Fish­ers’ tax case still pro­gress­ing

The Southern Gazette - - CLASSIFIED -

The case of 700 fish­ers fight­ing to ap­peal cap­i­tal gains taxes, charged on their fish li­cence buy­out pack­ages 10 years ago, is still on track ac­cord­ing to the St. John’s lawyer rep­re­sent­ing the fish­ers.

Eli Baker said there is ab­so­lutely no truth to any ru­mors that have been cir­cu­lat­ing among fish­ers about the case hav­ing been thrown out.

Mr. Baker said both sides have sub­mit­ted doc­u­ments to the court on how they feel the case should be han­dled. He said as the hol­i­day sea­son ap­proaches, it looks less and less likely any­thing will hap­pen be­fore the end of the year.

He still be­lieves the case will be heard be­fore a judge some­time in 2010.

“I have no in­ten­tion in aban­don­ing this claim. The only way this will be over is to have a judge tell us it’s over, and we haven’t had that yet.”

Fish­ers from all over At­lantic Canada, who ac­cepted a li­cence buy­out in 1999, feel they were un­fairly charged cap­i­tal gains taxes on their buy­out money. The tax clawed back nearly half the buy­out money in some cases.

Fish­ers who ac­cepted buy­outs be­fore and af­ter 1999 were not sub­ject to the same tax­a­tion.

A small group of fish­ers, who chal­lenged the tax, set­tled out of court for an undis­closed amount.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.