RULING FROM REVENUE CANADA. The amount of income tax to be deducted is dependent upon the Board receiving a ruling to its satisfaction from Revenue Canada that the income deferral scheme contemplated hereby is not unlawful and is acceptable to Revenue Canada and that the amount of income tax to be deducted may be computed on the actual salary paid to the Teacher.
Appears in 6 contracts
Samples: Elementary Teachers’ Collective Agreement, www.sdc.gov.on.ca, Secondary Teachers’ Collective Agreement
RULING FROM REVENUE CANADA. The amount of income tax to be deducted is dependent upon the Board receiving a ruling to its satisfaction from Revenue Canada RevenueCanada that the income deferral scheme contemplated hereby is not unlawful and is acceptable to Revenue Canada and that the amount of income tax to be deducted may be computed on the actual salary paid to the Teacher.
Appears in 1 contract
