Income Tax Act (R.S.C., 1985, c. 1 (5th Supp.))

AMENDMENTS NOT IN FORCE

• — 2023, c. 26, s. 660

  • 660 Subparagraph 56(1)(l)(ii) of the Income Tax Act is replaced by the following:

    • (ii) reimbursement of costs incurred in relation to a decision of the Canada Employment Insurance Commission under the Employment Insurance Act or to an appeal of such a decision to the Social Security Tribunal or the Employment Insurance Board of Appeal under the Department of Employment and Social Development Act,

• — 2023, c. 26, s. 661

  • 661 Subparagraph 60(o)(ii) of the Act is replaced by the following:

    • (ii) a decision of the Canada Employment Insurance Commission under the Employment Insurance Act or to an appeal of such a decision to the Social Security Tribunal or the Employment Insurance Board of Appeal under the Department of Employment and Social Development Act,

• — 2026, c. 1, s. 6

  • Bill C-15

    • 6 (1) Subsections (2) to (6) apply if Bill C-15, introduced in the 1st session of the 45th Parliament and entitled the Budget 2025 Implementation Act, No. 1 (in this section referred to as the “other Act”), receives royal assent.

    • (2) Paragraph 152(1)(b) of the Income Tax Act, as enacted by subsection 4(1) of this Act, is replaced by the following:

      • (b) the amount of tax, if any, deemed by any of subsections 120(2) or (2.2), 122.5(3) to (3.005), 122.51(2), 122.7(2) or (3), 122.72(1), 122.8(4), 122.9(2), 122.91(1), 122.92(3), 122.93(2), 125.4(3), 125.5(3), 125.6(2) or (2.1), 127.1(1), 127.41(3), 127.42(2) or (3), 127.421(2) or (3), 127.44(2), 127.45(2), 127.48(2), 127.49(2), 127.491(2) or 210.2(3) or (4) to be paid on account of the taxpayer’s tax payable under this Part for the year.

    • (3) Paragraph 152(1.2)(d) of the Income Tax Act, as enacted by subsection 4(2) of this Act, is replaced by the following:

      • (d) the Minister determines the amount deemed by any of subsections 122.5(3) to (3.005), 122.72(1), 122.8(4) or 127.421(2) or (3) to have been paid by a person for a taxation year to be nil, subsection (2) does not apply to the determination unless the person requests a notice of determination from the Minister.

    • (4) Paragraph 152(4.2)(b) of the Income Tax Act, as enacted by subsection 4(3) of this Act, is replaced by the following:

      • (b) redetermine the amount, if any, deemed by any of subsections 120(2) or (2.2), 122.5(3) to (3.005), 122.51(2), 122.7(2) or (3), 122.8(4), 122.9(2), 122.91(1), 122.92(3), 122.93(2), 127.1(1), 127.41(3) or 210.2(3) or (4) to be paid on account of the taxpayer’s tax payable under this Part for the year or deemed by subsection 122.61(1) to be an overpayment on account of the taxpayer’s liability under this Part for the year.

    • (5) Paragraph 152(1)(b) of the Income Tax Act, as enacted by subsection (2), comes into force on the day on which this Act receives royal assent, except that, for the period beginning on January 1, 2026 and ending on the day immediately before the day on which this Act receives royal assent, that paragraph is to be read as follows:

      • (b) the amount of tax, if any, deemed by any of subsections 120(2) or (2.2), 122.5(3) to (3.003), 122.51(2), 122.7(2) or (3), 122.72(1), 122.8(4), 122.9(2), 122.91(1), 122.92(3), 125.4(3), 125.5(3), 125.6(2) or (2.1), 127.1(1), 127.41(3), 127.42(2) or (3), 127.421(2) or (3), 127.44(2), 127.45(2), 127.48(2), 127.49(2), 127.491(2) or 210.2(3) or (4) to be paid on account of the taxpayer’s tax payable under this Part for the year.

    • (6) Paragraph 152(4.2)(b) of the Income Tax Act, as enacted by subsection (4), comes into force on the day on which this Act receives royal assent, except that, for the period beginning on January 1, 2026 and ending on the day immediately before the day on which this Act receives royal assent, that paragraph is to be read as follows:

      • (b) redetermine the amount, if any, deemed by any of subsections 120(2) or (2.2), 122.5(3) to (3.003), 122.51(2), 122.7(2) or (3), 122.8(4), 122.9(2), 122.91(1), 122.92(3), 122.93(2), 127.1(1), 127.41(3) or 210.2(3) or (4) to be paid on account of the taxpayer’s tax payable under this Part for the year or deemed by subsection 122.61(1) to be an overpayment on account of the taxpayer’s liability under this Part for the year.