I-3 - Taxation Act

Section 1029.8.66.7 Disposition versions

2015-10-21

1029.8.66.7. An individual’s eligible expense for a taxation year does not include

(a)  an amount that was deducted in computing a taxpayer’s income or taxable income;

(b)  an amount that was taken into account in computing

i.  an amount deducted in computing an individual’s tax payable under this Part, or

ii.  an amount that an individual is deemed to have paid to the Minister on account of the individual’s tax payable under this chapter, but otherwise than under this division; and

(c)  an amount in respect of which a taxpayer is or was entitled to a reimbursement, or another form of assistance, except to the extent that the amount is included in computing the income of any taxpayer and is not deductible in computing that taxpayer’s income or taxable income.

2015, c. 21, s. 483.