made under a fiscal law incurs a penalty equal to the greater of $100 and

(a)  $10 for each day, not exceeding 100, during which the failure continues, where the number of information returns of the same type is less than 51;

(b)  $15 for each day, not exceeding 100, during which the failure continues, where the number of information returns of the same type is greater than 50 but less than 501;

(c)  $25 for each day, not exceeding 100, during which the failure continues, where the number of information returns of the same type is greater than 500 but less than 2,501;

(d)  $50 for each day, not exceeding 100, during which the failure continues, where the number of information returns of the same type is greater than 2,500 but less than 10,001; and

(e)  $75 for each day, not exceeding 100, during which the failure continues, where the number of information returns of the same type is greater than 10,000.

2015, c. 21, s. 13.