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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 16, 1971, Lethbridge, Alberta 30 THE LETHBRIDGE HERALD Thursday, September 14, 1971 _ The tax column Sinokcy says: No free pass to family treasure By I. II. ASI'EIl culiar character under tax the highly imaginative Contrary lo Ihe widely held 1 -Uiey are partly income am view, an executor's job is nol a 1 a return of that the wrong person was being assessed. Tile real free 'pass to the family the trust company's trouble stemmed from ils it urged, was (he Minister of Labor who had paid the Aside from the problems of administering Lhe over this income-versus capital lo Ihe estate without telling the executor that the assets, settling family this case, the tnistee was income. The trust and negotiating estate tax assessments, the executor [he government annul ties from the Department had assumed it was capital and therefore made no many personal income tax and in due course pai( more than to deduction. The Labor department's wit- Not long ago a widow who administered her deceased husband's estate was personally fmed for being negligent in failing to report all estate assets to the estate tax Tax law provides that any non-resident who receives income from a Canadian cslaLc must pay a 15 per cent tax on the amount received. testified that a Tl slip had accompanied the payment In the L'stalt imt this was never clearly established. However the executor did admit having received a T4 slip with the pay- In a case decided by the relevant lo the Appeal Board recently the law puts the onus point was forcibly illustrated that even a professional executor lo deduct the 15 per cent tax from the mill tor can run afoul of the to the plex tax rules. The case involved a tnist company that was the the executor fails to make the deduction, he is personally liable for Ihe tax. On top tor of the estate of the careless or (CP) An eleva- Burnett, a lecturer at must pay interest at tor-feed mill Iwo miles east per cent on the tax he cily burned to Ihe ground Mr. Burnett died leaving deduct and is liable lo night in a fire of residue of his estate (o his of 10 per origin. nieces. One of the beneficiaries, j No Lax was deducted one was nijured and there Mrs. Nellie Walker lived in payment to Mrs. no estimate of damage. United the revenue of up to 20 miles an The estate mainly the omission, fanned [ho flames but a of annuity contracts, one company was prevented nearby a life insurance company tax of plus and grain stubble from three Government of Canada of S120 and a penalty of fire. annuities administered by Lhe other buildings were in Federal Department of trustee appealed, immediate vicinity of the Annuity payments have a the words of the situated on a CNR line. officials expressed FOR the heat from the blaze may have warped rails. MOBILE HOME SEIZED SASSARI, Sardinia (Reuter) Police believe they have VILLAGE of a bandit gang respon- IB MILES SOUTH OF for kidnapping at least wealthy Sardinians earlier Lots Fully year. They captured four with water, sewer, natural gas and Wednesday night as moved through the moun- NEIL WEBSTER, a i n o u s countryside wearing Office 756-3379 Residence and heavily armed with and sub-machine-guns. ment from the life insurance company annuity. J. 0. Wei- done, who heard the appeal fell that tlu's should have put the executor on ils guard. The board concluded that the money was taxable and the person liable for the lax and penalty was the person who had paid out the money to Ihe non-resident and not the per- son who had paid the money to the executor. When Ibis kind of error oc- curs, the executor is not with- out a remedy. Having paid the tax, the trust company vrah en- titled to claim repayment from the U.S. resident lo whom the money was paid. Unforfunatelv Ihis is not al- ways accomplished easily. If the beneficiary cannot be found, the execuior is out of luck. Or, if the beneficiary re fused to reimburse the execu- tor, the trust company would have !o sue in a foreign jurisdiction, prove its case, em- y'.oy experts lo testify on Cana- dian laws and so on. In many cases, the costs of collecting would exceed the fruils of vic- tory. This is not lo suggest that the present law is inequitable. On the contrary, stringent provi- sions arc required to prevent people from carelessly failing lo deduct the tax on money they pay to people who are beyond the reach of Canadian taxing authorities. But it is equally clear that the law might well be changed to permit the court to grant re- lief to people who innocently and uninlendingly run afcul of complex tax rules. It is a fiction lo operate any longer on the theory that ev- eryone is presumed to know the tax law and must be penalized for every unintended breach of the rales. Mr. Asper is a Winnipeg lawyer. WILDFIRES flE A OUISf OF POLllinOK ...700.' Valuable painting stolen PADUA, Italy (AP) An- nlher valuable painting by an early Italian master was stolen today and the head of a parlia- mentary commission asked that the army he used to step a wave of art thefts from un- guarded churches. Giuseppe Romanato, head of Hie house cf Deputies commis- of line arts, in Rome that army sentries be used "as an emergeccy mea- sure1' until means can be found Lo safeguard art in churches scattered around Italy. His suggestion came after thieves turtle off overnight with a Kith-century painting tens of thousands of dollars. It is variously attributed to Tinto- retto, a student cf the Renais- sance master Titian, and Ve- ronese, another Renaissance master. The- painting of St. Biagio was taken frcm a lillle church aj C n s t e 1 n u o v o di Teblo near Padua. Less than 24 hours ear- lier, police had recovered million worth of paintings by 15th-century masters stolen from a Venice basilica a week before. Spinal manipulation has place in medicine BANFF (CP) Spinal mani- pulation has a place in medi- cine, but it sometimes causes iniury lo Ihe spine, Dr. Mi- chael Livingston, a general praetilioner from Richmond, B.C. said here. He told delegates lo the Col- lege of Family Physicians that he has kept records on spinal injuries seen in his office dur- ing the last three years. "A total of 676 patients wilh pain, possibly of spinal origin, were examined. Of these, 172] had visited a chiropractor at some time and 12 of these re- ceived an injury." There is an enormous varia-. tion in the kind of work done j by chiropractors, he told a news conference, Some chiro- practors do treat paitents well and some work in co-opcralion with medical doctors. But there are two factors which also must be considered in any kind of spinal manipula- tion that is not done by a doc- tor, he added. One is that chiro- practors, pyshio therapists and other such people, do not have the ability to diagnose condi- tions, such as bone tumors, which cannot be cured by man- ipulation. Another is that there is some- times an unnecessary and injury-causing roughness. In his address, he described one case history in which a pa- tient came to him with severe back pain and numbness in his legs. He had been to a chiro- practor who had the patient lie face down on a table.'The chi- ropractor then stood on a high stool and jumped onlo (he pa- tients' back, landing on both knees. This is when Ihe severe pain and numbness in the legs had started. "If the family practitioner is interested and trained, he could do manipulation Dr. Livingston said. But he said there are few courses in spinal manipulation. "And not all doctors do it well, cither." Dr. Livingston said his paper was not so much intended to describe work with spinal man- ipulation but to illustrate that a single general practilioncr can make observations and do research and build up fields of valuable data. "The amount of research done in general practice in Canada is almost he said. "In the last 25 years, only 15 general practitioners have done original research in Canada." He said that without the gen- eral practilioncr lo serve as an investigator, whole fields of medicine will remain unex- plored. Observation must be accurate and sufficient, and it will, of necessity, have lo be done over a long period bul it would be most worlhwliile. I QUALITY DENTURE 0 CLINIC 1 EDDY DIETRICH I Certified Denial Mechanic I Capitol Furnilura Bldg. PHONE 338-76R4M A tIGHTGRAPE WINE WITH TROPICAL FRUIT FLAVOURS s Sale Get Medium Firm Support with Seaiy's 'Sahara Quilt' Unit! 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