I-3 - Taxation Act

Section 350.4 Disposition versions

2023-03-15

350.4. The amount determined under subparagraph ii of subparagraph b of the first paragraph of section 350.2 in respect of a taxpayer for a taxation year in relation to a particular area shall not exceed the amount by which the aggregate of the amounts otherwise determined under that subparagraph ii for the year in relation to that particular area exceeds the value of expenses, or an allowance in respect of expenses incurred by the taxpayer, for the taxpayer’s board and lodging in the particular area, other than at a work site described in subparagraph d.1 of the first paragraph of section 421.2, that

(a)  would, but for subparagraph i of paragraph a of section 42, be included in computing the taxpayer’s income for the year; and

(b)  may reasonably be attributable to that portion of the qualifying period that is in the year and during which the taxpayer maintained a self-contained domestic establishment as principal place of residence in an area other than a prescribed northern zone or a prescribed intermediate zone for the year for the purposes of section 350.1.

For the purpose of determining whether the condition set out in subparagraph a of the first paragraph is satisfied, no account shall be taken of paragraph g of section 39.

2003, c. 9, s. 27; 2005, c. 1, s. 91; 2023, c. 2, s. 13.

2006-03-01

350.4. The amount determined under subparagraph ii of subparagraph b of the first paragraph of section 350.2 in respect of an individual for a taxation year in relation to a particular area shall not exceed the amount by which the aggregate of the amounts otherwise determined under that subparagraph ii for the year in relation to that particular area exceeds the value of expenses, or an allowance in respect of expenses incurred by the individual, for the individual’s board and lodging in the particular area, other than at a work site described in subparagraph d.1 of the first paragraph of section 421.2, that

(a)  would, but for subparagraph i of paragraph a of section 42, be included in computing the individual’s income for the year; and

(b)  may reasonably be attributable to that portion of the qualifying period that is in the year and during which the individual maintained a self-contained domestic establishment as principal place of residence in an area other than a prescribed northern zone or a prescribed intermediate zone for the year for the purposes of section 350.1.

For the purpose of determining whether the condition set out in subparagraph a of the first paragraph is satisfied, no account shall be taken of paragraph g of section 39.

2003, c. 9, s. 27; 2005, c. 1, s. 91.