Vol. 146, No. 7 — March 28, 2012
Registration
SI/2012-11 March 28, 2012
FINANCIAL ADMINISTRATION ACT
Madone Pelletier Sirois Remission Order
P.C. 2012-264 March 8, 2012
His Excellency the Governor General in Council, considering that the collection of the tax is unjust, on the recommendation of the Minister of National Revenue, pursuant to subsection 23(2) (see footnote a) of the Financial Administration Act (see footnote b), hereby makes the annexed Madone Pelletier Sirois Remission Order.
MADONE PELLETIER SIROIS REMISSION ORDER
INTERPRETATION
1. In this Order, “non-capital loss” has the same meaning as in subsection 111(8) of the Income Tax Act.
REMISSION
2. Remission is granted of a portion of the tax paid or payable by Madone Pelletier Sirois under Part Ⅰ of the Income Tax Act in the amounts of $4,111 and $3,259 for the 2002 and 2003 taxation years, respectively, and all relevant interest on those amounts.
CONDITION
3. The remission is granted on the condition that Madone Pelletier Sirois does not claim a deduction for any portion of her unused non-capital loss of $63,242 relating to the repayment in 2008 of benefits to the Commission scolaire du Fleuve-et-des-Lacs.
EXPLANATORY NOTE
(This note is not part of the Order.)
The Order remits a portion of the income tax, and all relevant interest on these amounts, paid or payable by Madone Pelletier Sirois for the 2002 and 2003 taxation years.
The amounts remitted represent the additional tax paid or payable by Ms. Pelletier Sirois as a result of circumstances that were beyond her control. The payment of these amounts represents a financial setback for Ms. Pelletier Sirois.
Footnote a
S.C. 1991, c. 24, s. 7(2)
Footnote b
R.S., c. F-11