| 19(1) | 5-8909 |
| A. Humenuk | |
| (613) 957-2135 |
December 6, 1989
Dear Sirs:
Re: Requirement to Remit Installments of Tax
We are responding to your letter of October 13, 1989, concerning the application of subsection 156(1) of the Income Tax Act (the "Act") in a given fact situation.
We understand that this issue is the subject of a notice of objection which you have filed on behalf of one of your clients. Once a matter has become the subject of a notice of objection, we prefer that you discuss the matter directly with the Appeals Division of your local district taxation office. However, in this instance we offer the following comments based on the limited information provided.
24(1)
Subsection 153(2) of the Act applies to the situation where amounts have been deducted or withheld from the individual's remuneration and other payments and the total of such remuneration and other payments exceeds three quarters of the individual's net income.
24(1)
We trust this has clarified our position.
Yours truly,
P.D. Fuoco for Director Business and General Division Specialty Rulings DirectorateLegislative and Intergovernmental Affairs Branch