Traduction de «plan de l'année courante » (Français → Anglais) :

(15) For the purposes of determining the amount that may be deducted, in respect of a particular amount that arises in a taxation year (referred to in this subsection as the “later year”) of a taxpayer, under section 111 or subsection 126(2), 127(5), 181.1(4) or 190.1(3) in computing the taxpayer’s Canadian tax results for a taxation year (referred to in this subsection as the “current year”) that ended before the later year, and for the purposes of determining the amount by which the amount included under subsection 91(1) for the current year is reduced because of a reduction referred to in paragraph 152(6.1)(b) in respect of the later ...[+++]year,

(a) the determination is to be made in a manner that reasonably reflects the fair market value of the property held in connection with the account at the beginning of the current year, including an estimate of the portion of any unallocated earnings of the plan that arose in the preceding calendar year and that can reasonably be expected to be allocated to the account in the current year; and

It must therefore table a specific plan in the House of Commons, a six year plan, and provide Parliament with a schedule for the repayment of the deficit it incurred in the current year over a six year period.

If the Minister of Finance has a deficit of under $3 billion, the bill requires him to fully repay this deficit the following year, during the next fiscal year, and therefore to present a one-year budget forecast of a $3 billion surplus the following year, so as to recover the current year's shortfall.

We act to get our management plan for the year as per the return of the previous year.

1. Member States shall report to the Commission (Eurostat) their planned and actual government deficits and levels of government debt twice a year, the first time before 1 April of the current year (year n) and the second time before 1 October of year n