O. Reg. 138/17: WITHHOLDING TAX

 

ontario regulation 138/17

made under the

Taxation Act, 2007

Made: April 3, 2017
Filed: May 15, 2017
Published on e-Laws: May 15, 2017
Printed in The Ontario Gazette: June 3, 2017

Withholding Tax

Application

1. This Regulation applies in respect of taxation years ending after December 31, 2008.

Amounts to be deducted or withheld

2. (1) For the purposes of section 137 of the Act, every person who makes a payment described in subsection 153 (1) of the Federal Act in a taxation year shall deduct or withhold therefrom, and remit to the Ontario Minister, such amount, if any, as is determined in accordance with the document or publication listed in subsection (2) of this Regulation that applies for the taxation year. 

(2) The following documents and publications, published or issued by the Canada Revenue Agency, are the documents and publications referred to in subsection (1):

1. T4032-ON Payroll Deductions Tables for Ontario.

2. T4130 Employers’ Guide – Taxable Benefits and Allowances.

3. T4008-ON Payroll Deductions Supplementary Tables – Ontario.

4. RC4157 Deducting Income Tax on Pension and Other Income and Filing the T4A Slip and Summary.

5. T4127 Payroll Deductions Formulas for Computer Programs.

(3) Subsections 100 (4) and 102 (5), and sections 106, 107, 108 and 109 of the Federal regulations apply with necessary modifications to this Regulation.

Commencement

3. This Regulation comes into force on the day it is filed.

Made by:

Charles Sousa

Minister of Finance

Date made: April 3, 2017