Bills All Sessions January 17, 1994, to present

[...] (10) Offset of Interest: introduces a mechanism for the offsetting of interest owed to a corporation on the overpayment of income taxes and concurrent interest owed by the corporation on the underpayment of income taxes

[...] (13) Tax Co-ordination with First Nations: integrates the federal income tax system with personal income tax imposed by an Aboriginal government in Canada

[...] (14) Demutualization of Insurance Corporations: provides income tax rules for the demutualization of insurance corporations

[...] This Act may be cited as the Income Tax Amendments Act, 1999.

[...] ``property'' « bien » ``property'' has the meaning assigned by subsection 248(1) of the Income Tax Act.

[...] Tax Convention (1980) and to amend the Income Tax Conventions Interpretation Act, the Old Age Security Act, the War Veterans Allowance Act and certain Acts related to the Income Tax Act''.

[...] SUMMARY These amendments implement the draft income tax measures announced in the February 1998 budget, as well as several other announced measures.

[...] (17) Assessments: ensures that the Minister of National Revenue may advance alternative arguments in support of an income tax assessment after the normal reassessment period has expired. 46-47-48 ELIZABETH II CHAPTER 22 An Act to amend the Income Tax Act, to implement measures that are consequential on changes to the Canada-U.S.

[...] This Act may be cited as the Income Tax Amendments Act, 1998.

[...] PART 1 R.S., c. 1 (5th Supp.); 1994, cc. 7, 8, 13, 21, 28, 29, 38, 41; 1995, cc. 1, 3, 11, 18, 21, 38, 46; 1996, cc. 11, 21, 23; 1997, cc. 10, 12, 25, 26; 1998, cc. 19, 21, 34 INCOME TAX ACT 2. (1) Subparagraph 6(1)(b)(viii) of the Income Tax Act is repealed

[...] Bill C-28 RECOMMENDATION His Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled ``An Act to amend the Income Tax Act, the Income Tax Application Rules, the Bankruptcy and Insolvency Act, the Canada Pension Plan, the Children's Special Allowances Act, the Companies' Creditors Arrangement Act, the Cultural Property Export and Import Act, the Customs Act, the Customs Tariff, the Employment Insurance Act, the Excise Tax Act, the Federal-Provincial Fiscal Arrangements Act, the Income Tax Conventions Interpretation Act, the Old Age Security Act, the Tax Court of Canada Act, the Tax Rebate Discounting Act, the Unemployment Insurance Act, the Western Grain Transition Payments Act and certain Acts related to the Income Tax Act''.

[...] SUMMARY These amendments implement the draft income tax measures announced in the February 1997 budget and the technical amendments to the Income Tax Act and related statutes originally included in Bill C-69.

[...] The income tax amendments of greater significance are summarized below

[...] (7) Changes of Tax Status of Corporations: provides rules that apply when a corporation becomes or ceases to be exempt from income tax

[...] This Act may be cited as the Income Tax Amendments Act, 1997.

[...] Income Tax Act 45-46.       

[...] Income Tax Amendments Act, 2000 PART 2 GENERAL AMENDMENTS TO THE INCOME TAX ACT AND OTHER ACTS AS A CONSEQUENCE 47-195.       

[...] Income Tax Act 196-197.       

[...] Income Tax Act PART 4 COORDINATING AMENDMENTS 280.       

[...] This Act may be cited as the Income Tax Amendments Act, 2006.

[...] Bill C-22 RECOMMENDATION Her Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled ``An Act to amend the Income Tax Act, the Income Tax Application Rules, certain Acts related to the Income Tax Act, the Canada Pension Plan, the Customs Act, the Excise Tax Act, the Modernization of Benefits and Obligations Act and another Act related to the Excise Tax Act''.

[...] (12) Non-Resident-Owned Investment Corporations: phases out, over a three-year period, the special income tax regime for this type of corporation

[...] (18) Foreign Branch Banking: provides amendments to the Income Tax Act to accommodate branches of foreign banks operating in Canada

[...] This Act may be cited as the Income Tax Amendments Act, 2000.

[...] TECHNICAL AMENDMENTS TO THE INCOME TAX ACT 238.

[...] C-611 Third Session, Fortieth Parliament, 59 Elizabeth II, 2010 HOUSE OF COMMONS OF CANADA BILL C-611 An Act regarding the inclusion of Haida Gwaii as a prescribed northern zone under the Income Tax Act first reading, December 15, 2010 Mr.

[...] Cullen 403262 SUMMARY This enactment requires the Governor in Council to amend section 7303.1 of the Income Tax Regulations to include Haida Gwaii as a prescribed northern zone so that residents of those islands are eligible for the northern residents deductions.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 3rd Session, 40th Parliament, 59 Elizabeth II, 2010 house of commons of canada BILL C-611 An Act regarding the inclusion of Haida Gwaii as a prescribed northern zone under the Income Tax Act Preamble Whereas the Parliament of Canada recognizes that it is necessary to provide stimulus to revive the Canadian economy and, in particular, to provide stimulus to the regional economy of Haida Gwaii, which has been severely affected by downturns in the forestry and financial sectors; Whereas Haida Gwaii has a particular strategic importance in that it forms a northern border with United States territory and is the basis of Canada’s claim to the Dixon Entrance, which is an important maritime route; Whereas one rationale for the northern residents deductions is to help maintain the population in northern Canada for the defence of sovereignty; Whereas another rationale for the northern residents

[...] This Act may be cited as the Haida Gwaii Income Tax Zoning Act.

[...] The Governor in Council shall, within 60 days after the coming into force of this Act, amend section 7303.1 of the Income Tax Regulations to include Haida Gwaii as a prescribed northern zone.

[...] PART 1 CANADA - SWEDEN INCOME TAX CONVENTION Citation of Part 1 2.

[...] PART 6 CANADA - NETHERLANDS INCOME TAX CONVENTION 1986, c. 48, Part I Canada-Netherlands Income Tax Convention Act, 1986 1994, c. 17, s. 25 32.

[...] The existing taxes to which the Convention shall apply are: (a) in the case of Canada: the income taxes imposed by the Government of Canada under the Income Tax Act, (hereinafter referred to as ``Canadian tax''); (b) in the case of Sweden: (i) the National income tax, including the sailors' tax and the withholding tax on dividends; (ii) the income tax on non-residents; (iii) the income tax on non-resident artistes and athletes; and (iv) the municipal income tax; (hereinafter referred to as ``Swedish tax''). 2.

[...] Short title PART 1 CANADA - SWEDEN INCOME TAX CONVENTION 2.

[...] Canada-Netherlands Income Tax Convention Act, 1986 33.

[...] Bill C-92 RECOMMENDATION His Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled ``An Act to amend the Income Tax Act, the Income Tax Application Rules and another Act related to the Income Tax Act''.

[...] SUMMARY These amendments implement certain measures announced in the Budget of March 6, 1996 as well as Income Tax Act amendments released on March 5, 1996 concerning foreign reporting.

[...] (14) Part VI Capital Tax: extends the application of the additional Part VI tax by one year for banks and other deposit-taking institutions and by three years for life insurance corporations. 2nd Session, 35th Parliament, 45-46 Elizabeth II, 1996-97 The House of Commons of Canada BILL C-92 An Act to amend the Income Tax Act, the Income Tax Application Rules and another Act related to the Income Tax Act Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: SHORT TITLE Short title 1.

[...] This Act may be cited as the Income Tax Budget Amendments Act, 1996.

[...] PART III 1994, c. 8 AN ACT TO AMEND THE INCOME TAX ACT 74. (1) Subsection 4(5) of An Act to Amend the Income Tax Act, being chapter 8 of the Statutes of Canada, 1994, is replaced by the following: (5) Subsections (1), (2) and (4) apply to taxation years that end after December 2, 1992

[...] Income Tax Amendments Act, 2006 1.       

[...] Income Tax Act 2-44.       

[...] Income Tax Amendments Act, 2000 45-46.       

[...] Income Tax Act 47-195.       

[...] Income Tax Act 202-279.       

[...] This Act may be cited as the Income Tax Conventions Implementation Act, 1998.

[...] PART 1 CANADA-VIETNAM INCOME TAX AGREEMENT Citation of Part 1 2.

[...] This Part may be cited as the Canada-Vietnam Income Tax Agreement Act, 1998.

[...] PART 2 CANADA-CROATIA INCOME TAX AGREEMENT Citation of Part 2 8.

[...] PART 3 CANADA-CHILE INCOME TAX CONVENTION Citation of Part 3 14.

[...] Bill C-59 SUMMARY These amendments to the Income Tax Act implement certain measures announced in the Budget of February 22, 1994.

[...] (12) Mine Reclamation Funds: permits a tax deduction for contributions into these funds in the year in which the contributions are made. 42-43-44 ELIZABETH II CHAPTER 3 An Act to amend the Income Tax Act and the Income Tax Application Rules [Assented to 26th March, 1995] Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: PART I R.S., c. 1 (5th Supp.); 1994, cc. 7, 8, 13, 21, 28, 29 INCOME TAX ACT 1. (1) Subsection 6(4) of the Income Tax Act is replaced by the following: Group term life insurance (4) Notwithstanding any exception provided for in paragraph (1)(a), there shall be included in computing a taxpayer's income for a taxation year as income from an office or employment the premium in respect of any period in the year before July 1994 for any excess over $25,000 of the amount of life insurance (other than prescribed insurance) in effect on the taxpayer's life during that period under a group term life insurance

[...] Conditional amendment re Bill C-48 (6) If Bill C-48, introduced in the first session of the thirty-fifth Parliament and entitled An Act to establish the Department of Natural Resources and to amend related Acts is assented to, then, on the later of the day on which this Act is assented to and the day on which that Act comes into force, subsection 13(18.1) of the Income Tax Act is replaced by the following: Ascertainment of certain property (18.1) For the purpose of determining whether property meets the criteria set out in the Regulations in respect of prescribed energy conservation property, the Technical Guide to Class 43.1, as amended from time to time and published by the Department of Natural Resources, shall apply conclusively with respect to engineering and scientific matters. 5. (1) Subparagraph 14(1)(a)(v) of the Act is replaced by the following: (v) there shall be included in computing the taxpayer's income from the business for the year the amount determined by the formula

[...] Conditional amendment re Bill C-48 (3) If Bill C-48, introduced in the first session of the thirty-fifth Parliament and entitled An Act to establish the Department of Natural Resources and to amend related Acts is assented to, then, on the later of the day on which this Act is assented to and the day on which that Act comes into force, subparagraph 241(4)(d)(vi.1) of the Income Tax Act is replaced by the following: (vi.1) to an official of the Department of Natural Resources solely for the purpose of determining whether property is prescribed energy conservation property, 52. (1) The definition ``police collective d'assurance temporaire sur la vie'' in subsection 248(1) of the French version of the Act is repealed

[...] PART II INCOME TAX APPLICATION RULES 56. (1) Subparagraph 20(1)(b)(i) of the Income Tax Application Rules is replaced by the following: (i) for the purposes of the amended Act (other than, where paragraph 13(7)(e) of that Act applies in determining the capital cost to that other taxpayer of the property, for the purposes of paragraphs 8(1)(j) and (p) and sections 13 and 20 of that Act), that other taxpayer shall be deemed to have acquired the property at a capital cost equal to the proceeds deemed to have been received for the property by the person from whom that other taxpayer acquired the property, and (2) Subsection 20(1) of the Rules is amended by striking out the word ``and'' at the end of paragraph (a), by adding the word ``and'' at the end of paragraph (b) and by adding the following after paragraph (b): (c) where the taxpayer is deemed by subsection 110.6(19) of the amended Act to have reacquired the property, (i) for the purposes of that Act (other than, where paragraph

[...] Bill C-43 SUMMARY These amendments implement a variety of draft income tax measures that have previously been announced.

[...] (3) Advertising Expenses: implements the income tax aspects of the June 1999 agreement between Canada and the United States concerning periodicals

[...] (17) Limited Liability Partnerships: ensures that a member of a ``limited liability partnership'' (under provincial law) is not automatically a ``limited partner'' for the purposes of the Income Tax Act. 2nd Session, 36th Parliament, 48-49 Elizabeth II, 1999-2000 The House of Commons of Canada BILL C-43 An Act to amend the Income Tax Act, the Income Tax Application Rules and certain Acts related to the Income Tax Act Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: PART 1 R.S., c. 1 (5th Supp.)

[...] PART 3 1998, c. 19 INCOME TAX AMENDMENTS ACT, 1997 121. (1) Section 206 of the Income Tax Amendments Act, 1997 is amended by replacing the references to ``1999'' with references to ``2001''

[...] PART 4 1999, c. 22 INCOME TAX AMENDMENTS ACT, 1998 122. (1) Subsection 82(8) of the Income Tax Amendments Act, 1998 is replaced by the following: (8) Subsection (4) applies after February 24, 1998 except that, if on that day an individual who would, but for a tax treaty (as defined in subsection 248(1) of the Income Tax Act, as amended by this Act), be resident in Canada for the purposes of the Income Tax Act is, under the tax treaty, resident in another country, subsection (4) does not apply to the individual until the first time after February 24, 1998 at which the individual becomes, under a tax treaty, resident in a country other than Canada

[...] PART 1 CANADA-SLOVENIA INCOME TAX CONVENTION Citation of Part 1 2.

[...] PART 2 CANADA-ECUADOR INCOME TAX CONVENTION Citation of Part 2 8.

[...] PART 4 CANADA-PERU INCOME TAX CONVENTION Citation of Part 4 20.

[...] PART 5 CANADA-SENEGAL INCOME TAX CONVENTION Citation of Part 5 26.

[...] Short title PART 1 CANADA-SLOVENIA INCOME TAX CONVENTION 2.

[...] C-214 First Session, Thirty-eighth Parliament, 53 Elizabeth II, 2004  C-214 Première session, trente-huitième législature, 53 Elizabeth II, 2004 house of Commons OF CANADA   chambre des communes DU CANADA BILL C-214   PROJET DE LOI C-214 An Act to amend the Income Tax Act and the Income Tax Regulations (public safety occupations)   Loi modifiant la Loi de l’impôt sur le revenu et le Règlement de l’impôt sur le revenu (professions liées à la sécurité publique) First reading, October 15, 2004   Première lecture le 15 octobre 2004        Summary Sommaire This enactment amends the Income Tax Act and the Income Tax Regulations to add police officers, corrections officers, air traffic controllers and commercial airline pilots as persons who can benefit from a pension accrual rate of 2.33%.

[...] Le texte modifie la Loi de l’impôt sur le revenu et le Règlement de l’impôt sur le revenu afin d’ajouter les policiers, les agents des services correctionnels, les contrôleurs de la circulation aérienne et les pilotes de ligne comme personnes admissibles au taux d’accumulation des prestations de pension de 2,33 pour cent.   1st Session, 38th Parliament, 53 Elizabeth II, 2004 House of Commons of Canada Bill C-214   1re session, 38e législature, 53 Elizabeth II, 2004 Chambre des communes du Canada Projet de loi C-214       An Act to amend the Income Tax Act and the Income Tax Regulations (public safety occupations)   Loi modifiant la Loi de l’impôt sur le revenu et le Règlement de l’impôt sur le revenu (professions liées à la sécurité publique)       Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:   Sa Majesté, sur l’avis et avec le consentement du Sénat et de la Chambre des communes du

[...] income tax act   loi de l’impôt sur le revenu   L.R., ch. 1 (5e suppl.)   1.

[...] Paragraph 147.1(18)(c) of the Income Tax Act is replaced by the following: (c) specifying the manner of determining, or enabling the Minister to determine, the portion of a member’s benefits, including the benefit accrual rate of a member engaged in a public safety occupation, under a registered pension plan that is in respect of any period;   1.

[...] Subparagraph 8503(3)(g)(i) of the Income Tax Regulations is replaced by the following: (i) in the case of a member whose benefits are provided in respect of employment as a firefighter, police officer, corrections officer, air traffic controller or commercial airline pilot and for whom the formula for determining the amount of the lifetime retirement benefits can reasonably be considered to take into account public pension benefits, 2.33 per cent, and   2.

[...] C-508 Third Session, Thirty-seventh Parliament, 52-53 Elizabeth II, 2004  C-508 Troisième session, trente-septième législature, 52-53 Elizabeth II, 2004 house of Commons OF CANADA   chambre des communes DU CANADA BILL C-508   PROJET DE LOI C-508 An Act to amend the Income Tax Act and the Income Tax Regulations (public safety occupations)   Loi modifiant la Loi de l’impôt sur le revenu et le Règlement de l’impôt sur le revenu (professions liées à la sécurité publique) First reading, March 30, 2004   Première lecture le 30 mars 2004        Summary Sommaire This enactment amends the Income Tax Act and the Income Tax Regulations to add police officers, corrections officers, air traffic controllers and commercial airline pilots as persons who can benefit from a pension accrual rate of 2.33%.

[...] Le texte modifie la Loi de l’impôt sur le revenu et le Règlement de l’impôt sur le revenu afin d’ajouter les policiers, les agents des services correctionnels, les contrôleurs de la circulation aérienne et les pilotes de ligne comme personnes admissibles au taux d’accumulation des prestations de pension de 2,33 pour cent.   3rd Session, 37th Parliament, 52-53 Elizabeth II, 2004 House of Commons of Canada Bill C-508         3e session, 37e législature, 52-53 Elizabeth II, 2004 Chambre des communes du Canada Projet de loi C-508             An Act to amend the Income Tax Act and the Income Tax Regulations (public safety occupations)   Loi modifiant la Loi de l’impôt sur le revenu et le Règlement de l’impôt sur le revenu (professions liées à la sécurité publique)       Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: Sa Majesté, sur l’avis et avec le consentement du Sénat et de la Chambre

[...] income tax act   loi de l’impôt sur le revenu   L.R., ch. 1 (5e suppl.)   1.

[...] Paragraph 147.1(18)(c) of the Income Tax Act is replaced by the following: (c) specifying the manner of determining, or enabling the Minister to determine, the portion of a member’s benefits, including the benefit accrual rate of a member engaged in a public safety occupation, under a registered pension plan that is in respect of any period; 5 10 1.

[...] Subparagraph 8503(3)(g)(i) of the Income Tax Regulations is replaced by the following: (i) in the case of a member whose benefits are provided in respect of employment as a firefighter, police officer, corrections officer, air traffic controller or commercial airline pilot and for whom the formula for determining the amount of the lifetime retirement benefits can reasonably be considered to take into account public pension benefits, 2.33 per cent, and 15 20 25 2.

[...] First Session, Forty-second Parliament, 64-65 Elizabeth II, 2015-2016 HOUSE OF COMMONS OF CANADA BILL C-222 An Act to amend the Income Tax Act (Canada-Barbados Income Tax Agreement) FIRST READING, February 17, 2016 Mr.

[...] Ste-Marie 421106 SUMMARY This enactment amends the Income Tax Act in order to include, in the definition “taxable Canadian business”, any business that is entitled to a special tax benefit conferred by Barbados under the Canada-Barbados Income Tax Agreement Act, 1980.

[...] Available on the House of Commons website at the following address: www.ourcommons.ca 1st Session, 42nd Parliament, 64-65 Elizabeth II, 2015-2016 HOUSE OF COMMONS OF CANADA BILL C-222 An Act to amend the Income Tax Act (Canada-Barbados Income Tax Agreement) R.‍S.‍, c. 1 (5th Supp.‍)

[...] Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:1 The definition taxable Canadian business in subsection 95(1) of the Income Tax Act is replaced by the following: taxable Canadian business, at any time, of a foreign affiliate of a taxpayer resident in Canada or of a partnership of which a foreign affiliate of a taxpayer resident in Canada is a member (which foreign affiliate or partnership is referred to in this definition as the “operator”), means a business (a) the income from which Insertion start (i) Insertion end is, or would be if there were income from the business for the operator’s taxation year or fiscal period that includes that time, included in computing the foreign affiliate’s taxable income earned in Canada for a taxation year under subparagraph 115(1)‍(a)‍(ii), and Insertion start (ii) Insertion end is not, or would not be if there were income from the business for the operator’s taxation year or fiscal

[...] period that includes that time, exempt, because of a tax treaty with a country, from tax under this Part, or (b) Insertion start that is entitled to a special tax benefit conferred by Barbados under the Canada-Barbados Income Tax Agreement Act, 1980; Insertion end (entreprise canadienne impo­sable) Published under authority of the Speaker of the House of Commons

[...] C-457 First Session, Thirty-ninth Parliament, 55-56 Elizabeth II, 2006-2007 HOUSE OF COMMONS OF CANADA BILL C-457 An Act to amend the Income Tax Act (interest rates on debts owed) and to make a consequential amendment to the Income Tax Regulations first reading, June 12, 2007 Mr.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 39th Parliament, 55-56 Elizabeth II, 2006-2007 house of commons of canada BILL C-457 An Act to amend the Income Tax Act (interest rates on debts owed) and to make a consequential amendment to the Income Tax Regulations Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.S., c. 1 (5th Supp.)

[...] INCOME TAX ACT 1.

[...] Rate of interest — monthly (2) For the purposes of paragraph 16.1(1)(d) of this Act and subsection 1100(1.1) of the Income Tax Regulations, the interest rate in effect during any month is the rate that is one percentage point greater than the rate that was, during the month before the immediately preceding month, the average yield, expressed as a percentage per year rounded to two decimal points, prevailing on all outstanding domestic Canadian-dollar Government of Canada bonds on the last Wednesday of that month with a remaining term to maturity of over 10 years, as first published by the Bank of Canada. 2.

[...] Paragraph (b) of the definition “prescribed” in section 248 of the Act is replaced by the following: (b) in any other case, prescribed by this Act or by regulation or determined in accordance with rules prescribed by regulation; C.R.C., c. 945 INCOME TAX REGULATIONS 3.

[...] C-202 First Session, Forty-first Parliament, 60 Elizabeth II, 2011 HOUSE OF COMMONS OF CANADA BILL C-202 An Act to amend the Income Tax Act (death benefit) first reading, June 8, 2011 NOTE 2nd Session, 41st Parliament This bill was introduced during the First Session of the 41st Parliament.

[...] Charlton 411074 SUMMARY This enactment amends the Income Tax Act to eliminate any income tax payable on a death benefit received under the Canada Pension Plan or a provincial pension plan.

[...] Available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 41st Parliament, 60 Elizabeth II, 2011 house of commons of canada BILL C-202 An Act to amend the Income Tax Act (death benefit) R.S., c. 1 (5th Supp.)

[...] Paragraph 56(1)(a.1) of the Income Tax Act is repealed. 2.

[...] C-457 First Session, Thirty-ninth Parliament, 55-56 Elizabeth II, 2006-2007 HOUSE OF COMMONS OF CANADA BILL C-457 An Act to amend the Income Tax Act (interest rates on debts owed) and to make a consequential amendment to the Income Tax Regulations first reading, June 12, 2007 NOTE 2nd Session, 39th Parliament This bill was introduced during the First Session of the 39th Parliament.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 39th Parliament, 55-56 Elizabeth II, 2006-2007 house of commons of canada BILL C-457 An Act to amend the Income Tax Act (interest rates on debts owed) and to make a consequential amendment to the Income Tax Regulations Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.S., c. 1 (5th Supp.)

[...] INCOME TAX ACT 1.

[...] Rate of interest — monthly (2) For the purposes of paragraph 16.1(1)(d) of this Act and subsection 1100(1.1) of the Income Tax Regulations, the interest rate in effect during any month is the rate that is one percentage point greater than the rate that was, during the month before the immediately preceding month, the average yield, expressed as a percentage per year rounded to two decimal points, prevailing on all outstanding domestic Canadian-dollar Government of Canada bonds on the last Wednesday of that month with a remaining term to maturity of over 10 years, as first published by the Bank of Canada. 2.

[...] Paragraph (b) of the definition “prescribed” in section 248 of the Act is replaced by the following: (b) in any other case, prescribed by this Act or by regulation or determined in accordance with rules prescribed by regulation; C.R.C., c. 945 INCOME TAX REGULATIONS 3.

[...] First Session, Forty-second Parliament, 64-65-66-67 Elizabeth II, 2015-2016-2017-2018 HOUSE OF COMMONS OF CANADA BILL C-399 An Act to amend the Income Tax Act (disability tax credit) FIRST READING, March 21, 2018 Mr.

[...] Kmiec 421455 SUMMARY This enactment amends the Income Tax Act to reduce from 14 to 10 the number of hours necessary for an activity to be eligible for the tax credit for mental or physical impairment, and to include certain activities in the computation of that time.

[...] Available on the House of Commons website at the following address: www.ourcommons.ca 1st Session, 42nd Parliament, 64-65-66-67 Elizabeth II, 2015-2016-2017-2018 HOUSE OF COMMONS OF CANADA BILL C-399 An Act to amend the Income Tax Act (disability tax credit) Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:Short TitleShort title 1 This Act may be cited as the Fairness for Persons with Disabilities Act.

[...] R.‍S.‍, c. 1 (5th Supp.‍)Income Tax Act 2 (1) Subparagraph 118.‍3(1)‍(a.‍1)‍(ii) of the Income Tax Act is replaced by the following: (ii) Insertion start must Insertion end be administered at least three times each week for a total duration averaging not less than Insertion start 10 Insertion end hours a week, and(2) The portion of subsection 118.‍3(1.‍1) of the Act before paragraph (a) is replaced by the following: Time spent on therapy (1.‍1) For the purpose of paragraph 118.‍3(1)‍(a.‍1), in determining whether therapy Insertion start must Insertion end be administered at least three times each week for a total duration averaging not less than Insertion start 10 Insertion end hours a week, the time spent on administering therapy(3) Paragraph 118.‍3(1.‍1)‍(b) of the Act is replaced by the following: (b) subject to paragraph (d), in the case of therapy that requires a regular dosage of medication Insertion start or intake of medical food or medical formula Insertion end that

[...] S-215 First Session, Thirty-ninth Parliament, 55 Elizabeth II, 2006 SENATE OF CANADA BILL S-215 An Act to amend the Income Tax Act in order to provide tax relief first reading, May 17, 2006 THE HONOURABLE SENATOR AUSTIN, P.C. 0603-2 SUMMARY This enactment (a) reduces the lowest federal income tax rate from 16% to 15%, effective January 1, 2005; and (b) increases the basic personal amount — the amount of income that Canadians can earn without paying federal income tax — by $500 effective January 1, 2005, and makes consequential amendments to other personal amounts.

[...] Available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 39th Parliament, 55 Elizabeth II, 2006 senate of canada BILL S-215 An Act to amend the Income Tax Act in order to provide tax relief Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.S., c. 1(5th Supp.)

[...] INCOME TAX ACT 1. (1) Subsection 117(2) of the Income Tax Act is replaced by the following: Rates for yearsafter 2004 (2) The tax payable under this Part by an individual on the individual’s taxable income or taxable income earned in Canada, as the case may be, (in this subdivision referred to as the “amount taxable”) for a taxation year is (a) 15% of the amount taxable, if the amount taxable does not exceed $35,595; (b) $5,339 plus 22% of the amount by which the amount taxable exceeds $35,595, if the amount taxable exceeds $35,595 and does not exceed $71,190; (c) $13,170 plus 26% of the amount by which the amount taxable exceeds $71,190, if the amount taxable exceeds $71,190 and does not exceed $115,739; and (d) $24,753 plus 29% of the amount by which the amount taxable exceeds $115,739, if the amount taxable exceeds $115,739

[...] First Session, Forty-fourth Parliament, 70-71 Elizabeth II – 1-2 Charles III, 2021-2022-2023-2024 HOUSE OF COMMONS OF CANADA BILL C-410 An Act to amend the Income Tax Act (campgrounds) FIRST READING, June 19, 2024 Ms.

[...] Rood 441370 SUMMARY This enactment amends the Income Tax Act to exclude campgrounds from the definition “specified investment business”.

[...] Available on the House of Commons website at the following address: www.ourcommons.ca 1st Session, 44th Parliament, 70-71 Elizabeth II – 1-2 Charles III, 2021-2022-2023-2024 HOUSE OF COMMONS OF CANADA BILL C-410 An Act to amend the Income Tax Act (campgrounds) His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.‍S.‍, c. 1 (5th Supp.‍)

[...] Income Tax Act1 The portion of the definition specified investment business in subsection 125(7) of the Income Tax Act before paragraph (a) is replaced by the following: specified investment business, carried on by a corporation in a taxation year, means a business (other than a business carried on by a credit union, a business of leasing property other than real or immovable property or Insertion start a campground business Insertion end ) the principal purpose of which is to derive income (including interest, dividends, rents and royalties) from property but, except where the corporation was a prescribed labour-sponsored venture capital corporation at any time in the year, does not include a business carried on by the corporation in the year where Published under authority of the Speaker of the House of Commons

[...] C-418 First Session, Thirty-ninth Parliament, 55-56 Elizabeth II, 2006-2007 HOUSE OF COMMONS OF CANADA BILL C-418 An Act to amend the Income Tax Act (deductibility of remuneration) first reading, March 27, 2007 Ms.

[...] Charlton 391476 SOMMARY This enactment amends the Income Tax Act to provide that a corporation may not deduct as a business expense more than one million dollars per year in respect of remuneration paid to an employee or officer of the corporation in that year.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 39th Parliament, 55-56 Elizabeth II, 2006-2007 house of commons of canada BILL C-418 An Act to amend the Income Tax Act (deductibility of remuneration) R.S., c.1 (5th Supp.)

[...] Subsection 18(1) of the Income Tax Act is amended by adding the following after paragraph (p): Limitation re salary, wages or other remuneration (p.1) an outlay or expense in excess of one million dollars incurred by a corporation in a taxation year in the form of salary, wages or other remuneration paid to an employee or officer of the corporation in the year; Published under authority of the Speaker of the House of CommonsAvailable from: Publishing and Depository Services Public Works and Government Services Canada

[...] C-351 Second Session, Fortieth Parliament, 57-58 Elizabeth II, 2009 HOUSE OF COMMONS OF CANADA BILL C-351 An Act to amend the Income Tax Act (herbal remedies) first reading, March 27, 2009 Mr.

[...] Stoffer 402046 SUMMARY The purpose of this enactment is to expand the list of allowable medical expense deductions in the Income Tax Act to include expenses incurred for a herbal remedy prescribed as a substitute for a prescription drug that would qualify as a medical expense under that Act, but which a person cannot use because he or she has severe allergies or sensitivities to that drug.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 2nd Session, 40th Parliament, 57-58 Elizabeth II, 2009 house of commons of canada BILL C-351 An Act to amend the Income Tax Act (herbal remedies) R.S., c. 1 (5th Supp.)

[...] Subsection 118.2(2) of the Income Tax Act is amended by adding the following after paragraph (n): (n.1) for any herbal remedy that is (i) purchased for use by a patient who has been certified by a medical practitioner to have a severe allergy or a severe sensitivity to a drug, medicament or other preparation or substance described in paragraph (n), and (ii) prescribed by a medical practitioner as a substitute for that drug, medicament or other preparation or substance; 2.

[...] C-253 Second Session, Thirty-ninth Parliament, 56-57 Elizabeth II, 2007-2008 HOUSE OF COMMONS OF CANADA BILL C-253 An Act to amend the Income Tax Act (deductibility of RESP contributions) AS PASSED BY THE HOUSE OF COMMONS MARCH 5, 2008 391104 SUMMARY This enactment amends the Income Tax Act to provide that contributions to a Registered Education Savings Plan are deductible from a taxpayer’s taxable income.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 2nd Session, 39th Parliament, 56-57 Elizabeth II, 2007-2008 house of commons of canada BILL C-253 An Act to amend the Income Tax Act (deductibility of RESP contributions) R.S., c. 1 (5th Supp.)

[...] Paragraph 60(i) of the Income Tax Act is replaced by the following: Premium, contribution or payment under RRSP, RESP or RRIF (i) any amount that is deductible under section 146 or 146.1 or subsection 147.3(13.1) in computing the income of the taxpayer for the year; 2. (1) Section 146.1 of the Act is amended by adding the following after subsection (2): Amount of RESP contributions deductible (2.01) There may be deducted in computing a taxpayer's income for a taxation year such amount as the taxpayer claims not exceeding the lesser of (a) the total of all contributions made by the taxpayer into a registered education savings plan in the taxation year; and (b) the RESP lifetime limit minus the total of all contributions made by the taxpayer into a registered education savings plan in previous taxation years, to a maximum of $5,000

[...] In this Act, ``Income Tax Act'' « Loi de l'impôt sur le revenu » ``Income Tax Act'' means the Income Tax Act, chapter 1 of the 5th Supplement to the Revised Statutes of Canada, 1985; ``Income Tax Application Rules'' « Règles concernant l'application de l'impôt sur le revenu » ``Income Tax Application Rules'' means the Income Tax Application Rules, chapter 2 of the 5th Supplement to the Revised Statutes of Canada, 1985.

[...] Income Tax Act 734.

[...] Income Tax Act 1992, c. 1, Sched.

[...] Income Tax Act 15.

[...] Income Tax Act 215.

[...] C-445 First Session, Thirty-eighth Parliament, 53-54 Elizabeth II, 2004-2005  C-445 Première session, trente-huitième législature, 53-54 Elizabeth II, 2004-2005 house of Commons OF CANADA   chambre des communes DU CANADA BILL C-445   PROJET DE LOI C-445 An Act to amend the Income Tax Act (female presumption in child care)   Loi modifiant la Loi de l’impôt sur le revenu (présomption de versement de la prestation fiscale canadienne pour enfants à la mère) First reading, November 16, 2005   Première lecture le 16 novembre 2005   Summary Sommaire This enactment amends the Income Tax Act by removing the presumption that the parent who receives the Canada Child Tax Benefit is the female parent and, in doing so, allows the parents to decide which parent receives the benefit.

[...] Le texte modifie la Loi de l’impôt sur le revenu afin d’en retirer la présomption que le parent à qui est versée la prestation fiscale canadienne pour enfants est la mère, permettant ainsi aux parents de décider lequel d’entre eux recevra cette prestation.   1st Session, 38th Parliament, 53-54 Elizabeth II, 2004-2005 House of Commons of Canada Bill C-445   1re session, 38e législature, 53-54 Elizabeth II, 2004-2005 Chambre des communes du Canada Projet de loi C-445       An Act to amend the Income Tax Act (female presumption in child care)   Loi modifiant la Loi de l’impôt sur le revenu (présomption de versement de la prestation fiscale canadienne pour enfants à la mère)     R.S., c. 1 (5th Supp.)

[...] Paragraphs (f) and (g) of the definition “eligible individual” in section 122.6 of the Income Tax Act are repealed.   1.

[...] C-466 Second Session, Fortieth Parliament, 57-58 Elizabeth II, 2009 HOUSE OF COMMONS OF CANADA BILL C-466 An Act to amend the Income Tax Act (transportation benefits) first reading, October 27, 2009 Ms.

[...] Savoie 402397 SUMMARY This enactment amends the Income Tax Act to provide for a tax exemption for employee transportation benefits.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 2nd Session, 40th Parliament, 57-58 Elizabeth II, 2009 house of commons of canada BILL C-466 An Act to amend the Income Tax Act (transportation benefits) R.S., c. 1 (5th Supp.)

[...] The Income Tax Act is amended by adding the following after subsection 81(3.1): Transportation benefits (3.2) There shall not be included in computing an individual’s income for a taxation year an amount received by the individual from an employer with whom the individual was dealing at arm’s length for, or reimbursement of, eligible transportation benefits.

[...] C-420 Second Session, Fortieth Parliament, 57-58 Elizabeth II, 2009 HOUSE OF COMMONS OF CANADA BILL C-420 An Act to amend the Income Tax Act (deduction for volunteer emergency service) first reading, June 16, 2009 NOTE 3rd Session, 40th Parliament This bill was introduced during the Second Session of the 40th Parliament.

[...] Hughes 402287 SUMMARY This enactment amends the Income Tax Act to allow volunteer emergency workers to deduct from their taxable income the amount of $3,000 if they performed at least 200 hours of volunteer service.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 2nd Session, 40th Parliament, 57-58 Elizabeth II, 2009 house of commons of canada BILL C-420 An Act to amend the Income Tax Act (deduction for volunteer emergency service) R.S., c. 1(5th Supp.)

[...] Section 60 of the Income Tax Act is amended by striking out “and” at the end of paragraph (y), by adding “and” after paragraph (z) and by adding the following after paragraph (z): Volunteer emergency service — 200 hours (z.1) $3,000, if the taxpayer performed in the taxation year at least 200 hours of volunteer service as an ambulance technician, a firefighter or a person who assists in the search or rescue of individuals or in other emergency situations. 2.

[...] C-246 First Session, Thirty-ninth Parliament, 55 Elizabeth II, 2006 HOUSE OF COMMONS OF CANADA BILL C-246 An Act to amend the Income Tax Act (vitamins) first reading, May 3, 2006 NOTE 2nd Session, 39th Parliament This bill was introduced during the First Session of the 39th Parliament.

[...] Smith 391225 SUMMARY The purpose of this enactment is to expand the list of allowable medical expense deductions in the Income Tax Act to include expenses incurred for vitamin supplements, mineral supplements, dietary vitamin supplements and dietary mineral supplements.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 39th Parliament, 55 Elizabeth II, 2006 house of commons of canada BILL C-246 An Act to amend the Income Tax Act (vitamins) R.S., c.1(5th Supp.)

[...] Paragraph 118.2(2)(n) of the Income Tax Act is replaced by the following: (n) for vitamin supplements, mineral supplements, dietary vitamin supplements and die­tary mineral supplements, drugs, medicaments or other preparations or substances (other than those described in paragraph (k)), manufactured, sold or represented for use in the diagnosis, treatment or prevention of a disease, disorder, abnormal physical state, or the symptoms thereof or in restoring, correcting or modifying an organic function, purchased for use by the patient as prescribed by a medical practitioner or dentist and as recorded by a pharmacist; 2.

[...] First Session, Forty-second Parliament, 64-65 Elizabeth II, 2015-2016 STATUTES OF CANADA 2016 CHAPTER 11 An Act to amend the Income Tax Act ASSENTED TO December 15, 2016 BILL C-2 RECOMMENDATION His Excellency the Governor General recommends to the House of Commons the appropriation of public revenue under the circumstances, in the manner and for the purposes set out in a measure entitled “An Act to amend the Income Tax Act”.SUMMARY This enactment amends the Income Tax Act to reduce the second personal income tax rate from 22% to 20.‍5% and to introduce a new personal marginal tax rate of 33% for taxable income in excess of $200,000.

[...] Available on the House of Commons website at the following address: www.ourcommons.ca 64-65 Elizabeth II CHAPTER 11 An Act to amend the Income Tax Act [Assented to 15th December, 2016] Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: R.‍S.‍, c. 1 (5th Supp.‍)Income Tax Act1 (1) Subsection 117(2) of the Income Tax Act is replaced by the following: Rates for taxation years after 2015 (2) The tax payable under this Part by an individual on the individual’s taxable income or taxable income earned in Canada, as the case may be (in this subdivision referred to as the “amount taxable”) for a taxation year is (a) 15% of the amount taxable, if the amount taxable is equal to or less than the amount determined for the taxation year in respect of $45,282; (b) if the amount taxable is greater than $45,282, but is equal to or

[...] C-356 Second Session, Fortieth Parliament, 57-58 Elizabeth II, 2009 HOUSE OF COMMONS OF CANADA BILL C-356 An Act to amend the Income Tax Act (volunteers) first reading, April 1, 2009 NOTE 3rd Session, 40th Parliament This bill was introduced during the Second Session of the 40th Parliament.

[...] D'Amours 402204 SUMMARY This enactment amends the Income Tax Act to provide a $500 tax credit to individuals who perform a minimum of 250 hours of volunteer work during the tax year.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 2nd Session, 40th Parliament, 57-58 Elizabeth II, 2009 house of commons of canada BILL C-356 An Act to amend the Income Tax Act (volunteers) R.S., c. 1 (5th Supp.)

[...] The Income Tax Act is amended by adding the following after section 118.7: Credit for volunteer work 118.71 (1) For the purpose of computing the tax payable under this Part by an individual for a taxation year, there may be deducted the amount of $500, when that individual performed a minimum of 250 hours, during the taxation year, of volunteer work for a registered charity, non-profit organization, municipality or public authority without receiving a salary or other form of compensation.

[...] C-225 First Session, Fortieth Parliament, 57 Elizabeth II, 2008 HOUSE OF COMMONS OF CANADA BILL C-225 An Act to amend the Income Tax Act (expenses incurred by caregivers) first reading, November 21, 2008 Mr.

[...] Stoffer 401066 SUMMARY This enactment amends the Income Tax Act to allow a taxpayer who provides care to a member of the taxpayer’s family — “member of the taxpayer's family” being defined in a broad sense — to deduct the cost of reasonably necessary goods, equipment and services purchased or leased in order to care for the individual if the individual is entitled to an impairment credit under section 118.3 of that Act.

[...] Also available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 40th Parliament, 57 Elizabeth II, 2008 house of commons of canada BILL C-225 An Act to amend the Income Tax Act (expenses incurred by caregivers) R.S., c. 1(5th Supp.)

[...] The Income Tax Act is amended by adding the following after section 118.4: Definitions 118.41 (1) The definitions in this subsection apply in this section.

[...] C-418 First Session, Thirty-eighth Parliament, 53-54 Elizabeth II, 2004-2005  C-418 Première session, trente-huitième législature, 53-54 Elizabeth II, 2004-2005 house of Commons OF CANADA   chambre des communes DU CANADA BILL C-418   PROJET DE LOI C-418 An Act to amend the Income Tax Act (vitamins)   Loi modifiant la Loi de l’impôt sur le revenu (vitamines) First reading, June 27, 2005   Première lecture le 27 juin 2005   Summary Sommaire The purpose of this enactment is to expand the list of allowable medical expense deductions in the Income Tax Act to include expenses incurred for vitamins, supplements, vitamin supplements, mineral supplements, dietary vitamin supplements or dietary mineral supplements.

[...] Le texte vise à élargir la liste des frais médicaux déductibles aux termes de la Loi de l’impôt sur le revenu afin d’y inclure les frais payés pour les vitamines, suppléments, suppléments vitaminiques, suppléments minéraux, suppléments vitaminiques alimentaires et suppléments miné-raux alimentaires.   1st Session, 38th Parliament, 53-54 Elizabeth II, 2004-2005 House of Commons of Canada Bill C-418   1re session, 38e législature, 53-54 Elizabeth II, 2004-2005 Chambre des communes du Canada Projet de loi C-418       An Act to amend the Income Tax Act (vitamins)   Loi modifiant la Loi de l’impôt sur le revenu (vitamines)     R.S., c.1 (5th Supp.)

[...] Paragraph 118.2(2)(n) of the Income Tax Act is replaced by the following: (n) for vitamins, supplements, vitamin supplements, mineral supplements, dietary vitamin supplements or dietary mineral supplements, drugs, medicaments or other preparations or substances (other than those described in paragraph (k)), manufactured, sold or represented for use in the diagnosis, treatment or prevention of a disease, disorder, abnormal physical state, or the symptoms thereof or in restoring, correcting or modifying an organic function, purchased for use by the patient as prescribed by a medical practitioner or dentist and as recorded by a pharmacist;   1.