C.C.S.M. c. I50

The Insurance Corporations Tax Act

Back to the Act

1	Definitions
2	Imposition of tax
3	Tax on special brokers
4	Exemption from tax
5	Calculation of premiums
6(1)	Meaning of "business transacted"
(2)	Premium in respect of certain group contracts
(3)	Premium in respect of certain joint contracts
7(1)	Method of payment of tax
(2)	Application for reduced quarterly payments
(3)	Payment where quarterly payments reduced
8(1)	Penalty for late payment
(2)	Penalty for underpayment
(3)	Penalty for underpayment made late
(4)	Penalty for underpayment where quarterly payments reduced
(5)	Penalty additional
(6)	Treasurer may waive penalty
8.1(1)	Refund of overpayment
(2)	No other right of recovery
9	Returns by insurers
10	Power of minister to demand information
11(1)	Appointment of inspectors to make examinations
(2)	Testimony before inspectors and production of papers
(3)	Determination of amount of insurance in certain cases
(4)	Offence and penalty
12(1)	Taxes a debt
(2)	Who is a debtor
(3)	Equivalent expressions
(4)	Where court action commenced
(5)	Application by alleged debtor
(6)	Order of restitution, etc.
13	Distress in default of payment
14(1)	Debts to Crown a lien
(2)	Certificate of debts and registration
(3)	Realization of lien
(4)	Lien in bankruptcy proceedings
15(1)	Attachment of money owing
(2)	Liability of garnishee
16(1)	Refusal to pay tax an offence
(2)	Penalty for failure to file returns, etc.
(3)	Acts of agent as acts of principal
17	Penalty for dealing with unlicensed insurer
18	Further requirements by treasurer
19(1)	Appointment of commissioners
(2)	Variation of report
20(1)	Costs of inquiry to be paid by insurer
(2)	Penalty for understating amount to be taxed
(3)	Costs
(4)	Taxation of costs
21	Remission of penalty
22	Cancellation of licence
23	No liability to municipal taxation
24(1)	Ordering of audit
(2)	Remuneration of accountant
(3)	Approval of expenses of accountant
25(1)	Custody of documents
(2)	Examination of documents
26	Reports of municipal clerks
27	Regulations
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