Indians and Bands on certain Indian Settlements Remission Order (SI/92-102)

Regulations are current to 2013-05-26

Indians and Bands on certain Indian Settlements Remission Order

SI/92-102

FINANCIAL ADMINISTRATION ACT

Registration 1992-06-03

Order Respecting the Remission of Certain Income Taxes Payable by Indians and of the Goods and Services Tax Payable by Indians or by Bands or Designated Corporations on Certain Indian Settlements

P.C. 1992-1052  1992-06-03

His Excellency the Governor General in Council, considering that it is in the public interest to do so, is pleased hereby, on the recommendation of the Minister of National Revenue, pursuant to subsection 23(2)Footnote * of the Financial Administration Act, to make the annexed Order respecting the remission of certain income taxes payable by Indians and of the goods and services tax payable by Indians or by bands or designated corporations on certain Indian settlements.

SHORT TITLE

1. This Order may be cited as the Indians and Bands on certain Indian Settlements Remission Order.

INTERPRETATION

2. In this Order,

“band”

“band” has the same meaning as in subsection 2(1) of the Indian Act; (bande)

“designated corporation”

“designated corporation” means the Ouje-Bougoumou Development Corporation or the Ouje-Bougoumou Eenuch Association; (société désignée)

“Indian”

“Indian” has the same meaning as in subsection 2(1) of the Indian Act; (Indien)

“Indian settlement”

“Indian settlement” means an area that is named and described in the schedule but does not include an area that is

“reserve”

“reserve” has the same meaning as in subsection 2(1) of the Indian Act. (réserve)

PART I

INCOME TAXES

Interpretation

  • 3. (1) For the purposes of this Part,

    “Act”

    “Act” means the Income Tax Act; (Loi)

    “tax”

    “tax” means tax under Parts I, I.1 and I.2 of the Act. (impôt)

  • (2) All other words and expressions used in this Part have the same meaning as in the Act.

Remission of Income Tax

4. Remission is hereby granted to a taxpayer who is an Indian in respect of each taxation year after 1992 of the amount, if any, by which the taxes, interest and penalties payable by the taxpayer for the taxation year under the Act exceed the taxes, interest and penalties that would have been payable by the taxpayer for the year under the Act if the Indian settlements were reserves throughout the year.

  • SI/94-145, s. 1.

PART II

GOODS AND SERVICES TAX

Interpretation

  • 5. (1) For the purposes of this Part,

    “Act”

    “Act” means the Excise Tax Act; (Loi)

    “tax”

    “tax” means the goods and services tax imposed under Division II of Part IX of the Act. (taxe)

  • (2) All other words and expressions used in this Part have the same meaning as in Part IX of the Act.