July 26, 1944 (19th Parliament, 5th Session)

LIB

Colin William George Gibson (Minister of National Revenue)

Liberal

Mr. GIBSON:

Of course the succession duty department is within its rights, as it only issues the certificate when the estate has been cleared up. The outstanding accounts of the estate are not definitely known until the income tax liability has been settled, and con-
Succession Duty Act

sequently the estate is not closed up until all outstanding accounts are provided for, and until the outstanding income tax liability is determined the estate cannot be finally settled. So that the succession duty branch has no other course than to make sure that all debts owing by the estate are accounted for before the estate is wound up.

Topic:   DOMINION SUCCESSION DUTY ACT
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