This 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:

S.C. 2023, c. 26 (Bill C-47), Budget Implementation Act, 2023, No. 1: Certain 2023 Budget measures and previously released proposals
S.C. 2023, c. 11 (Bill C-46), Cost of Living Relief Act, No. 3: Grocery rebate (additional GST/HST Credit payment)
March 28, 2023, Federal Budget measures not included in Bill C-47 (Notice of Ways and Means Motion, Supplementary Information, Budget Plan)
June 6, 2023 draft legislation: Transfer pricing rules in ITA 247 (Finance consultation paper)
Bill C-241 (Second Senate Reading June 8, 2023): Deduction of travel expenses for tradespersons (ITA 8(1)(q.1))
S.C. 2023, c. 14 (Bill C-41), S.C. 2023, c. 17 (Bill C-22), Bill C-42 (First Senate Reading June 22, 2023), Bill C-49 (First Reading May 30, 2023): Consequential ITA amendments
April 1, 2023 entry into force of First Home Savings Account (FHSA) rules
Various announcements from Finance, CRA, and other government departments providing administrative relief, etc., and indicating possible legislative amendments

Why do thousands of practitioners select the Practitioner's Income Tax Act over any other income tax act?

"Practitioner's Income Tax Act is...an invaluable reference work that I would not want to be without."

– The late Robert McMechan, HazloLaw

"I have been using (this act) for a number of years now, and every time I read a provision, I make sure that I read the related notes, which are incredibly useful..."

– Birju Shah, Senior Manager, International Corporate Tax, KPMG LLP

''...Often, the answer to an issue has been cited in the PITA Notes but not in the other version. That has made my choice obvious for many years."

– Hugh Neilson, Director, Taxation Services, Kingston Ross Pasnak LLP

“...There’s, quite frankly, no comparison on the market.”

– Jamie Golombek, Managing Director, Tax & Estate Planning, CIBC Private Wealth Management

“A unique work is an essential tool and always at my fingertips. I can’t imagine my tax litigation practice without it.”

– David Chodikoff, Partner, Miller Thomson LLP

“...The Notes are the best starting point for any tax research. A must!”

– Jacques Bernier, Partner, Bennett Jones LLP

About Thomson Reuters ProView

ProView is the way to read Thomson Reuters eBooks and eLooseleafs, published primarily for legal, accounting, human resources, and tax professions. The Thomson Reuters ProView web-based application is accessed via your browser. With the new ProView web app, offline capability is now available from your browser. The web application has a responsive design and is compatible with desktop, laptop, and mobile devices.

Top products

Industry

Top legal products

Top tax products

Legal

Tax

Blog

Practitioner's Income Tax Act 2023, 64th Edition, Print and ProView eBook

Practitioner's Income Tax Act 2023, 64th Edition, Print and ProView eBook