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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 21, 1973, Lethbridge, Alberta India satellite station India's first earth station for satellite communications built at Arvi, 120 miles eas of Bombay, 18 months ago, involved Indian technical participation and the assistance of RCA Limited of Canada. The second RCA earth station, lo be located at Dehra Dun about 100 miles north of Dehli, will be operational by the middle of next year. x column March SI, 1973 THI lETKBRltKiE HIRAID _ 21 Tax department repairing public image By I. H. ASPER During Ihe laic 1960s and into to beginning of the 19706 rela- ons between Ihe Department National Revenue and its uslomers, the taxpayers of anada, deteriorated. This is particularly true in ie business community and aostly as regards small busi- ssmen. It created an un- ealthy situation, since laws are nly effective when those I a horn they apply consider them easonablp and their adminis- atton fair. One of the chiel' causes of the ;inoralization and loss of re- ject, on both sides, was thai, either the taxpayer nor Ihe tax flllector understood the other, s is fashionable to say, there as no communication. Anger in the business commu- ity rose steadily as tax reas- essments flowed from the de- artment to levy tax on trans- ctions on which tax had not reviously been levied, because f departmental practice and nterpretatioa of the rules. Indeed, thousands of iax- ayers in the business commu- nity assessed taxes in ransaclions where they bad ob- ained professional advice in advance to the effect that they would not be taxed. The confu- sion emanated from the fact that the law is capable of De- ng interpreted in many ways, and and were relying on what had been the customary and historic in- ;erpretation and practice by the department. What had happened, of of the small business commu-1 are those sections which deal nity could be traced to the fact that its members had lost con- fidence in the administration of the business community ils professional advisers course, was that the depart- ment had changed its mind and its method of interpreting the law, but hadn't really bothered to tell anyone. For example, tax planning steps which had always been considered legitimate tax min- imization, was suddenly being interpreted as illegitimate tax avoidance, or even (ax evasion. The situation reached the boiling point in 1971 during the public debate on the tax reform bill. A good deal of the hostility Ihe law and were not prepared to concede any further powers to the already omnipotent and often arbitrary Department of National Revenue. Since then, the federal gov- ernment has set out to right the situation1 and restore a more balanced relationship. Although there is still a long way to gu, some very important steps have been taken, and in the result, Hie aiood is much improved. Perhaps the most significant change in department practice is the fact that the Department of National Revenue is now communicating. Previously, few Canadians understood how the powerful department operated, or knew its attitudes. Much of the mystery has been removed Lr? a multitude of publications from the department. A modest beginning has been made in granting advance lax rulings to taxpayers seeking to know what the tax impact of a larticular transaction may be: .nformation bullelins and inter- pretation bulletins ore published the lax department regularly and can be obtained by any in- terested taxpayer. One of the most helpful publi- cations of the Department ol National Revenue is a small booklet, available to anyone who is interested, entitled "In- side Taxation, Apart trom being inter- estingly written, the booklet de- scribes the administration of Ihe new Income Tax Act, de- scribes the recent tax changes and describes the department's philosophy and practice in ad- ministering the lax laws of Can- ada. with and outline the depart- ment's attitude toward the very :horny subjects of lax planning, tax avoidance, and tax evasion. A good deal of the misunder- standing that has existed be- tween Hie business community and the tax department is that there has been some error as well as confusion in the depart- ment's understanding of these very distinct and different ac- ions. Although there may still be some quarrel as to tile depart- ncnt's thinking in this area, at least it has clarified its position. 3n this aspect, one should also read "Inside Taxation, 1372" in conjunction wilh an information circular, No. 70-9 published by the departmenl in December of 1970. The departmenl confirms that it has no objection 10 what it calls lax planning, which it de- fines to be the action of a tax- payer who arranges his attairs openly "and within Ihe frame- work his k of the law so as to keep taxes to a lude and is nol inclined lo settle Ihese cases oul of court, bin rather, in order lo a pub- lic example of offenders, and thus dissuade others from evad- ing taxes, government is taking most of the cases to court and seeking much sUffcr fines and jail sentences. There can be jio quarrel wilh this, inasmuch as lax evasion is (heft and should be treated as such. While there can be consider- able argument as to whellver an act is one of tax planning, ceplable lo Ihe department) or tax avoidance (mostly unaccep- lable to the department) there is liltlc room for doubt as lo whal constitutes lax evasion, which is, in the main, the fail- ure lo disclose one's Irue in- come. The hooktel reconnrms a very important aspecl of the govern- ment's attitude in tax evasion cases. II encourages voluntary disclosures by those who have, in '.he past, broken the law. The department puls it this Anyone inlerested in learning how the department collects several millions of dollars per day, where it is located, bow you communicate with it, and iiow it functions generally should make a point ot reading Ihis well-writlen 88 page book- let, Of very considerable interest The departmenl also recog- nizes Ihe difference belwcen lax avoidance and tax evasion. It defines tax avoidance as a series of complex steps a lax- payer may take, all strictly le- gal, in the letter of the law sense, but which have no objec- tive other than to minimization or reduction of income taxes. In cases where tax avoidance is discovered, the department says it will scrutinize the case very closely lo decide whether or not it wishes to take the case lo courl lo see if it can gel a ruling lhal will break up the lax avoidance plan. Obviously, there will always be some quarrel as to whether a laxpayer has engaged in tax planning or lax avoidance, and it would be a liltle more helpful if the departmenl would spell out more examples of the kinds of things it considers appro- priate and Ihose which it con- sider inappropriate. On the subject ol1 tax evasion, the department has recently adopled a much tougher atti- "II is deparlment policy to encourage voluntary dis- closures. Anyone who has filed a false return and subserjuenlly makes a voluntary disclosure as complete as can be reasonable expected is permitted to settle his liability by paying the tax and interest due. The depart- ment carefully checks such dis- closures. It they are incomplele or they follow Ihe com- mpflcemenl of an Investigation directly or indirectly, the dis- closures will be subject to tha imposition of penally or prose- culion as the circumstances warrant." The government policy a: to what conslitutes a voluntary disclosure by a lax evader is also covered in the information circular No. 70-9, which thai a voluntary disclosure by a taxpayer is "one which the de- partmenl cannot relate in any ivay to an investigation H has commenced for the purpose of verifying or auditing his return or his records, or indirectly by contacting certain parties for the same purposes." The government policy is to treat a disclosure as a volun- tary disclosure "if the deparl- ment. can reasonably conclude, because of the time factor ur other circumstance that the tax- payer was not aware that the department had commenced the investigations, and consequently that the confession could not have been prompted by such awareness." "Inside Taxalion 1972" does nol limit itself lo subjects such as tax avoidance, but rather, gives a very broad view of tne total adminislralion of Ihe in- come lax law of Canada. The department has made a good beginning in the last year or so in restoring public respect and confidence. (Mr. Asper Is a Winnipeg law- yer) Home Recipe Plan Takes Off Ugly Fat It's how one may lose I hulkji fat and help regain slender pounds of unsightly fat right in your own home. Use this home recipe dietary plan- It's easy, no 1 rouble at all and coata little. Just go (o your drug store and ask for Naran Reducing Plan. Pourliquid info a pint bottle and add enough grapefruit juice to fill the bottle- Take two tablespoonsful twice n tiny as needed and follow the Naran Reducing Plan. If your first purchase does not Bhow you a aim p] e easy way to lose more graceful curves', if reducible pounds and inches of excess fat don't disappear from neck, chin, anus, hips, abdomen, calves and ankles just return the empty rar- ton for your money back. Follow Hits easy way endorsed by many who have tried this plan to heJp bring back alluring curves and graceful slenderness. Note how quickly bloat disappears, much better you feel. alivt, youthful appearing and BY POPULAR DEMAND REPEAT OF A SELL-OUT! PROMOTION 9 A.M. t. 9 P.M. ONE DAY ONLY-THURSDAY, MARCH 22nd I 9 AJL TOMORROW Here's another tremendous opportunity for the budget-minded Mothers of Lethbridge and southern Alberta to clothe the family at fantastic savings! Don't miss this great savings event LOOK WHAT WILL BUY COMPLETE STOCK OFi i> Bciby Coveralls, each 25c Kiddies' Running pair Kiddies' Sandals, pair 25c Men's Caps, each............. 25c Ladies' and Girts' Sling Back, all leather shoes, pair '2Sc LOOK fTflC WILL WHATlIU BUY COMPLETE STOCK OF: Girls' Baby Doll Pyjamas, each 50c Ladies' Running Shoes, pair..... SOc Ladies' and Girls' Wrangler Hot Pants, pair SOc Men's Gabardine Work Hats, each SOc Girls' Denim Jackets. Canadian mode, each 50c Men's Vests.................. SOc 1 Kiddies' Bib Type Coveralls...... SOc Indies' and Girls' Rain Boots, pair SOc Pon't miss the biggest 1 day sale in Leth- bridge's history. Unbeatable values! Get here somehow and get here fast! Open a.m. to 9 p.m. Thurs., Mar, 22nd only. LOOK WHAT .00 WILL BUY COMPLETE STOCK OF JEANS AND SLACKS Boys' and Girls'.Sizes 8 lo 18 Kiddies' Sizes 3 to 6x Including brand name Wrangler and Top Gun Pair Ladies' Bonanza Shoes. Sizes 5-JO. (All letither) Canadian made, pair floys' and Girls' Shell Jackets, each.................. Ladies' Tee Kay Runners. Sizes 5-10, pair Men's and Boys' dress Western Straw Hals 1 Boys' Sport Shirts, long or short sleeve, each Kiddles' Sport Shirts and T-Shirts. Long or short sleeves, some flannelette. Sizes 3 to 6x, each Ladies' Vinyl Snow Beoti, piled lined, pair............... Kiddies' Rain Boots, sizes 6 to 3, pair Men's Sport Shirts, long or shorl sleeve, some perma press, each Boys' and Girls' all leather shoes Canadian made, pair Ladies' Wrangler Scrub Denim Jeans, pair Ladies' Rain Boots, pair Kiddies' Quilled Snowmobile Pants, pair Girls' Plaid Flare Slacks. Sizes 3 to 6x, pair............. Men's Shortsleeve Combinations Girls' Skirts 100% Bonded Acrylic Boys', Girls and Kiddies Flare Pants LOOK WHAT (.00 WILL BUY COMPLETE STOCK Of: Men's Western Cut Pnnls by Wrangler. Mode in U.S.A. Pair............ Canadian made Ladies' Tec Kay Maria Clairie Leather Shoes. Pair Soys' and Girls' brand nome Braves Shoes. All leather, pair ladies' Acrylic Sleeveless Vests Ladies', Girls', Kiddies' Summer Coats. Each Jeans and Slacks Wrangler and Top Gun, Pair Men's Sites 28 la 40 todies' Siaei 8 to 16. Men's Rubber Boots, pair..... Men's Kay Running Shoes Men's 4 Buckle Overshoes Men's Flare Pants Men's Cartoon Sweatshirts. L sleeves, each Men's Acrylic Nylon dress and casual shirls, short sleeves Ladies', Girls', Boys' Denim Jackets....................... Ladies' ell wool, stretchy, nylon, fortre? flare pants Men's Corduroy Shirts. Long sleeves Kiddies', girls', teenagars, ond Indies' spring end summer dress coats LOOK WHAT SJ.OO WILL BUY COMPLETE STOCK OF: Boys' showerproof Top Coats Men's, Boys', Ladies' Sweaters......... Kiddies' Winter Jackets Sires 3 to 6x. Each 53 Men's Western Shirti Each.............. Boys' All Wool Sport Jackets Each...................... Girls' and Teens' Jump Suits Complete stock of Men's and Ladies' Dress and Casual Summer Jackets............ Boys' and Girls' Camper Oxfords........... Men's Dress Shews, ail leather ALL SALES ARE FINAL-NO LOOK WHAT I .00 WILL BUY COMPLETE STOCK OF: Girls' Double Knit Suits Sizes 3-6x Men's Wrangler Blue Denim Jeans Boys' and Girls' Ankle Camper Boots.............. Wen's Everpress Golf Jackets (incl. Jack Nicklaus) 14 LOOK WHAT SC.OO WILL BUY COMPLETE STOCK OF: I Men's Winter Jackets. Sizes 36 to 46. Each...... I Ladies' and Girls' Winter Car Coals I Boys' and Girls' Winter Jackets COMPLETE STOCK OF I Bays' and Girls' Hi-Top Camper Boots Men's All-Leather Ankle Work Boots REFUNDS OR EXCHANGES J5 55 SHELDONS OPPOSITE GALT GARDENS ON 3rd AVE. S. 516 3rd AVE. S. NEXT DOOR TO BANK OF MONTREAL ;