Vol. 140, No. 12 — June 14, 2006

Registration
SI/2006-92 June 14, 2006

FINANCIAL ADMINISTRATION ACT

Jerry Mathews Remission Order

P.C. 2006-446 June 1, 2006

Her Excellency the Governor General in Council, considering that the collection of the amount is unjust, on the recommendation of the Minister of National Revenue and the Treasury Board, pursuant to subsection 23(2.1) (see footnote a) of the Financial Administration Act, hereby remits interest charged under Part I of the Income Tax Act in the amount of $4,382.01 as of April 5, 2004, and all interest on that interest, paid or payable by Jerry Mathews.

EXPLANATORY NOTE

(This note is not part of the Order.)

The Order remits to Jerry Mathews $4,382.01, which represents interest charges on arrears of a 1983 income tax debt.

Mr. Mathews filed his 1980 to 1985 tax returns in 2000. He owed a tax balance for 1983; however, a subsequent year loss carryback eliminated the tax debt. While the taxes were eliminated, the interest that had accrued on that debt remained and arrears interest continued to accrue on that balance.

Having regard to the length of time that had elapsed and the fact that no income tax liability arose as a result of the late filings, it is just to remit the accumulated interest charges.

Footnote a

S.C. 1991, c. 24, s. 7(2)

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