C-397
First Session, Forty-first Parliament,
60-61 Elizabeth II, 2011-2012
HOUSE OF COMMONS OF CANADA
BILL C-397
An Act to amend the Income Tax Act (golfing expenses)
first reading, February 16, 2012
Mr. Garrison
411506
SUMMARY
This enactment amends subparagraph 18(1)(l)(i) of the Income Tax Act to permit the deduction of an expense incurred by a taxpayer for the use of a golf course or facility.
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1st Session, 41st Parliament,
60-61 Elizabeth II, 2011-2012
house of commons of canada
BILL C-397
An Act to amend the Income Tax Act (golfing expenses)
R.S., c. 1 (5th Supp.)
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
1. Subparagraph 18(1)(l)(i) of the Income Tax Act is replaced by the following:
(i) for the use or maintenance of property that is a yacht, a camp or a lodge, unless the taxpayer made or incurred the outlay or expense in the ordinary course of the taxpayer’s business of providing the property for hire or reward, or
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