Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
| |
October 24, 1989 |
| Mr. L.P. Mancino |
Provincial and International |
| Director |
Relations Division |
| Source Deductions Division |
B. Fioravanti |
| |
957-2073 |
| Attention: Maurice Corbin |
File HBW 1046-2 to 13 |
Tax Deduction Tables to be Issued for all Provinces and Territories Effective January 1, 1990
Further to your memorandum of October 3, our comments are as follows:
1. Although the provincial tax payable will be 62% of the Basic Federal Tax for 1990, technically, it is only 1% increase from 1989.
2. The provincial tax reduction for Ontario should be computed as, the lesser of
(i) the provincial tax otherwise payable, and
(ii) $500 minus twice the amount in item (i).
According to the Budget, the $150 has been increased to $166 and the $225 to $250. However, as of yet, this has not been reflected in the legislation.
Subject to the above, we agree with the rates and tax data for the particular provinces used to make up the source deduction tables. We are not, however, in a position to comment on the methodology used.
C. SavageA/DirectorProvincial and InternationalRelations Division
BF/jbno4-206File copySequence fileAuthor's copyAccess to Info (2)Reading file
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© Her Majesty the Queen in Right of Canada, 1989
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© Sa Majesté la Reine du Chef du Canada, 1989
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