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-15, Budget 2025 Implementation Act, No. 1 (First Reading November 18, 2025; Second Reading December 10, 2025): Implements certain 2025 Budget and 2024 Fall Economic Statement measures and various earlier proposals (throughout the Act and Regulations)
Bill C-19, Canada Groceries and Essentials Benefit Act (First Reading January 28, 2026): Increases and renames the GST/HST Credit , as announced by the Prime Minister on January 26, 2026 (ITA 122.5 and related provisions)
November 4, 2025 Federal Budget, including proposed amendments (Notice of Ways and Means Motion) not included in Bill C-15 and excerpts from the Budget Supplementary Information and chapters of the Budget Plan (throughout the Act and Regulations)
August 15, 2025 draft legislation: 2024 Fall Economic Statement measures and technical amendments not included in Bill C-15 (throughout the Act and Regulations)
January 14, 2026 Finance Canada announcement: 2026 automobile dollar limits (Reg. 7305.1, 7306, 7307)
August 18 and September 26, 2025 Agriculture Canada announcements: Livestock tax deferral regions for 2025 (Reg. 7305.01)
Various other announcements from Finance, CRA and other government departments providing administrative relief, etc. and indicating possible legislative amendments

Why do thousands of practitioners choose 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

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

– David Chodikoff, Partner, Miller Thomson LLP

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

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

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