Versions of s. 156.1(1), definition “net tax owing”

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.

2014-12-16 to present available View Source

net tax owing by an individual for a taxation year means A is the total of the taxes payable under this Part and Parts I.2, X.5 and XI.4 by the individual for the year, B is the total of all income taxes payable by the individual for the year under any law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, C is the total of the taxes deducted or withheld under section 153 and Part I.2 on behalf of the individual for the year, D is the amount determined under subsection 120(2) in respect of the individual for the year, E is the total of all amounts deducted or withheld on behalf of the individual for the year under a law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, and F is the amount determined under subsection 120(2.2) in respect of the individual for the year. (impôt net à payer)

Full text

net tax owing by an individual for a taxation year means A is the total of the taxes payable under this Part and Parts I.2, X.5 and XI.4 by the individual for the year, B is the total of all income taxes payable by the individual for the year under any law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, C is the total of the taxes deducted or withheld under section 153 and Part I.2 on behalf of the individual for the year, D is the amount determined under subsection 120(2) in respect of the individual for the year, E is the total of all amounts deducted or withheld on behalf of the individual for the year under a law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, and F is the amount determined under subsection 120(2.2) in respect of the individual for the year. (impôt net à payer)
2012-12-14 to 2014-12-16 View Source

net tax owing by an individual for a taxation year means A is the total of the taxes payable under this Part and Parts ~~I.2~~I.2, X.5 and ~~X.5~~XI.4 by the individual for the year, B is the total of all income taxes payable by the individual for the year under any law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, C is the total of the taxes deducted or withheld under section 153 and Part I.2 on behalf of the individual for the year, D is the amount determined under subsection 120(2) in respect of the individual for the year, E is the total of all amounts deducted or withheld on behalf of the individual for the year under a law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, and F is the amount determined under subsection 120(2.2) in respect of the individual for the year.

Full text

net tax owing by an individual for a taxation year means A is the total of the taxes payable under this Part and Parts I.2, X.5 and XI.4 by the individual for the year, B is the total of all income taxes payable by the individual for the year under any law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, C is the total of the taxes deducted or withheld under section 153 and Part I.2 on behalf of the individual for the year, D is the amount determined under subsection 120(2) in respect of the individual for the year, E is the total of all amounts deducted or withheld on behalf of the individual for the year under a law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, and F is the amount determined under subsection 120(2.2) in respect of the individual for the year.
2004-08-31 to 2012-12-14 View Source

net tax owing by an individual for a taxation year means A is the total of the taxes payable under this Part and Parts I.2 and X.5 by the individual for the year, B is the total of all income taxes payable by the individual for the year under any law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, C is the total of the taxes deducted or withheld under section 153 and Part I.2 on behalf of the individual for the year, D is the amount determined under subsection 120(2) in respect of the individual for the year, E is the total of all amounts deducted or withheld on behalf of the individual for the year under a law of a province or of an Aboriginal government with which the Minister of Finance has entered into an agreement for the collection of income taxes payable by individuals to the province or Aboriginal government under that law, and F is the amount determined under subsection 120(2.2) in respect of the individual for the year.