Stikeman Income Tax Act Annotated 2019, 65th Edition

This invaluable resource combines expert insight, comprehensive annotations, up-to-date amendments and proposed changes to the federal Income Tax Act.

Editor-in-Chief: Richard W. Pound, O.C., O.Q., Q.C., F.C.A

Stikeman Income Tax Act Annotated (SITA) is a completely consolidated, annotated version of Canada's federal Income Tax Act, Regulations and Application Rules. SITA features full History annotations for each provision of the Act, including former readings. It includes Selected Cases annotations prepared by Richard Pound that concisely summarize judgments relevant to specific provisions of the Act. All the newest draft legislation is fully indexed and annotated with detailed annotations for Related Provisions, Definitions, and Regulations. In addition, the Department of Finance technical notes are included for all draft legislation.

What's New

  • Enactment of S.C. 2018, c. 27 (Bill C-86, Royal Assent Dec. 13, 2018): outstanding Budget 2018 tax measures and proposals of Sept. 14, 2018
  • Jan. 15, 2019 draft legislation with respect to salary overpayments (including those made through the Phoenix pay system) (ITA 153(3.1))
  • Nov. 21, 2018 Notice of Ways and Means Motion (Fall Economic Statement)
  • July 27, 2018 draft legislation: certain measures not included in Bill C-86 (trusts — new reporting requirements)
  • Promulgated regulations: Federal Crown Corporations (Reg. 7100)
  • Sept. 14, 2018 and Oct. 31, 2018 Agriculture Canada news releases: 2018 tax relief for livestock producers (Reg. 7305.01)
  • New Department of Finance comfort letters, Remission Orders, government news releases indicating possible legislative amendments

Table of Contents

  • Introduction
  • Table of Amending Acts
  • Table of Proposed Amendments
  • Table of Department of Finance Comfort Letters
  • Cases of Interest
  • Tax Rates and Credits
  • Overview Table of Sections: Income Tax Act
  • Detailed Table of Sections
  • Income Tax Act, Annotated
  • Table of Sections: Income Tax Application Rules
    • Income Tax Application Rules
    • Income Tax Regulations
    • Table of Sections
    • Parts I to XCIV
    • Schedules I to VII
    • Proclamation Fixing Valuation Days
    • Schedules VIII to X
  • Tax Conventions
    • Income Tax Conventions Interpretation Act 
    • Canada–United States (including Technical Explanation) (as amended by Protocols signed in 1983, 1984, 1995, 1997 and 2007)
    • Canada–United States Enhanced Tax Information Exchange Agreement
    • Canada–United Kingdom (as amended by Protocols signed in 1980 and 1985) 
    • Current Status of Tax Treaties 
  • Interpretation Act 
  • Index