Translation of "Future tax liability " (English → French) :

future income tax liability | deferred income tax liability | deferred tax liability | future tax liability

deferred tax credit | tax credit | future income tax liability

future income tax expense | cost of future income taxes | deferred income tax expense | deferred income taxes | deferred tax expense | future income taxes | future tax expense

unlimited tax liability [ unrestricted tax liability | full tax liability ]

contingent tax liability | latent tax liability

tax liability [ liability for tax | taxability ]

termination of tax liability | end of tax liability

exemption from tax | exemption from tax liability | tax exemption

civil and tax liability or joint liability

income tax currently payable [ income tax payable | income tax liability ]

(b) where the refund of tax, calculated for the purposes of this paragraph without reference to any interest on the overpayment or payment making up the refund, exceeds by ten dollars or more the amount estimated to be the refund of tax, the discounter, forthwith after receipt of the refund, pays or makes every reasonable effort to pay to the client the full amount of the excess and, in the event that the excess is not so paid within thirty days thereafter, forthwith remits the excess, together with a true copy of the notice referred to in paragraph 5(b), to the Receiver General to be held on account of any future tax liability of the client or to ...[+++] be paid to the client on application by the client to the Minister of National Revenue.

(b) where the refund of tax, calculated for the purposes of this paragraph without reference to any interest on the overpayment or payment making up the refund, exceeds by ten dollars or more the amount estimated to be the refund of tax, the discounter, forthwith after receipt of the refund, pays or makes every reasonable effort to pay to the client the full amount of the excess and, in the event that the excess is not so paid within thirty days thereafter, forthwith remits the excess, together with a true copy of the notice referred to in paragraph 5(b), to the Receiver General to be held on account of any future tax liability of the client or to ...[+++] be paid to the client on application by the client to the Minister of National Revenue.

Why would we ever want to encourage debt finance so governments will leave our future working population with greater tax liabilities than they now face?

Mr. Jason Kenney: Well, I find it difficult to understand how you talk about future tax relief in Canada when you've just proposed, in the CPP, to raise premiums by 73%. It seems to me that the American approach of not raising that and instead opting to put surpluses toward their unfunded liability is a more prudent approach.