I-3 - Taxation Act

Section 1029.8.66.5.5 Disposition versions

2017-02-08

1029.8.66.5.5. The percentage to which subparagraph a of the second paragraph of section 1029.8.66.5.3 refers for a taxation year in respect of an individual who does not have a spouse at the time of the application referred to in the first paragraph of that section is

(a)  80% if the individual’s estimated family income for the year does not exceed $25,000;

(b)  75% if the individual’s estimated family income for the year exceeds $25,000 but does not exceed $27,966;

(c)  70% if the individual’s estimated family income for the year exceeds $27,966 but does not exceed $30,932;

(d)  65% if the individual’s estimated family income for the year exceeds $30,932 but does not exceed $33,898;

(e)  60% if the individual’s estimated family income for the year exceeds $33,898 but does not exceed $36,864;

(f)  55% if the individual’s estimated family income for the year exceeds $36,864 but does not exceed $39,831;

(g)  50% if the individual’s estimated family income for the year exceeds $39,831 but does not exceed $42,797;

(h)  45% if the individual’s estimated family income for the year exceeds $42,797 but does not exceed $45,763; or

(i)  40% if the individual’s estimated family income for the year exceeds $45,763 but does not exceed $48,729.

2017, c. 1, s. 310.