Export to CSV

May 24, 1939

CON

James Earl Lawson

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. LAWSON:

Let me deal with the section. The section which is now in the act is being repealed. Section 5, subsection 1 of the Income War Tax Act now provides:

"Income" as hereinbefore defined shall for the purposes of this act be subject to the following exemptions and deductions-

(1) Interest paid in respect of succession duties or inheritance taxes.

By this amendment you do not propose to allow all interest paid in respect of inheritance taxes or succession duties, but only that portion of .the interest paid accruing due within the year in which the payment is made. If anyone suggests or expects me to accept the suggestion that that amendment is merely to make our statute conform to the practice, then I am sorry to say I cannot accept it.

Bill reported.

Topic:   INCOME WAR TAX ACT
Permalink
LIB

Walter Edward Foster (Speaker of the Senate)

Liberal
Member File Biography @ PARLINFO

Mr. SPEAKER:

When shall the said bill be read the third time?

Topic:   INCOME WAR TAX ACT
Permalink
?

Some hon. MEMBERS:

Now.

Topic:   INCOME WAR TAX ACT
Permalink
CON

James Earl Lawson

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. LAWSON:

Can this bill be read the third time now except by consent of the house?

Topic:   INCOME WAR TAX ACT
Permalink
LIB

Walter Edward Foster (Speaker of the Senate)

Liberal
Member File Biography @ PARLINFO

Mr. SPEAKER:

By leave of the house. I thought there was no objection.

Topic:   INCOME WAR TAX ACT
Permalink
CON

James Earl Lawson

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. LAWSON:

I am sorry; I am objecting. I may want to say something on the third reading of the bill.

Topic:   INCOME WAR TAX ACT
Permalink
LIB

EXCISE ACT AMENDMENT

Hon. J. L. ILSLEY (Minister of National Revenue) moved the second reading of Bill No. 143, to amend the Excise Act, 1934. Motion agreed to, bill read the second time, considered in committee, reported, read the third time and passed. Special War Revenue Act

SPECIAL WAR REVENUE ACT

Hon. J. L. ILSLEY (Minister of National Revenue) moved the second reading of Bill No. 144, to amend the Special War Revenue Act. Motion agreed to, bill read the second time and the house went into committee thereon, Mr. Sanderson in the chair. On section 1-Excise tax of three per cent on duty paid value.
CON

Charles Hazlitt Cahan

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. CAHAN:

Does this merely impose the excise tax of three per cent on the duty paid value only upon chose articles which enter under the general tariff?

Topic:   SPECIAL WAR REVENUE ACT
Permalink
LIB

James Lorimer Ilsley (Minister of National Revenue)

Liberal
Member File Biography @ PARLINFO

Mr. ILSLEY:

That is correct. It is now limited to goods imported under the general tariff.

Topic:   SPECIAL WAR REVENUE ACT
Permalink
CON

Hugh Alexander Stewart

Conservative (1867-1942)
Member File Biography @ PARLINFO

Mr. STEWART:

What is the estimated loss of revenue through the abandonment of this tax?

Topic:   SPECIAL WAR REVENUE ACT
Permalink
LIB

James Lorimer Ilsley (Minister of National Revenue)

Liberal
Member File Biography @ PARLINFO

Mr. ILSLEY:

It is estimated in the budget speech to be $14,000,000.

Topic:   SPECIAL WAR REVENUE ACT
Permalink

Section agreed to. Section 2 agreed to. On section 3-^Schedule III amended.
LIB

James Lorimer Ilsley (Minister of National Revenue)

Liberal
Member File Biography @ PARLINFO

Mr. ILSLEY:

There is an amendment to be moved to this section consequential upon a change in the customs tariff. There was a change in item 209b, a nicotine item, and the amendment is to make this section conform to that change. That is an exempt item, and the wording must be changed. The exemption is enlarged.

Topic:   SPECIAL WAR REVENUE ACT
Permalink
LIB

William Daum Euler (Minister of Trade and Commerce)

Liberal
Member File Biography @ PARLINFO

Mr. EULER:

I move:

That subsections (4), (5) and (6) of section 3 be renumbered as subsections (5), (6) and (7), and the following be inserted as subsection (4):-

"(4) Item 209b and the enumeration of goods therein contained under the heading 'Customs tariff items' in the said schedule are struck out and the following item and enumerations are substituted therefor:-

'209b-Nicotine; salts of nicotine; preparations containing nicotine in a free or combined state, for dipping, spraying or fumigating, n.o.p.' "

Topic:   SPECIAL WAR REVENUE ACT
Permalink

Amendment agreed to. Section as amended agreed to. Section 4 agreed to.
LIB

James Lorimer Ilsley (Minister of National Revenue)

Liberal
Member File Biography @ PARLINFO

Mr. ILSLEY:

There is an amendment to be moved now, in relation to a tax on matches when put up in packages of less than one hundred. It is a minor matter, to correct an anomaly that exists at the present time.

There appear to be two rates of taxation on matches when put up in packages of thirty. This is more or less a clerical matter; in some way or other they overlap, so that two rates are applicable to that particular number.

Topic:   SPECIAL WAR REVENUE ACT
Permalink

May 24, 1939