Search Results | Clear Search | Previous (in doc) | Next (in doc) | Prev Doc | Next Doc
Qp Date
This Act has "Not in Force" sections. See the Table of Legislative Changes.

Income Tax Act

[RSBC 1996] CHAPTER 215

Contents
1Definitions and interpretation
Part 1 — Income Tax
Division 1 — Liability for Tax
2Liability for tax
3Repealed
Division 2 — Individual Income Tax
4Definitions
4.1Amount of tax payable
4.2Deductions
4.3Personal credits
4.301BC tax reduction credit
4.31Age credit
4.32Pension credit
4.33Adoption expense credit
4.34Child fitness credit
4.341Child fitness equipment credit
4.35Child arts credit
4.36BC education coaching tax credit
4.4Charitable and other gifts
4.5Medical expense credit
4.51Credit for mental or physical impairment
4.52Indexing
4.6Tuition credit
4.61Education tax credit
4.62Unused tuition and education tax credits
4.63Credit for interest on student loan
4.64Credit for EI premium and CPP contribution
4.65Transfer of unused credits to spouse or common-law partner
4.66Tuition and education credits transferred
4.67Transfer of unused credits to parent or grandparent
4.68Minimum tax credit
4.69Dividend tax credit
4.7Overseas employment tax credit
4.71Foreign tax credit
4.72Supplementary credit for 2000 taxation year
4.721BC mining flow-through share tax credit
4.73Restrictions on credits: trusts
4.74Restrictions on credits: year of bankruptcy
4.75Restrictions on credits: income earned outside BC
4.76Restrictions on credits: part-year residents
4.77Restriction on credits: non-residents
4.78Credits in separate returns
4.79Order of making deductions
4.8Minimum tax
4.81CPP/QPP disability benefits for previous years
4.82Qualifying retroactive lump sum pension payments
4.83Lump sum pension payment
4.84Tax on split income
4.85Apportionment of additional taxes
4.86Repealed
4.87Bankrupt individuals
5-7Repealed
7.1Repealed
8Refundable sales tax credit
8.1Low income climate action tax credit
8.2BC harmonized sales tax credit
9Definitions for BC Family Bonus
10BC Family Bonus
11Notice requirements and other rules about eligible individuals and their spouses or common-law partners
12BC Family Bonus cannot be attached or assigned
13BC Family Bonus regulations and forms
13.01Definitions for climate action dividend
13.02Climate action dividend
13.03Climate action dividend cannot be attached or assigned
13.04Climate action dividend — general
13.05Climate action dividend — no further assessments, determinations or decisions
13.06Climate action dividend regulations
13.07Application of federal provisions — interpretation for BC early childhood tax benefit
13.071BC early childhood tax benefit
13.08Application of federal provisions — rules about eligible individuals and their spouses or common-law partners
13.081BC early childhood tax benefit cannot be attached or assigned
13.09BC early childhood tax benefit regulations
13.1Net employee investment tax credit
13.2Refunds to mutual fund trusts
Division 3 — Corporate Income Tax
13.3Definitions
14Corporation income tax
14.1Corporate straddle provision
15Repealed
16Small business rate
17Two-year tax holiday for new small businesses
18Appeal of refusal or rescission of certificate of eligibility
18.1Order of making deductions
Division 4 — Individual and Corporate Income Tax
19Repealed
19.1Logging tax deduction
20Political contributions
20.1Farmers' food donation tax credit
21Small business venture capital tax credit
22-24Repealed
25Qualifying environmental trusts: tax and tax credit
25.1Mining exploration tax credit
26Repealed
27Exemptions
28Repealed
Division 5 — Returns, Assessments and Appeals
29Application of federal provisions — returns of income and assessments of tax
30Reassessment and amended return
31Instalment payments: farmers and fishers
32Instalment payments: other individuals
33Application of federal provision — payments by corporations
34Application of federal provisions — returns, payments and interest
35Refund for tax credits
36Amount on which instalment calculated
37Application of federal provisions — failure to file return or corporate return and failure to provide information
38Application of federal provisions — failure to report income, false statement or omission and burden of proof on appeal
39Application of federal provisions — penalty for late or deficient instalments
39.1Application of federal provisions — misrepresentation of tax matter by third party
40Application of federal provisions — refunds
41Application of federal provisions — objections to assessments and extension of time
42Appeal by taxpayer
43Reply
44Procedure
45Application of federal provisions — irregularities, extension of time and private hearings
46Court practice
Part 2 — Administration and Enforcement
47Application of federal provisions — administration, interest, garnishment and proceedings to collect
48Power to make regulations
49Application of federal provisions — debts to Her Majesty
50Application of federal provisions — certificates
51Warrant
52Application of federal provisions — acquisition of debtor's property
53Application of federal provisions — payment of money seized from tax debtor
54Application of federal provisions — seizure of goods
55Application of federal provisions — taxpayer leaving Canada or defaulting
56Application of federal provisions — withholding taxes
57Application of federal provisions — liability of directors
58Books and records
59Application of federal provisions — inspections, privilege, information returns and corporate execution
60Repealed
61Offence and penalty
62Application of federal provisions — further offences
63Powers of federal minister
64Communication of information and related offences
65Information-sharing agreements
66Application of federal provisions — liability of officer or agent of corporation
67Application of federal provisions — restriction on power of court
68Procedure and evidence
68.1Anti-avoidance rule
Part 3 — Collection of Tax
69Collection agreement
70Payments on account
71No action against persons withholding tax
72Relief of taxpayer
73Non-agreeing provinces
74Enforcement of judgments
Part 4 — Miscellaneous
75Appointments
76Delegation of powers
77Duty of officers of government to provide information
77.1Timber harvest information
78Costs and expenses
Part 5 — Film and Television Tax Credit
79Definitions and interpretation
80Basic tax credit
81Regional tax credit if principal photography begins before April 1, 2003
81.1Regional tax credit if principal photography begins after March 31, 2003
81.11Distant location regional tax credit
81.2Digital animation, visual effects and post-production tax credit
82Film training tax credit
82.1Production services tax credit
82.2Regional production services tax credit
82.21Distant location production services tax credit
82.3Digital animation, visual effects and post-production services tax credit
83No credit available if section 17 deduction made
83.1May not claim both accredited production and eligible production credits
84Deemed payment
85Application for tax credit
86Eligibility certificate
87Completion certificate
87.1Accreditation certificate
88Revocation of certificates
89Notice of refusal or revocation
90Tax credit must be reimbursed
91Recovery of debt
92Reconsiderations and certification appeals
93Powers of audit
94Minister and Commissioner may require information regarding certificates
95Collection and sharing of information
96Power to make regulations
Part 6 — British Columbia Scientific Research and Experimental Development Tax Credit
97Definitions
97.1Interpretation — taxation year of partnerships
98Refundable tax credit available
99Non-refundable tax credit available
99.1Credit amount in respect of a partnership
100Renunciation of tax credit
101Amalgamations and wind ups
102No credit available if section 17 deduction made
102.1Recapture of tax credit corporations
102.11Recapture of amounts — partnership
102.2Recapture rules do not apply to specified non-arm's length transfers
102.3Recapture of tax credit from non-arm's length purchasers — corporations
102.4Recapture of amounts from non-arm's length purchasers — partnerships
102.5Recapture of tax credit by corporation in respect of a partnership
102.6Recapture of amounts — tiered partnership
103Filing requirements
Part 7 — British Columbia Manufacturing and Processing Tax Credit
104Interpretation
105Non-refundable tax credit available
106Partnerships
107Renunciation of tax credit
108Amalgamations and wind ups
109No credit available for year in which section 17 deduction made
110Filing requirements
Part 8 — Book Publishing Tax Credit
111Definitions and interpretation
112Book publishing tax credit
113Deemed payment
114Filing requirements
115Power to make regulations
Part 9 — Training Tax Credits
Division 1 — Definitions
116Definitions
Division 2 — Tax Credits for Individuals
117Application of this Division
118Basic tax credit for individuals
119Completion tax credit for individuals
119.1Certification tax credit for individuals
120Enhanced tax credit for individuals
Division 3 — Tax Credits for Employers
121Definition for this Division
122Basic tax credit for employers
123Completion tax credit for employers
124Enhanced tax credit for employers
124.1Enhanced tax credit for employers — eligible apprentice
124.2No credits for eligible industry employer
125Restrictions on credits: multiple employers
126Restrictions on credits: partnership
Division 3.1 — Tax Credits for Shipbuilding and Ship Repair Industry Employers
126.1Definitions for this Division
126.2Basic tax credit for eligible industry employers
126.3Completion tax credit for eligible industry employers
126.4Enhanced tax credit for eligible industry employers
126.5Restrictions on credits: multiple eligible industry employers
126.6Restrictions on credits: partnership
Division 4 — Administration
127Deemed payment
128Filing requirements
129Powers of audit
130Collection and sharing of information
131Power to make regulations
Part 10 — Interactive Digital Media Tax Credit
132Definitions
133Eligibility for tax credit
134Interactive digital media tax credit
135Deemed payment
136Registration
137Reconsiderations and appeals
138Filing requirements
139Powers of audit
140Power to make regulations
Part 11 — Home Renovation Tax Credit for Seniors and Persons with Disabilities
141Definitions
142Home renovation tax credit for seniors and persons with disabilities
143Part-year residents
144Bankruptcy
145Death
146Relationship to other credits
147Deemed payment of tax
148Filing requirements
149Powers of audit
150Power to make regulations
Part 12 — BC First-Time New Home Buyers' Bonus
151Definitions
152Tax credit for first-time new home buyers
153Deemed payment of tax
154Application for tax credit
155Determination of tax credit
156Determination period
157Determination valid and binding
158Notice to commissioner of subsequent assessment
159Payment of tax refund
160Tax refund cannot be attached or assigned
161Imposition of administrative penalty
162Administrative penalties
163Waiver or cancellation of penalty
164Appeal to minister
165Liability for recoverable amount
166Collection of recoverable amount
167Powers of audit
168Application of other provisions
169Administration
170Delegation of powers
171Power to make regulations