I-3 - Taxation Act

Section 737.26.1 Disposition versions

2015-10-21

737.26.1. The percentage referred to in the first paragraph of section 737.25 in respect of an individual for a taxation year is equal to

(a)  75%, where the taxation year is the year 2013;

(b)  50%, where the taxation year is the year 2014;

(c)  25%, where the taxation year is the year 2015; and

(d)  0%, for a taxation year subsequent to the year 2015.

For the purposes of the first paragraph, the percentage specified in any of subparagraphs a to c of that paragraph in respect of an individual is to be replaced by a percentage of 100% where the duties of the individual’s employment outside Canada are in connection with a contract that was committed to in writing before 1 January 2013 by a specified employer of the individual.

2015, c. 21, s. 263.