Translation of "Abolition lump-sum taxation " (English → French) :

Mr. Speaker, I have a petition signed by a number of my constituents in Black and Tickle and Cartwright, Labrador concerning the taxation of the Atlantic groundfish strategy lump sum payments to fishers who sold their fishing enterprises.

(Return tabled) Question No. 27 Mr. Todd Russell: With respect to tax treatments offered to the fishermen from Atlantic Canada and Quebec: (a) were the fishermen who accepted the Atlantic Fisheries Groundfish Retirement Package and who permanently gave up their fishing licences in the years 1999 and 2000 advised in writing by the Department of Fisheries and Oceans to report, at the time of filing their income tax, that the retirement lump-sum payment was to be counted as revenue from a capital gain and, if so, (i) why, (ii) why did the Department of Fisheries and Oceans issue this advice, (iii) how many fishermen did the Department of Fi ...[+++]sheries and Oceans give that advice to; (b) why did Revenue Canada or the Canada Customs and Revenue Agency agree to give certain other fishermen a different tax treatment than the one outlined above, for the same retirement years; (c) how many fishermen received that different tax treatment; (d) why did the Minister of National Revenue and the Federal Minister of Fisheries advise these former fishermen (or their survivors in the case of deceased former fishermen) to appeal to the Regional Director of Taxation in St. John’s for a review; (e) has the Regional Director of Taxation informed the affected individuals that he will not accept their appeals and, if so, why; and (f) did Revenue Canada or the Canada Customs and Revenue Agency reach an out-of-court settlement in 2007 with a certain number of fishermen who had appealed their tax treatment and, if so, (i) why, (ii) why were the fishermen involved in that out-of-court settlement required to sign a secrecy or non-disclosure document, (iii) how many fishermen were involved in that out-of-court settlement?

Taxation Mr. Peter MacKay (Pictou—Antigonish—Guysborough, CPC): Madam Speaker, pursuant to the Standing Orders it is my pleasure to table, on behalf of citizens of Pictou—Antigonish—Guysborough, a petition calling on the government to modify Canadian tax law, specifically with respect to the clawback or carry back taxation of lump sum pay equity payments, and to eliminate the taxation of interest payments retroactive to January 1, 1999.

Bill C-25 also deals with the taxation of retroactive lump-sum payments.