February 25, 1949 (20th Parliament, 5th Session)

PC

John George Diefenbaker

Progressive Conservative

Mr. J. G. Diefenbaker (Lake Centre):

I wish to direct a question to the Minister of National Revenue, arising out of the statement yesterday by the Minister of Trade and Commerce to the effect that, out of the moneys of the farmers held by the wheat board, 20 cents a bushel will be payable on all crops harvested from 1945 to 1948, and that these payments will be made shortly. Will the farmers receiving this 20 cents a bushel have to regard the amount they receive as income for 1949, irrespective of the year in which the wheat was grown and sold to the wheat board?

Topic:   INCOME TAX
Subtopic:   TAX YEAR TO WHICH ADDITIONAL WHEAT PAYMENTS TO BE APPLICABLE
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