GARNISHMENT POLICY

. The request is to be made in writing (a Garnishment Notice)
c. The third party is required to make payment within the time
stipulated in the Garnishment Notice
d. The money paid goes toward payment of the tax debtor’s debt
IV. WHAT MONEYS ARE SUBJECT TO GARNISHMENT?
The moneys may be paid over in a single payment (lump sum) or over
time. The statute describes the type of funds which may be paid over
periodically.
STATUTORY PROVISION 2
Section 40B (2)
….. moneys otherwise payable by the person to the tax debtor as
interest, rent, remuneration, a dividend, an annuity or other periodic
payment, …….
Examples of funds subject to garnishment whether by lump sum or
periodic payment are:
Salary, wages, commissions, bonuses, or similar amounts;
Amounts due to a contractor or subcontractor for labour, goods or
services;
Rent or lease payments;
Fees or other amounts owed by clients to professionals such as
lawyers, accountants, consultants, dentists and architects;
Annuity payments;
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