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Versions of s. 125.6(2)(a)

I-3.3 — Income Tax Act · 1 version · View current text

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

  1. 2024-06-20 to present available View Source

    if the year begins before 2023 and ends after 2022, an amount determined by the formula 0.25 × A + 0.35 × B − C where A is the total of all amounts each of which is a low threshold qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee, B is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee, and C is the amount received by the taxpayer from the Aid to Publishers component of the Canada Periodical Fund in the year;