Income Tax Act Justice Laws

Laws and regulations income tax act tax rebate discounting act income tax conventions interpretation act income tax folios all related laws and regulations publications 5000 g general income tax and benefit guide t4012 corporation income tax guide.

Income tax act justice laws. This act shall apply to all matters concerning the calculation filing payment and assessment of the income basic tax. January 1 2013 download pdf file. Federal laws of canada table of contents income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 basic rules 5 subdivision a income or loss from an office or employment 5 basic rules. This act may be cited as the income tax act.

Income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 basic rules 5 subdivision a income or loss from an office or employment 5 basic rules 6 inclusions 8 deductions 9. As amended by finance act section wise chapter wise section no. The income tax act pdf jamaica laws online jamaica laws online. Income tax act 1 short title 2 part i income tax 2 division a liability for tax 3 division b computation of income 3 basic rules 5 subdivision a income or loss from an office or employment 5 basic rules 6 inclusions 8 deductions 9 subdivision b income or loss from a business or property.

The provisions of the income tax act and such articles as are related to tax benefits that are included in other laws shall govern any such. An act to make provision for the imposition of an income tax legislation type. 893 record s page 1 of. Taxable income 2 the taxable income of a taxpayer for a taxation year is the taxpayer s income for the year plus the additions and minus the deductions permitted by division c.

January 1 1955 last amendment. Income tax department tax laws rules acts income tax act 1961 income tax department all acts income tax act 1961 choose acts. 2 1 an income tax shall be paid as required by this act on the taxable income for each taxation year of every person resident in canada at any time in the year.