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An Act to amend the Income Tax Act = Loi modifiant la Loi de l'impôt sur le revenu.YX4-2016/11-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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.829376&sl=0

Publication information
Department/Agency
  • Canada. Statutes.
TitleAn 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
  • Statutes of Canada ..., chapter ... ; Statutes of Canada 2016, chapter 11, 1st session, 42nd Parliament
Publication typeMonograph - View Master Record
LanguageBilingual-[English | French]
FormatDigital text
Electronic document
Parallel description[French]
Note(s)
  • Cover title.
  • "Assented to December 15, 2016, Bill C-2."
  • Sponsor: Minister of Finance.
  • Text in English and French.
Publishing information
  • [Ottawa] : Statutes, 2016.
Author / Contributor
  • Morneau, Bill, 1962-
Descriptionii, 7 p.
Catalogue number
  • YX4-2016/11-PDF
Subject terms
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