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

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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