Income Tax Act
Sections and provisions with full text and the judgments that cite each one.
Section 166.2 — Extension of time by Tax Court
A taxpayer who has made an application under subsection 166.1 may apply to the Tax Court of Canada to have the application granted after either the Minister has refused the application, or 90 days…
Section 167 — Extension of time to appeal
Where an appeal to the Tax Court of Canada has not been instituted by a taxpayer under section 169 within the time limited by that section for doing so, the taxpayer may make an application to the…
Section 168 — Notice of intention to revoke registration
The Minister may, by registered mail, give notice to a person described in any of paragraphs (a) to (c) of the definition qualified donee in subsection 149.1(1) that the Minister proposes to revoke…
Section 168.1 — Date of designation
If an organization is designated for the purpose of the definition qualified Canadian journalism organization in subsection 248(1), the organization is deemed to have become designated on the date…
Section 169 — Appeal
Where a taxpayer has served notice of objection to an assessment under section 165, the taxpayer may appeal to the Tax Court of Canada to have the assessment vacated or varied after either the…
Section 170 — Notice to Deputy Minister
Where an appeal is made to the Tax Court of Canada under section 18 of the Tax Court of Canada Act , the Court shall forthwith send a copy of the notice of the appeal to the office of the…
Section 171 — Disposal of Appeal
The Tax Court of Canada may dispose of an appeal by dismissing it; or allowing it and vacating the assessment, varying the assessment, or referring the assessment back to the Minister for…
Section 172 — Appeal from refusal to register, revocation of registration, etc.
Where the Minister confirms a proposal or decision in respect of which a notice was issued under any of subsections 149.1(4.2) and (22) and 168(1) by the Minister, to a person that is or was…
Section 173 — References to Tax Court of Canada
Where the Minister and a taxpayer agree in writing that a question of law, fact or mixed law and fact arising under this Act, in respect of any assessment, proposed assessment, determination or…
Section 174 — Common questions
The Minister may apply to the Tax Court of Canada for a determination of a question if the Minister is of the opinion that the question is common to assessments or proposed assessments in respect of…
Section 175 — Institution of appeals
An appeal to the Tax Court of Canada under this Act, other than one referred to in section 18 of the Tax Court of Canada Act , shall be instituted in the manner set out in that Act or in any rules…
Section 176
[Repealed, 2013, c. 34, s. 323]
Section 179 — Hearings in camera
Proceedings in the Federal Court of Appeal under this Division may, on the application of the taxpayer, be held in camera if the taxpayer establishes to the satisfaction of the Court that the…
Section 179.1 — No reasonable grounds for appeal
Where the Tax Court of Canada disposes of an appeal by a taxpayer in respect of an amount payable under this Part or where such an appeal has been discontinued or dismissed without trial, the Court…
Section 180 — Appeals to Federal Court of Appeal
An appeal to the Federal Court of Appeal pursuant to subsection 172(3) may be instituted by filing a notice of appeal in the Court within 30 days from the day on which the Minister notifies a person…
Section 180.01 — Election — special tax and relief for deferral of stock option benefits
A taxpayer may make an election in prescribed form to have subsection (2) apply for a taxation year in respect of particular securities if the taxpayer elected to have subsection 7(8) apply, as that…
Section 180.1
[Repealed, 2001, c. 17, s. 161(1)]
Section 180.2 — Definitions
The definitions in this subsection apply in this Part. adjusted income of an individual for a taxation year means the amount that would be the individual’s income under Part I for the year if in…
Section 181 — Definitions
For the purposes of this Part, financial institution , in respect of a taxation year, means a corporation that at any time in the year is a bank or credit union, an insurance corporation that carries…
Section 181.1 — Tax payable
Every corporation shall pay a tax under this Part for each taxation year equal to the amount obtained by multiplying the corporation’s specified percentage for the taxation year by the amount, if…
Section 181.2 — Taxable capital employed in Canada
The taxable capital employed in Canada of a corporation for a taxation year (other than a financial institution or a corporation that was throughout the year not resident in Canada) is the prescribed…
Section 181.3 — Taxable capital employed in Canada of financial institution
The taxable capital employed in Canada of a financial institution for a taxation year is the total of the total of all amounts each of which is the carrying value at the end of the year of an asset…
Section 181.4 — Taxable capital employed in Canada of non-resident
The taxable capital employed in Canada for a taxation year of a corporation (other than a financial institution) that was throughout the year not resident in Canada is the amount, if any, by which…
Section 181.5 — Capital deduction
Subject to subsection (1.1), the capital deduction of a corporation for a taxation year is $50 million unless the corporation is related to another corporation at any time in the taxation year, in…
Section 181.6 — Return
Every corporation that is or would, but for subsection 181.1(4), be liable to pay tax under this Part for a taxation year shall file with the Minister, not later than the day on or before which the…
Section 181.7 — Provisions applicable to Part
Sections 152, 158 and 159, subsection 161(11), sections 162 to 167 and Division J of Part I apply to this Part with such modifications as the circumstances require and, for the purpose of this…
Section 181.71 — Provisions applicable — Crown corporations
Section 27 applies to this Part with any modifications that the circumstances require.
Section 181.8
[Repealed, 1994, c. 7, Sch. VIII, s. 109(1)]
Section 181.9
[Repealed, 1994, c. 7, Sch. VIII, s. 109(1)]
Section 182
[Repealed, 2017, c. 20, s. 27]
Section 183
[Repealed, 2017, c. 20, s. 27]
Section 183.1 — Application of Part
This Part applies to a corporation (other than a mutual fund corporation) for a taxation year in which the corporation, at any time in the year, was a public corporation; or was resident in Canada…
Section 183.2 — Return
Every corporation liable to pay tax under this Part for a taxation year shall, on or before the day on or before which it is required to file its return of income under Part I for the year, file with…
Section 183.3 — Definitions
The following definitions apply in this Part. covered entity for a taxation year, means an entity that is a corporation, trust or partnership if at any time in the taxation year equity of the entity…
Section 183.4 — Return
If a covered entity redeems, acquires or cancels equity of the entity in a taxation year, if the entity is a corporation, on or before the day it is required to file its return of income under Part I…
Section 184 — Tax on excessive elections
If a corporation has elected in accordance with subsection 83(2), 130.1(4) or 131(1) in respect of the full amount of any dividend payable by it on shares of any class of its capital stock (in this…
Section 185 — Assessment of tax
The Minister shall, with all due dispatch, examine each election made by a corporation in accordance with subsection 83(2), 130.1(4) or 131(1), assess the tax, if any, payable under this Part in…
Section 185.1 — Tax on excessive eligible dividend designations
A corporation that has made an excessive eligible dividend designation in respect of an eligible dividend paid by it at any time in a taxation year shall, on or before the corporation’s balance-due…
Section 185.2 — Return
Every corporation resident in Canada that pays a taxable dividend (other than a capital gains dividend within the meaning assigned by subsection 130.1(4) or 131(1)) in a taxation year shall file with…
Section 186 — Tax on assessable dividends
Every corporation (in this section referred to as the “particular corporation”) that is at any time in a taxation year a private corporation or a subject corporation shall, on or before its…
Section 186.1 — Exempt corporations
No tax is payable under this Part for a taxation year by a corporation that was, at any time in the year, a bankrupt; or that was, throughout the year, a bank, a corporation licensed or otherwise…
Section 186.2 — Exempt dividends
For the purposes of subsection 186(1), dividends received in a taxation year by a corporation that was, throughout the year, a prescribed venture capital corporation from a corporation that was a…
Section 187 — Information return
Every corporation that is liable to pay tax under this Part for a taxation year in respect of a dividend received by it in the year shall, on or before the day on or before which it is required to…
Section 187.1 — Definition of excepted dividend
In this Part, excepted dividend means a dividend received by a corporation on a share of the capital stock of a foreign affiliate of the corporation, other than a dividend received by a specified…
Section 187.2 — Tax on dividends on taxable preferred shares
Every corporation shall, on or before its balance-due day for a taxation year, pay a tax under this Part for the year equal to 10% of the total of all amounts each of which is a dividend, other than…
Section 187.3 — Tax on dividends on taxable RFI shares
Every restricted financial institution shall, on or before its balance-due day for a taxation year, pay a tax under this Part for the year equal to 10% of the total of all amounts each of which is a…
Section 187.4 — Partnerships
For the purposes of this Part, all amounts received in a fiscal period by a partnership as, on account or in lieu of payment of, or in satisfaction of, dividends shall be deemed to have been received…
Section 187.5 — Information return
Every corporation liable to pay tax under this Part for a taxation year shall file with the Minister, not later than the day on or before which it is required by section 150 to file its return of…
Section 187.6 — Provisions applicable to Part
Sections 152, 158 and 159, subsections 161(1), 161(2) and 161(11), sections 162 to 167 and Division J of Part I are applicable to this Part with such modifications as the circumstances require.
Section 187.61 — Provisions applicable — Crown corporations
Section 27 applies to this Part with any modifications that the circumstances require.