I-3 - Taxation Act

Section 752.0.0.1 Disposition versions

2017-12-07

752.0.0.1. Subject to section 752.0.0.3, an individual may deduct from the individual’s tax otherwise payable for a taxation year under this Part an amount equal to the amount obtained by multiplying the percentage specified in section 750.1 for the year by $14,890.

2005, c. 1, s. 150; 2005, c. 38, s. 135; 2009, c. 5, s. 261; 2017, c. 29, s. 122.

2009-05-15

752.0.0.1. Subject to section 752.0.0.3, an individual may deduct from the individual’s tax otherwise payable for a taxation year under this Part an amount equal to the amount obtained by multiplying the percentage specified in section 750.1 for the year by $10,215.

2005, c. 1, s. 150; 2005, c. 38, s. 135; 2009, c. 5, s. 261.

2006-03-01

752.0.0.1. Subject to section 752.0.0.3, an individual may deduct from the individual’s tax otherwise payable for a taxation year under this Part an amount equal to the amount obtained by multiplying the percentage specified in section 750.1 for the year by the total of $6,275 and the complementary amount for the year.

For the purposes of the first paragraph, subject to section 752.0.0.2, the complementary amount for a taxation year is equal to the greater of $2,925 and the aggregate of

(a)  the aggregate of all amounts each of which is an amount payable by the individual as an employee’s premium for the year under the Employment Insurance Act (Statutes of Canada, 1996, chapter 23);

(a.1)  the aggregate of all amounts each of which is an amount payable by the individual for the year, under the Act respecting parental insurance (chapter A-29.011), as an employee’s premium or as a premium of a person to whom section 51 of that Act applies;

(a.2)  an amount equal to the product obtained by multiplying the amount payable by the individual for the year as a premium on the individual’s business income under the Act respecting parental insurance by the proportion that the premium rate referred to in subparagraph 1 of the first paragraph of section 6 of that Act is of the premium rate referred to in subparagraph 3 of that paragraph;

(b)  the aggregate of all amounts each of which is an amount payable by the individual as an employee for the year as a contribution under the Act respecting the Québec Pension Plan (chapter R-9) or any similar plan within the meaning of paragraph u of section 1 of that Act;

(c)  the aggregate of all amounts each of which is 50% of an amount payable by the individual as a contribution for the year in respect of self-employed earnings under the Act respecting the Québec Pension Plan or under any similar plan within the meaning of paragraph u of section 1 of that Act; and

(d)  the amount that the individual is required to pay as a contribution for the year under subdivision 3 of Division I of Chapter IV of the Act respecting the Régie de l’assurance maladie du Québec (chapter R-5).

2005, c. 1, s. 150; 2005, c. 38, s. 135.