Bill 10 (Legislature 8, Session 5)

L8 S5 8231

Alberta — Bills

BILL No. 10 of 1937 (Third Session)

An Act to amend The Income Tax Act. (Assented to , 1937.) HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, en acts as follows: 1. This Act may be cited as "The Income Tax Act Amend ment Act, 1937." 2. The Income Tax Act, being

chapter of the Statutes of Alberta, 1932, is hereby amended by inserting therein immediately after

section the following new section: "23a. Where any person who is not resident in the Prov ince carries on business regularly in the Province through an agent, and where the Superintendent is unable to obtain the information required to compute the net income of that person, he shall be assessed and taxed annually on his gross income as represented by his total sales or receipts within the Province at the rate of two per centum on the amount of the gross income; and the Superintendent shall give a notice of the a'ssessment to the pers'On assessed, fixing a date on which the tax shall be paya;ble." 3.

The said Act is further amended by striking out sec tion thereof and by substituting therefor the following: "24.-

(1) Where any person who is not resident in the Province enters the Province temporarily for the purpose of transacting business for gain, he shall be assessed and taxed on his gross income as represented by his total sales or re ceipts within the Province, at the rate of two per centum on the amount of the gross income. "

(2) The provisions of this Act as to filing of returns and notice 'Of asses'Sment and as to appeals shall not apply to the tax imposed under this section, but the tax may be assessed and levied by the Superintendent from time to time as the income accrues; and upon being as'Sessed the tax shall be due and payable forthwith." 4. This Act shall come into force 'On the day upon which it i'S assented to. FIFTH SESSION EIGHTH LEGISLATURE GEORGE VI 1937 (THIRD SESSION) BILL

An Act to amend The Income Tax Act. Received and read the First tin1e ............................. , ......... . Second time ..................................... . Third time ...................................... . RON. MR. Low. EDMONTON: A. Shnitka, King's Printer Title: 1937 (8th, 5th) Bill 10,

An Act to amend The Income Tax Act

Document details

Collection	Alberta — Bills
Citation	L8 S5 8231
Type	bill
Volume / chapter	L8 S5 8231
Language	en
Format	json
Source	PROVINCIAL
Identifier	0b9a37d9711ebaed4d8a47b9931d3bc66fad24f9

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