000 02238nam  2200325za 4500
0019.847790
003CaOODSP
00520221107153523
007cr |||||||||||
008171127s2017    onc     ob   f000 0 eng d
040 |aCaOODSP|beng
043 |an-cn---
0861 |aYN5-128/2017E-PDF
1001 |aBernier, Govindadeva.
24510|aCost estimate for Bill C-323 |h[electronic resource] : |bAn Act to amend the Income Tax Act (rehabilitation of historic property).
260 |aOttawa : |bOffice of the Parliamentary Budget Officer, |c2017.
300 |a22 p.
500 |aIssued also in French under title: Estimation des coûts du projet de loi C-323 : Loi modifiant la Loi de l’impôt sur le revenu (réhabilitation de propriétés historiques).
500 |aCover title.
500 |a"19 October 2017.”
500 |aWritten by: Govindadeva Bernier. Cf. Verso of cover.
504 |aIncludes bibliographical references.
520 |a"On 1 December 2016, Peter Van Loan, MP, introduced a private member’s bill, Bill C-323. It would amend the Income Tax Act to create a 20 per cent tax credit for expenses related to rehabilitating a historic property, and to create a tax deduction for the capital cost of property used in the course of such rehabilitation. The Office of the Parliamentary Budget Officer (PBO) based its analysis on data obtained from the Canadian Register of Historic Places on the number of eligible historic properties, and from Statistics Canada on the average cost of home repairs and renovations. PBO estimates that the annual cost of the credit will range between $55 million and $67 million in the first five years, if the average cost of rehabilitation and take-up rate of the credit are similar to projects undertaken in the United States for a similar credit"--Executive summary, p. 1.
69207|2gccst|aHeritage buildings
69207|2gccst|aRestoration
69207|2gccst|aTax credits
69207|2gccst|aLegislation
7101 |aCanada. |bOffice of the Parliamentary Budget Officer.
77508|tEstimation des coûts du projet de loi C-323 |w(CaOODSP)9.847791
85640|qPDF|s418 KB|uhttps://publications.gc.ca/collections/collection_2017/dpb-pbo/YN5-128-2017-eng.pdf