Income Tax Regulations

7306 For the purposes of paragraph 18(1)(r) of the Act, the amount in respect of the use of one or more automobiles in a taxation year by an individual for kilometres driven in the year for the purpose of earning income of the individual is the total of

• (a) the product of 49 cents multiplied by the number of those kilometres;

• (b) the product of 6 cents multiplied by the lesser of 5,000 and the number of those kilometres; and

• (c) the product of 4 cents multiplied by the number of those kilometres driven in the Yukon Territory, the Northwest Territories or Nunavut.