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Versions of s. 119.1(2)

I-3.3 — Income Tax Act · 1 version

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

  1. 2015-06-23 to 2016-06-22 View Source

    For the purpose of computing the tax payable under this Part by a qualifying individual for a taxation year, there may be deducted the lesser of $2,000 and the amount determined by the formula A – B where A is the qualifying individual’s combined base tax payable for the year; and B is the qualifying individual’s combined adjusted base tax payable for the year.