Versions of s. 118.3(1)

I-3.3 — Income Tax Act · 2 versions · View current text

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

2017-06-22 to present available View Source

Where A × (B + C) where A is the appropriate percentage for the year, B is $6,000, and C is where the individual has not attained the age of 18 years before the end of the year, the amount, if any, by which$3,500 exceeds the amount, if any, by which the total of all amounts each of which is an amount paid in the year for the care or supervision of the individual and included in computing a deduction under section 63, 64 or 118.2 for a taxation year exceeds$2,050, and in any other case, zero.

Full text

Where A × (B + C) where A is the appropriate percentage for the year, B is $6,000, and C is where the individual has not attained the age of 18 years before the end of the year, the amount, if any, by which$3,500 exceeds the amount, if any, by which the total of all amounts each of which is an amount paid in the year for the care or supervision of the individual and included in computing a deduction under section 63, 64 or 118.2 for a taxation year exceeds$2,050, and in any other case, zero.
2004-08-31 to 2017-06-22 View Source

Where A × (B + C) where A is the appropriate percentage for the year, B is $6,000, and C is where the individual has not attained the age of 18 years before the end of the year, the amount, if any, by which$3,500 exceeds the amount, if any, by which the total of all amounts each of which is an amount paid in the year for the care or supervision of the individual and included in computing a deduction under section 63, 64 or 118.2 for a taxation year exceeds$2,050, and in any other case, zero.