I-3 - Taxation Act

Section 1029.9.2 Disposition versions

2021-06-04

1029.9.2. A taxpayer who, on the date specified in the third paragraph that is included in a particular taxation year of the taxpayer that is either the taxpayer’s last taxation year that began before 1 January 2020 or a taxation year that began after 31 December 2019 and before 10 October 2020, is the holder of one or more taxi owner’s permits in force, who assumed during that particular year all or almost all of the fuel cost of bringing into service any motor vehicle attached to each of those permits and who encloses the prescribed form containing prescribed information with the fiscal return the taxpayer is required to file under section 1000 for that particular year or would be required to so file if the taxpayer had tax payable for that particular year under this Part, is deemed, subject to the second paragraph, to have paid to the Minister, on the taxpayer’s balance-due day for that particular year, on account of the taxpayer’s tax payable for that year under this Part, an amount equal to

(a)  where the particular year is the taxpayer’s last taxation year that began before 1 January 2020, the lesser of

i.  the amount determined in respect of the taxpayer for the particular year under section 1029.9.3, and

ii.  the product obtained by multiplying $584 by the number of such permits of which the taxpayer is the holder on 31 December 2019; or

(b)  where the particular year is a taxation year of the taxpayer that began after 31 December 2019 and before 10 October 2020, the lesser of

i.  the amount that would be determined in respect of the taxpayer for the particular year under section 1029.9.3 if paragraphs a to c of that section were read as if “the portion of” were inserted at the beginning and as if “, which is attributable to the period of the year that precedes 10 October 2020” were inserted at the end, and

ii.  the product obtained by multiplying $594 by the number of such permits of which the taxpayer is the holder on 9 October 2020.

For the purpose of computing the payments that a taxpayer is required to make under section 1025 or 1026, subparagraph a of the first paragraph of section 1027, or any of sections 1159.7, 1175 and 1175.19 where they refer to that subparagraph a, the taxpayer is deemed to have paid to the Minister, on account of the aggregate of the taxpayer’s tax payable for the year under this Part and of the taxpayer’s tax payable for the year under Parts IV.1, VI and VI.1, on the date on or before which each payment is required to be made, an amount equal to the lesser of

(a)  the amount by which the amount determined under the first paragraph for the year exceeds the aggregate of all amounts each of which is the portion of that amount that may reasonably be considered to be deemed to have been paid to the Minister under this paragraph in the year but before that date; and

(b)  the amount by which the amount of that payment, determined without reference to this chapter, exceeds the aggregate of all amounts each of which is an amount that is deemed, under this chapter but otherwise than under the first paragraph, to have been paid to the Minister on that date, for the purpose of computing that payment.

The date to which the first paragraph refers is

(a)  31 December 2019, where the particular year is the taxpayer’s last taxation year that began before 1 January 2020; or

(b)  9 October 2020, where the particular year is a taxation year of the taxpayer that began after 31 December 2019 and before 10 October 2020.

2003, c. 9, s. 366; 2019, c. 14, s. 419; 2021, c. 18, s. 145.

2019-06-19

1029.9.2. A taxpayer who, on 31 December of a calendar year in a taxation year, is the holder of one or more taxi owner’s permits in force, assumed in that taxation year all or almost all of the fuel cost of bringing into service any motor vehicle attached to each of those permits, and files the prescribed form containing the prescribed information along with the fiscal return the taxpayer is required to file under section 1000 for that taxation year, or would be so required to file if the taxpayer had tax payable for that taxation year under this Part, is deemed, subject to the second paragraph, to have paid to the Minister, on the taxpayer’s balance-due day for that taxation year, on account of the taxpayer’s tax payable for that taxation year under this Part, an amount equal to the lesser of the amount established in respect of the taxpayer for that taxation year under section 1029.9.3 and an amount equal to the product obtained by multiplying $584 by the number of such permits of which the taxpayer is the holder on 31 December of the calendar year.

For the purpose of computing the payments that a taxpayer is required to make under section 1025 or 1026, subparagraph a of the first paragraph of section 1027, or any of sections 1145, 1159.7, 1175 and 1175.19 where they refer to that subparagraph a, the taxpayer is deemed to have paid to the Minister, on account of the aggregate of the taxpayer’s tax payable for the year under this Part and of the taxpayer’s tax payable for the year under Parts IV, IV.1, VI and VI.1, on the date on or before which each payment is required to be made, an amount equal to the lesser of

(a)  the amount by which the amount determined under the first paragraph for the year exceeds the aggregate of all amounts each of which is the portion of that amount that may reasonably be considered to be deemed to have been paid to the Minister under this paragraph in the year but before that date; and

(b)  the amount by which the amount of that payment, determined without reference to this chapter, exceeds the aggregate of all amounts each of which is an amount that is deemed, under this chapter but otherwise than under the first paragraph, to have been paid to the Minister on that date, for the purpose of computing that payment.

2003, c. 9, s. 366; 2019, c. 14, s. 419.

2006-03-01

1029.9.2. A taxpayer who, on 31 December of a calendar year in a taxation year, is the holder of one or more taxi owner’s permits in force, assumed in that taxation year all or almost all of the fuel cost of bringing into service any motor vehicle attached to each of those permits, and files the prescribed form containing the prescribed information along with the fiscal return the taxpayer is required to file under section 1000 for that taxation year, or would be so required to file if the taxpayer had tax payable for that taxation year under this Part, is deemed to have paid to the Minister, on the taxpayer’s balance-due day for that taxation year, on account of the taxpayer’s tax payable for that taxation year under this Part, an amount equal to the lesser of the amount established in respect of the taxpayer for that taxation year under section 1029.9.3 and an amount equal to the product obtained by multiplying $500 by the number of such permits of which the taxpayer is the holder on 31 December of the calendar year.

For the purpose of computing the payments that a taxpayer is required to make under section 1025 or 1026, subparagraph a of the first paragraph of section 1027, or any of sections 1145, 1159.7, 1175 and 1175.19 where they refer to that subparagraph a, the taxpayer is deemed to have paid to the Minister, on account of the aggregate of the taxpayer’s tax payable for the year under this Part and of the taxpayer’s tax payable for the year under Parts IV, IV.1, VI and VI.1, on the date on or before which each payment is required to be made, an amount equal to the lesser of

(a)  the amount by which the amount determined under the first paragraph for the year exceeds the aggregate of all amounts each of which is the portion of that amount that may reasonably be considered to be deemed to have been paid to the Minister under this paragraph in the year but before that date; and

(b)  the amount by which the amount of that payment, determined without reference to this chapter, exceeds the aggregate of all amounts each of which is an amount that is deemed, under this chapter but otherwise than under the first paragraph, to have been paid to the Minister on that date, for the purpose of computing that payment.

2003, c. 9, s. 366.