Douglas Charles Abbott (Minister of Finance and Receiver General)
There cannot be two taxes. I cited the case where the husband transferred all his property to the wife. Under the law as it stood, while the income would be deemed to be in his hands, there would be nothing out of which the department could collect. Under this amendment, while it will still be deemed to be in his hands, they can collect the tax from the wife who has the revenue producing assets.
Topic: INCOME TAX ACT