An Act to amend the Income Tax Act = Loi modifiant la Loi de l'impôt sur le revenu.: XB421-2/3-PDF
“This enactment amends the Income Tax Act to reduce the second personal income tax rate from 22% to 20.5% and to introduce a new personal marginal tax rate of 33% for taxable income in excess of $200,000. It also amends other provisions of that Act to reflect the new 33% rate. In addition, it amends that Act to reduce the annual contribution limit for tax-free savings accounts from $10,000 to its previous level with indexation ($5,500 for 2016) starting January 1, 2016”--Summary, p. ii.
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Department/Agency | Canada. Parliament. House of Commons. |
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Title | An Act to amend the Income Tax Act = Loi modifiant la Loi de l'impôt sur le revenu. |
Variant title | Loi modifiant la Loi de l’impôt sur le revenu |
Series title | Bill C-... ; Bill C-2, 1st session, 42nd Parliament |
Publication type | Series - View Master Record |
Language | Bilingual-[English | French] |
Format | Electronic |
Electronic document | |
Note(s) | As passed by the House of Commons, September 20, 2016. Sponsor: Minister of Finance. Text in English and French. |
Publishing information | [Ottawa] : House of Commons, 2016. |
Author / Contributor | Morneau, Bill, 1962- |
Description | ii, 7 p. |
Catalogue number |
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Subject terms | Personal income tax Legislation |
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