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← Historical versions

Versions of s. 118(10)

I-3.3 — Income Tax Act · 3 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2018-06-21 to present available View Source
    For the purpose of computing the tax payable under this Part by an individual for a taxation year, there may be deducted the amount determined by the formula A × B where A is the appropriate percentage for the taxation year; and B is the lesser of$1,000, and the total of all amounts, each of which is an amount included in computing the individual’s income for the taxation year from an office or employment or an amount included in the taxpayer’s income for the taxation year because of subparagraph 56(1)(r)(v).
    Full text

    For the purpose of computing the tax payable under this Part by an individual for a taxation year, there may be deducted the amount determined by the formula A × B where A is the appropriate percentage for the taxation year; and B is the lesser of$1,000, and the total of all amounts, each of which is an amount included in computing the individual’s income for the taxation year from an office or employment or an amount included in the taxpayer’s income for the taxation year because of subparagraph 56(1)(r)(v).

  2. 2009-03-12 to 2018-06-21 View Source
    For the purpose of computing the tax payable under this Part by an individual for a taxation year, there may be deducted the amount determined by the formula A × B where A is the appropriate percentage for the taxation year; and B is the lesser of$1,000, and the total of all amounts, each of which is an amount thatincluded wouldin becomputing the individual’s income for the taxation year from allan officesoffice andor employmentsemployment ifor thisan Actamount wereincluded readin withoutthe referencetaxpayer’s toincome sectionfor 8.the taxation year because of subparagraph 56(1)(r)(v).
    Full text

    For the purpose of computing the tax payable under this Part by an individual for a taxation year, there may be deducted the amount determined by the formula A × B where A is the appropriate percentage for the taxation year; and B is the lesser of$1,000, and the total of all amounts, each of which is an amount included in computing the individual’s income for the taxation year from an office or employment or an amount included in the taxpayer’s income for the taxation year because of subparagraph 56(1)(r)(v).

  3. 2007-02-21 to 2009-03-12 View Source

    For the purpose of computing the tax payable under this Part by an individual for a taxation year, there may be deducted the amount determined by the formula A × B where A is the appropriate percentage for the taxation year; and B is the lesser of$1,000, and the amount that would be the individual’s income for the taxation year from all offices and employments if this Act were read without reference to section 8.