A-6.002 - Tax Administration Act

Section 94.6 Disposition versions

1989-12-20

94.6. An advance made under section 94.5 for a particular taxation year is deemed to be tax payable by the individual under Part I of the Taxation Act (chapter I-3) and is added to the tax otherwise payable by the individual under this Part for that particular taxation year.

For the purposes of section 1037 of the Taxation Act, the interest payable under that section shall be computed, in respect of the part of the unpaid tax for that particular taxation year which does not exceed the amount of the advance made for that particular taxation year, for the period beginning on 1 May of the year following that particular taxation year or on the date on which that advance was made, whichever date is later, and ending on the date of payment of the unpaid tax.

1989, c. 5, s. 253; 1989, c. 77, s. 109.

1989-04-06

94.6. An advance made under section 94.5 is deemed to be tax payable by the individual under Part I of the Taxation Act (chapter I-3) and is added to the tax otherwise payable by the individual under this Part for the taxation year 1988.

For the purposes of section 1037 of the Taxation Act, the interest payable under that section shall be computed, in respect of the part of the unpaid tax which does not exceed the amount of the advance made, for the period beginning on 1 May 1989 or on the date on which the advance was made, whichever date is later, and ending on the date of payment of the unpaid tax.

1989, c. 5, s. 253.