Are you withdrawing this?
Evidence of meeting #53 for Finance in the 40th Parliament, 3rd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was amendment.
A recording is available from Parliament.
Evidence of meeting #53 for Finance in the 40th Parliament, 3rd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was amendment.
A recording is available from Parliament.
4:25 p.m.
Conservative
Mike Wallace Conservative Burlington, ON
Here's my point, then. I'll be quick, Mr. Chair.
Are these eight clauses down to one? This is a very interesting and sophisticated issue that I would be happy to see the finance committee tackle, but I think we need much further discussion on this.
I'll give you the example that Mr. Chong likes to use. There is an organization that is a corporation, with a board of directors and people working there who are collecting salaries. They're claiming that all the profits they make go to this certain charity, but the sales that they make and the revenue that they generate have the exact same address as the charity, which has a charitable number. The charity does exist, and they're also on the board of that charity.
He has some issues, but we need to be able to call those people and talk to them. Other than this one-clause bill, there is a broader piece coming about charities and taxes and all that.
I can't support this amendment if it does get moved, but I'm happy to tackle the issue in a further consultation as a committee member.
4:25 p.m.
Conservative
The Chair Conservative James Rajotte
The proposal is to not move the amendment, but to tackle the issue in another form. Okay.
Go ahead, Mr. Mulcair.
4:30 p.m.
NDP
Thomas Mulcair NDP Outremont, QC
I agree with Mr. Wallace. I believe we are opening a window here to something. I heard testimony, especially that of the American witness the other day who told us to be very careful. However, we cannot draft this on a napkin. It is too complex. Let us start with the most important aspect. It is a good idea to go further into this, but it will require expertise. However, if we try slapping something together at the last minute... The phrase Expressio unius est exclusio alterius applies in some cases. It could be that we identify one or two possible loopholes but leave open many others. We would then really risk opening up the field rather than closing it. We should stop here. This is what we think.
4:30 p.m.
Conservative
The Chair Conservative James Rajotte
Merci.
I sense there is consensus on that.
Is that okay, Mr. Pacetti?
4:30 p.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
Yes. I just want to put on the record that if the officials can work with us and look at this issue, I'm willing to withdraw my amendment.
4:30 p.m.
Conservative
The Chair Conservative James Rajotte
Thank you.
(Clause 1 as amended agreed to)
(On clause 2)
Now we have amendment G-2.
I will call upon Mr. Menzies to move that.
4:30 p.m.
Conservative
Ted Menzies Conservative Macleod, AB
This is adding in, after line 18.... We're simply adding in clause 2 that this applies to 2012.
We're concerned about its being misconstrued as 2011. We need time to basically get there. Government departments will need time to react.
Are there any concerns?
(Amendment agreed to) [See Minutes of Proceedings]
(Clause 2 as amended agreed to)
December 8th, 2010 / 4:30 p.m.
Conservative
The Chair Conservative James Rajotte
The final amendment we have is amendment LIB-0.1. We have an interesting numbering system. This is the Dewey decimal system for amendments.
This is to change the title of Bill C-470 by replacing the long title on page 1 with the following: “An Act to amend the Income Tax Act (disclosure of compensation--registered charities)”.
I'm going to ask Mr. Pacetti to move this.
4:30 p.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
No problem. We are going to be changing the title to make it more pertinent, as the amendment notes. It is going to read:
An Act to amend the Income Tax Act (disclosure of compensation--registered charities)
(Amendment agreed to)
4:30 p.m.
Some hon. members
Agreed.
4:30 p.m.
Some hon. members
Agreed.
4:30 p.m.
Conservative
4:30 p.m.
Some hon. members
Agreed.
4:30 p.m.
Conservative
The Chair Conservative James Rajotte
Shall the committee order a reprint of the bill as amended for the use of the House at report stage?
4:30 p.m.
Some hon. members
Agreed.
4:30 p.m.
Conservative
The Chair Conservative James Rajotte
Okay, thank you, colleagues. That's it for this bill. Thank you.
We want to thank our officials for being here as well.
4:30 p.m.
Liberal
4:30 p.m.
Conservative
The Chair Conservative James Rajotte
Yes. We have CRA and the Department of Finance.
The meeting stands adjourned.
