GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Income Tax Act — I-3.3 (a)
eligible dwelling , of a qualifying individual, for a renovation period taxation year, means a housing unit (including the land subjacent to the housing unit and the immediately contiguous land, but not including the portion of that land that exceeds the greater of ½ hectare and the portion of that land that is necessary for the use and enjoyment of the housing unit as a residence) located in Canada if (a) the qualifying individual or a qualifying relation of the qualifying individual (or a trust under which the qualifying individual or a qualifying relation is a beneficiary) owns — whether jointly with another person or otherwise — at any time in the renovation period taxation year, the housing unit; and (b) the housing unit is ordinarily inhabited, or is reasonably expected to be ordinarily inhabited, within 12 months after the end of the renovation period (i) by the qualifying individual, and (ii) by a qualifying relation of the qualifying individual. ( logement admissible )
Income Tax Act — I-3.3 (a)
eligible individual , in respect of an eligible dwelling for a renovation period taxation year, means (a) an individual who ordinarily resides, or intends to ordinarily reside, in the eligible dwelling within 12 months after the end of the renovation period in respect of a qualifying renovation of the eligible dwelling and who is (i) a qualifying individual, (ii) the cohabiting spouse or common-law partner (as defined in section 122.6) of a qualifying individual at any time in the renovation period taxation year, or (iii) a qualifying relation of a qualifying individual; or (b) an individual who (i) is a qualifying relation of a qualifying individual, and (ii) owns the eligible dwelling or is the beneficiary of a trust that owns the eligible dwelling. ( particulier admissible )
Income Tax Act — I-3.3 (a)
qualifying expenditure , of an individual, means a reasonable outlay or expense that (a) is directly attributable to a qualifying renovation of an eligible dwelling in respect of which the individual is an eligible individual; (b) is made or incurred by the individual before the end of the renovation period in respect of the qualifying renovation referred to in paragraph (a); (c) is the cost of goods acquired or services received, including an outlay or expense for permits required for, or for the rental of equipment used in the course of, the qualifying renovation; and (d) is not an outlay or expense (i) for the cost of annual, recurring or routine repair or maintenance, (ii) to acquire a household appliance, (iii) to acquire an electronic home-entertainment device, (iv) that is the cost of housekeeping, security monitoring, gardening, outdoor maintenance or similar services, (v) for financing costs in respect of the qualifying renovation, (vi) in respect of goods or services provided by a person not dealing at arm’s length with the individual, unless the person is registered for the purposes of Part IX of the Excise Tax Act , or (vii) that can reasonably be considered to have been reimbursed. ( dépense admissible )
Income Tax Act — I-3.3 (a)
qualifying individual , in respect of a renovation period taxation year, means an individual who has attained the age of (a) 65 years before the end of the renovation period taxation year; or (b) 18 years before the end of the renovation period taxation year and in respect of whom an amount is deductible, or would be deductible if this Act were read without reference to paragraph 118.3(1)(c), under section 118.3 in computing a taxpayer’s tax payable under this Part for the renovation period taxation year. ( particulier déterminé )
Income Tax Act — I-3.3 (a)
qualifying relation , of a qualifying individual for a renovation period taxation year, means an individual who (a) has attained the age of 18 years before the end of the renovation period taxation year; and (b) at any time in the renovation period taxation year, is a parent, grandparent, child, grandchild, brother, sister, aunt, uncle, niece or nephew of either the qualifying individual or the cohabiting spouse or common-law partner (as defined in section 122.6) of the qualifying individual. ( proche admissible )
Income Tax Act — I-3.3 (a)
qualifying renovation means a renovation or alteration of, or addition to, an eligible dwelling of a qualifying individual that (a) is of an enduring nature and integral to the eligible dwelling; and (b) is undertaken to enable the qualifying individual to reside in the dwelling with a qualifying relation of the qualifying individual by establishing a secondary unit within the dwelling for occupancy by the qualifying individual or the qualifying relation. ( travaux de rénovation admissibles )
Income Tax Act — I-3.3 (a)
renovation period , for a qualifying renovation of an eligible dwelling, means a period that (a) begins at the time that the first qualifying expenditure is made or incurred in respect of the qualifying renovation, and (b) ends at the time of the completion of the qualifying renovation. ( période de rénovation )
Income Tax Act — I-3.3
renovation period taxation year means the taxation year in which the renovation period in respect of a qualifying renovation ends. ( année d’imposition de la période de rénovation )
Income Tax Act — I-3.3
return of income , in respect of an eligible individual for a taxation year, means the eligible individual’s return of income (other than a return of income under subsection 70(2) or 104(23), paragraph 128(2)(e) or subsection 150(4)) that is required to be filed for the taxation year or that would be required to be filed if the eligible individual had tax payable under this Part for the taxation year. ( déclaration de revenu )
Income Tax Act — I-3.3 (a)
secondary unit means a self-contained housing unit that (a) has a private entrance, kitchen, bathroom and sleeping area, (b) if applicable, meets any local requirements to qualify as a secondary dwelling unit, and (c) meets prescribed conditions, if any. ( logement secondaire )
Income Tax Act — I-3.3 122.93
 definition yearly eligible remuneration in subsection (1) to an individual in a taxation year must provide the certification described in paragraph (b) of that definition in respect of the total amount described in paragraph (a) of that definition for that individual for that year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2026, c. 3, s. 45
Income Tax Act — I-3.3
eligible health care establishment means a hospital, nursing care facility, residential care facility, community care facility for the elderly, home health care establishment and similar regulated health care establishments. ( établissement de soins de santé admissible )
Income Tax Act — I-3.3 (a)
eligible personal support worker , for a taxation year, means an individual (a) who performs duties of employment in the capacity of a personal support worker for an eligible health care establishment during the taxation year (in this definition referred to as the “duties for the year”); (b) who, in the course of performing the duties for the year, ordinarily provides one-on-one care and essential support to optimize and maintain another individual’s health, well-being, safety, autonomy and comfort consistent with that other individual’s health care needs as directed by a regulated health care professional or a provincial or community health organization; and (c) whose main duties of employment, in respect of the duties for the year, include assisting individuals with activities of daily living and mobilization. ( préposé aux services de soutien à la personne admissible )
Income Tax Act — I-3.3
return of income , filed by an eligible personal support worker for a taxation year, means a return of income (other than a return of income under subsection 70(2) or 104(23), paragraph 128(2)(e) or subsection 150(4)) that is required to be filed for the taxation year or that would be required to be filed if the eligible personal support worker had tax payable under this Part for the taxation year. ( déclaration de revenu )
Income Tax Act — I-3.3 (a)
yearly eligible remuneration of an individual for a taxation year means the total of all amounts, each of which (a) would be, in the absence of section 8 and paragraph 81(1)(a), the individual’s income for the taxation year from an office or employment as an eligible personal support worker for an eligible health care establishment in a province, other than duties performed in Newfoundland and Labrador, the Northwest Territories and British Columbia; and (b) is certified by the individual’s employer in the prescribed form and manner to be an amount that satisfies the description under paragraph (a). ( rémunération annuelle admissible )
Income Tax Act — I-3.3 123
Rate for corporations 123 (1) The tax payable under this Part for a taxation year by a corporation on its taxable income or taxable income earned in Canada, as the case may be, (in this section referred to as its “amount taxable”) for the year is, except where otherwise provided, (a) 38% of its amount taxable for the year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 1970-71-72, c. 63, s. 1“123”; 1984, c. 29, s. 90; 1986, c. 55, s. 42; 1988, c. 28, s. 250, c. 55, s. 100
Income Tax Act — I-3.3 123.1
Corporation surtax 123.1 There shall be added to the tax otherwise payable under this Part for each taxation year by a corporation (other than a corporation that was throughout the year an investment corporation or a non-resident-owned investment corporation) an amount equal to that proportion of 5% of the amount, if any, by which (a) the tax payable under this Part by the corporation for the year determined without reference to this section, sections 123.2 and 126 (except for the purposes of subsection 125(1) and section 125.1), subsections 127(3) and (5), 127.2(1) and 127.3(1) of this Act and paragraph 123(1)(b) and subsection 127(13) of the Income Tax Act , chapter 148 of the Revised Statutes of Canada, 1952, and as if subsection 124(1) of this Act were read without reference to the words “in a province” in that subsection exceeds (b) in the case of a Canadian-controlled private corporation to which subsection 125(1) applies, the amount, if any, by which (i) 15% of the least of the amounts, if any, determined under paragraphs 125(1)(a) to (c) in respect of the corporation for the year exceeds (ii) the amount, if any, determined under paragraph 125.1(1)(b) in respect of the corporation for the year, (c) in the case of a mutual fund corporation, the least of the amounts that would be determined under paragraphs (a) to (c) of the description of A in the definition refundable capital gains tax on hand in subsection 131(6) in respect of the corporation for the year if this Act were read without reference to this section, and (d) in any other case, nil that the number of days in that portion of the year that is after June 30, 1985 and before 1987 is of the number of days in the year. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 1972, c. 9, s. 2; 1985, c. 45, s. 69; 1986, s. 6, s. 69, c. 55, s. 43
Income Tax Act — I-3.3 123.2
123.2 [Repealed, 2006, c. 4, s. 72] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] R.S., 1985, c. 1 (5th Supp.), s. 123.2; 1994, c. 7, Sch. VIII, s. 61; 1996, c. 21, s. 24; 1999, c. 22, s. 45; 2001, c. 17, s. 111; 2005, c. 30, s. 9; 2006, c. 4, s. 72
Income Tax Act — I-3.3 123.3
Refundable tax — CCPC or substantive CCPC 123.3 There shall be added to the tax otherwise payable under this Part for each taxation year by a corporation that is a Canadian-controlled private corporation throughout the year — or a substantive CCPC at any time in the year — an amount equal to 10 2/3% of the lesser of (a) the corporation’s aggregate investment income for the year (within the meaning assigned by subsection 129(4)), and (b) the amount, if any, by which its taxable income for the year exceeds the least of the amounts determined in respect of it for the year under paragraphs 125(1)(a) to (c). [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 1996, c. 21, s. 25; 2016, c. 11, s. 6 2024, c. 15, s. 31
Income Tax Act — I-3.3 123.4
age for the year by the corporation’s full rate taxable income for the year. (3) [Repealed, 2003, c. 15, s. 78(5)] [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2001, c. 17, s. 112; 2003, c. 15, s. 78, c. 28, s. 12; 2006, c. 4, s. 73; 2007, c. 2, s. 32, c. 29, s. 14, c. 35, s. 181; 2013, c. 33, s. 12, c. 34, s. 261, c. 40, s. 54 2024, c. 15, s. 32
Income Tax Act — I-3.3
CCPC rate reduction percentage [Repealed, 2003, c. 15, s. 78(1)]
Income Tax Act — I-3.3 (a)
full rate taxable income of a corporation for a taxation year is (a) if the corporation is not a corporation described in paragraph (b) or (c) for the year, the amount by which that portion of the corporation’s taxable income for the year (or, for greater certainty, if the corporation is non-resident, that portion of its taxable income earned in Canada for the year) that is subject to tax under subsection 123(1) exceeds the total of (i) if an amount is deducted under subsection 125.1(1) from the corporation’s tax otherwise payable under this Part for the year, the amount obtained by dividing the amount so deducted by the corporation’s general rate reduction percentage for the taxation year, (ii) if an amount is deducted under subsection 125.1(2) from the corporation’s tax otherwise payable under this Part for the year, the amount determined, in respect of the deduction, by the formula in that subsection, (iii) the corporation’s income for the year from a personal services business, and (iv) if the corporation is a credit union throughout the year and the corporation deducted an amount for the year under subsection 125(1) (because of the application of subsections 137(3) and (4)), the amount, if any, that is the product of the amount, if any, determined for B in subsection 137(3) multiplied by the amount determined for C in subsection 137(3) in respect of the corporation for the year; (b) if the corporation is a Canadian-controlled private corporation throughout the year or a substantive CCPC at any time in the year, the amount by which that portion of the corporation’s taxable income for the year that is subject to tax under subsection 123(1) exceeds the total of (i) the amounts that would, if paragraph (a) applied to the corporation, be determined under subparagraphs (a)(i) to (iv) in respect of the corporation for the year, (ii) the least of the amounts, if any, determined under paragraphs 125(1)(a) to (c) in respect of the corporation for the year, and (iii) except for a corporation that is, throughout the year, a cooperative corporation (within the meaning assigned by subsection 136(2)) or a credit union, the corporation’s aggregate investment income for the year, within the meaning assigned by subsection 129(4); and (iv) [Repealed, 2003, c. 15, s. 78(2)] (c) if the corporation is throughout the year an investment corporation, a mortgage investment corporation or a mutual fund corporation, nil. ( revenu imposable au taux complet )
Income Tax Act — I-3.3 (a)
general rate reduction percentage of a corporation for a taxation year is the total of (a) that proportion of 7% that the number of days in the taxation year that are before 2008 is of the number of days in the taxation year, (b) that proportion of 8.5% that the number of days in the taxation year that are in 2008 is of the number of days in the taxation year, (c) that proportion of 9% that the number of days in the taxation year that are in 2009 is of the number of days in the taxation year, (d) that proportion of 10% that the number of days in the taxation year that are in 2010 is of the number of days in the taxation year, (e) that proportion of 11.5% that the number of days in the taxation year that are in 2011 is of the number of days in the taxation year, and (f) that proportion of 13% that the number of days in the taxation year that are after 2011 is of the number of days in the taxation year. ( pourcentage de réduction du taux général )
Income Tax Act — I-3.3 123.5
Tax on personal services business income 123.5 There shall be added to the tax otherwise payable under this Part for each taxation year by a corporation an amount equal to 5% of the corporation’s taxable income for the year from a personal services business. [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] 2016, c. 7, s. 62
Income Tax Act — I-3.3 (a)
bank or life insurer group member means a corporation that is (a) a bank; (b) a life insurance corporation that carries on business in Canada; or (c) a financial institution (as defined in subsection 190(1)) that is related to any corporation described in paragraph (a) or (b). ( membre d’un groupe de banques ou d’assureurs-vie )
Income Tax Act — I-3.3 124
Deduction from corporation tax 124 (1) There may be deducted from the tax otherwise payable by a corporation under this Part for a taxation year an amount equal to 10% of the corporation’s taxable income earned in the year in a province. Crown agents (3) Notwithstanding subsection 124(1), no deduction may be made under this section from the tax otherwise payable under this Part for a taxation year by a corporation in respect of any taxable income of the corporation for the year that is not, because of an Act of Parliament, subject to tax under this Part or by a prescribed federal Crown corporation that is an agent of Her Majesty. Definitions (4) In this section, province includes the Newfoundland offshore area and the Nova Scotia offshore area; ( province ) taxable income earned in the year in a province means the amount determined under rules prescribed for the purpose by regulations made on the recommendation of the Minister of Finance. ( revenu imposable gagné au cours de l’année dans une province ) [NOTE: Application provisions are not included in the consolidated text; see relevant amending Acts and regulations.] R.S., 1985, c. 1 (5th Supp.), s. 124; 1994, c. 7, Sch. VIII, s. 62
Income Tax Act — I-3.3
province includes the Newfoundland offshore area and the Nova Scotia offshore area; ( province )
Income Tax Act — I-3.3
taxable income earned in the year in a province means the amount determined under rules prescribed for the purpose by regulations made on the recommendation of the Minister of Finance. ( revenu imposable gagné au cours de l’année dans une province )
Income Tax Act — I-3.3 (a)
active asset , of a particular corporation at any time, means property that is (a) used at that time principally in an active business carried on primarily in Canada by the particular corporation or by a Canadian-controlled private corporation that is related to the particular corporation, (b) a share of the capital stock of another corporation if, at that time, (i) the other corporation is connected with the particular corporation (within the meaning assigned by subsection 186(4) on the assumption that the other corporation is at that time a payer corporation within the meaning of that subsection), and (ii) the share would be a qualified small business corporation share (as defined in subsection 110.6(1)) if (A) the references in that definition to an “individual” were references to the particular corporation, and (B) that definition were read without reference to “the individual’s spouse or common-law partner”, or (c) an interest in a partnership, if (i) at that time, the fair market value of the particular corporation’s interest in the partnership is equal to or greater than 10% of the total fair market value of all interests in the partnership, (ii) throughout the 24–month period ending before that time, more than 50% of the fair market value of the property of the partnership was attributable to property described in this paragraph or in paragraph (a) or (b), and (iii) at that time, all or substantially all of the fair market value of the property of the partnership was attributable to property described in this paragraph or in paragraph (a) or (b); ( bien actif )
Income Tax Act — I-3.3
active business carried on by a corporation means any business carried on by the corporation other than a specified investment business or a personal services business and includes an adventure or concern in the nature of trade; ( entreprise exploitée activement )
Income Tax Act — I-3.3 (a)
adjusted aggregate investment income , of a corporation (other than a corporation that is deemed not to be a private corporation by subsection 136(1) or 137(7) or section 141.1) for a taxation year, means the amount that would be the aggregate investment income (as defined in subsection 129(4)) of the corporation for the year, if (a) paragraph (a) of that definition read as follows: (a) the amount, if any, by which (i) the eligible portion of the corporation’s taxable capital gains (other than taxable capital gains from the disposition of property that is, at the time of disposition, an active asset of the corporation) for the year exceeds (ii) the eligible portion of its allowable capital losses (other than allowable capital losses from the disposition of property that is, at the time of disposition, an active asset of the corporation) for the year, or (b) subparagraph (b)(iii) of that definition read as follows: (iii) a dividend from a corporation connected with it (within the meaning assigned by subsection 186(4) on the assumption that the corporation is at that time a payer corporation within the meaning of that subsection), and (c) paragraph (a) of the definition income or loss in subsection 129(4) read as follows: (a) includes (i) the income or loss from a specified investment business carried on by it, and (ii) amounts in respect of a life insurance policy that are included in computing the corporation’s income for the year, to the extent that the amounts would not otherwise be included in the computation of the corporation’s aggregate investment income, but and (d) no amount were deducted under subsection 91(4) by the corporation in computing its income for the year; ( revenu de placement total ajusté )
Income Tax Act — I-3.3 (a)
Canadian-controlled private corporation means a private corporation that is a Canadian corporation other than (a) a corporation controlled, directly or indirectly in any manner whatever, by one or more non-resident persons, by one or more public corporations (other than a prescribed venture capital corporation), by one or more corporations described in paragraph (c), or by any combination of them, (b) a corporation that would, if each share of the capital stock of a corporation that is owned by a non-resident person, by a public corporation (other than a prescribed venture capital corporation), or by a corporation described in paragraph (c) were owned by a particular person, be controlled by the particular person, (c) a corporation a class of the shares of the capital stock of which is listed on a designated stock exchange, or (d) in applying subsection (1), paragraphs 87(2)(vv) and (ww) (including, for greater certainty, in applying those paragraphs as provided under paragraph 88(1)(e.2)), the definitions excessive eligible dividend designation , general rate income pool and low rate income pool in subsection 89(1) and subsections 89(4) to (6), (8) to (10) and 249(3.1), a corporation that has made an election under subsection 89(11) and that has not revoked the election under subsection 89(12); ( société privée sous contrôle canadien )