Practitioner's Income Tax Act is a comprehensive resource with expert insights, detailed annotations, and updated amendments – all in a portable, two-volume format. It features extensive tax rate tables and the full text of the Canada-U.S. and Canada-U.K treaties.

New developments in this edition include:

Bill C-4, Making Life Affordable for Canadians Act (First Reading June 5, 2025; Second Reading June 12, 2025): Reduction in the lowest tax bracket from 15% to 14.5% for 2025 and 14% for 2026 et seq. (ITA 117(2))
June 30, 2025 draft legislation: Carbon tax rebate for small businesses to be non-taxable (ITA 127.421)
April 2025 Liberal Party election platform: Pre-election excerpts describing possible future amendments (throughout the Act and Regulations)
February 21, 2025 draft legislation: Electric vehicle supply chain investment tax credit (ITA 127.492, etc.)
P.C. 2025-278: Amendment to regulation prescribing the Air Canada employee trust for the RCA rules (Reg. 6802(h))
P.C. 2025-400: Amendment to regulation listing the prescribed northern zones to move Haida Gwaii to the northern zone (Reg. 7303.1(1), (2))
Various announcements from Finance, CRA, and other government departments providing administrative relief, etc. and indicating possible legislative amendments

Top Products

Recently published

Formats

Industry

Products

Top Legal Products

Top Tax Products

Solutions

Legal

Tax

Insights

Practitioner's Income Tax Act, 68th Edition

Practitioner's Income Tax Act, 68th Edition