I-3 - Taxation Act

Section 156.10 Disposition versions

2013-06-05

156.10. A taxpayer may deduct, in computing the taxpayer’s income from a business for a taxation year, the aggregate of all amounts each of which is an amount otherwise deductible in computing that income for that taxation year in respect of the setting up or operation of a shared transportation service of the taxpayer.

For the purposes of the first paragraph, a shared transportation service of a taxpayer means a transportation service organized by the taxpayer, alone or jointly with others, for the benefit of employees whose place of residence is outside the local municipal territory where their employer’s establishment to which they ordinarily report for work is located, if

(a)  the shared transportation service is provided at least five days a week, except during holiday periods or a slowdown in the business’ activities;

(b)  employees are transported in a coach, minibus or van or any other vehicle with a design capacity of at least 15 people; and

(c)  employees can get on and off the vehicle only at predetermined places.

2013, c. 10, s. 18.