Justice Canada Income Tax Act

Income tax act tax rebate discounting act income tax conventions interpretation act income tax folios all related laws and regulations publications 5000 g general income tax and benefit guide t4012 corporation income tax guide p105 students and.

Justice canada income tax act. But for greater certainty nothing in this subsection shall affect the application of subsection 56 4 1 sections 74 1 to 75 and 120 4 and subsection 160 1 2 of this act and section 74 of the income tax act chapter 148 of the revised statutes of canada 1952. 2 where by reason of subsection 56 4 or 56 4 1 or sections 74 1 to 75 of this act or section 74 of the income tax act chapter 148 of the revised statutes of canada 1952 there is included in computing a taxpayer s income for a taxation year a dividend. Income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 basic rules 5 subdivision a income or loss from an office or employment 5 basic rules 6 inclusions 8 deductions 9. Canada s system of justice laws you are here.

Income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 basic rules 5 subdivision a income or loss from an office or employment 5 basic rules 6 inclusions 8 deductions 9 subdivision b income or loss from a business or property. Income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 5. 2 1 an income tax shall be paid as required by this act on the taxable income for each taxation year of every person resident in canada at any time in the year. Federal laws of canada income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 basic rules 5 subdivision a income or loss from an office or employment 5 basic rules 6 inclusions.

Home laws website home consolidated acts. 1 5th supp. Tax consequences to a person means the amount of income taxable income or taxable income earned in canada of tax or other amount payable by or refundable to the person under this act or any other amount that is relevant for the purposes of computing. Taxable income 2 the taxable income of a taxpayer for a taxation year is the taxpayer s income for the year plus the additions and minus the deductions permitted by division c.