PUB2 101D2 Lecture Notes - Lecture 17: Ultra Vires, Direct Tax, Indirect Tax

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Hogg, financial arrangements 6. 1-6. 9: the rowell sirois commission in 1940 recommended a system of equalization payments whereby a federal government would make special grants to the poorer provinces. It was rejected until 1957 when it became a national plan. 3 standard taxes: personal income, corporate income and inheritances. Federal power: 91(3) the raising of money by any mode or system of taxation. Provincial power: 92(2) direct taxation within the province in order to raise a revenue for provincial purposes. A direct tax is paid directly by an individual or organization to an imposing entity. A taxpayer, for example, pays direct taxes to the government for different purposes, including real property tax, personal property tax, income tax or taxes on assets. (if you pay it, its direct) Mill"s definition: a direct tax is one which is demanded from the very person who it is intended or desired should pay it.

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