Quebec Family Allowances Income Tax Remission Order, 1992 (SI/93-42)

3 Remission of income tax is hereby granted, to every individual who received family allowances in 1992 under An Act Respecting Family Assistance Allowances of the Province of Quebec, of an amount equal to the aggregate of

• (a) the amount by which

  • (i) the amount by which

    • (A) the total amount of taxes, interest and penalties payable by the individual under Parts I, I.1 and I.2 of the Act for the 1992 taxation year

    exceeds

    • (B) the amount, if any, deemed under subsection 120(2) of the Act to have been paid by the individual on account of the individual’s tax under Part I of the Act for the 1992 taxation year

  exceeds

  • (ii) the excess amount that would be determined under subparagraph (i) for the 1992 taxation year if no amount were included in computing the individual’s income for that year with respect to family allowances received under An Act Respecting Family Assistance Allowances of the Province of Quebec in that year, and

• (b) the amount by which

  • (i) the total of all amounts, each of which is an amount that would be deemed under subsections 122.2(1) or 122.5(3) of the Act to have been paid by the individual on account of the individual’s tax under Part I of the Act for the 1992 taxation year, if no amount were included in computing the individual’s income for that year with respect to family allowances received under An Act Respecting Family Assistance Allowances of the Province of Quebec in that year

  exceeds

  • (ii) the total of all amounts, each of which is an amount deemed under subsections 122.2(1) or 122.5(3) of the Act to have been paid by the individual on account of the individual’s tax under Part I of the Act for the 1992 taxation year.