17 February 1994 Administrative Letter 9403972 - LUMP SUM PAYMENT - SURVIVOR'S PENSION

By services, 3 December, 2018
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LUMP SUM PAYMENT - SURVIVOR'S PENSION
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English
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5(1)
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9403972
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Main text

Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.

Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.

		940397
XXXXXXXXXX	D. Zion

February 17, 1994

Dear XXXXXXXXXX:

We are writing in response to your letter of August 12, 1993 which was recently forwarded to this Directorate by XXXXXXXXXX Your letter concerns the taxation of a lump-sum payment of a survivor's pension.

A lump-sum survivor's pension payment received under the Canada Pension Plan is taxable in the year in which it is received. There is no provision in the Income Tax Act which would allow us to consider your request to reallocate any portion of the payment to prior years.

The only possible relief that may be available to you is a remission of tax under the Financial Administration Act. In this regard, we have forwarded your correspondence to our Technical Publications Division; that division is responsible for consideration of requests for remission of tax. Remission may be considered in certain cases involving extreme hardship, incorrect departmental action or financial hardship coupled with other extenuating circumstances. Each review involves an extensive and fully objective examination of all of the facts (including the family's financial resources) of a particular situation by senior officials of the Department. You will be contacted in due course by Mrs. Mary Evans of the Technical Publications Division concerning your situation. Mrs. Evans may be contacted by telephone at (613) 957-9229.

We trust you will find this satisfactory.

Yours truly,

P.D. Fuoco
for Director
Bilingual Services Division
Rulings Directorate
Legislative and Intergovernmental
Affairs Branch

c.c.Bill McColm

Technical Publications Division