I-3 - Taxation Act

Section 1029.8.36.59.10 Disposition versions

2021-06-02

1029.8.36.59.10. (Repealed).

2003, c. 9, s. 284; 2021, c. 14, s. 145.

2006-03-01

1029.8.36.59.10. An eligible taxpayer who, for a taxation year, holds an information return issued by the Société de l’assurance automobile du Québec in respect of a taxi owner’s permit of which the taxpayer is the holder in the year and who applies therefor in the fiscal return the taxpayer is required to file for the year under section 1000, or would be so required to file if the taxpayer had tax payable for the year under this Part, is deemed, subject to the second paragraph, to have paid to the Minister on the taxpayer’s balance-due day for the year, for each such permit in respect of which the taxpayer holds such an information return, an amount equal to the product obtained by multiplying $500 by the proportion, which may not exceed 1, that the number of days in the portion, in the year, of the eligibility period relating to an eligible vehicle of the eligible taxpayer is of 365.

For the purpose of computing the payments that an eligible taxpayer is required to make under section 1025 or 1026, subparagraph a of the first paragraph of section 1027, or any of sections 1145, 1159.7, 1175 and 1175.19 where they refer to that subparagraph a, the taxpayer is deemed to have paid to the Minister, on account of the aggregate of the taxpayer’s tax payable for the year under this Part and of the taxpayer’s tax payable for the year under Parts IV, IV.1, VI and VI.1, on the date on or before which each payment is required to be made, an amount equal to the lesser of

(a)  the amount by which the amount determined under the first paragraph for the year exceeds the aggregate of all amounts each of which is the portion of that amount that may reasonably be considered to be deemed to have been paid to the Minister under this paragraph in the year but before that date; and

(b)  the amount by which the amount of that payment, determined without reference to this chapter, exceeds the aggregate of all amounts each of which is an amount that is deemed, under this chapter but otherwise than under the first paragraph, to have been paid to the Minister on that date, for the purpose of computing that payment.

2003, c. 9, s. 284.