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s. 118.92

PART I — Income Tax · DIVISION E — Computation of Tax · SUBDIVISION A — Rules Applicable to Individuals · Annual Adjustment of Deductions and Other Amounts

Ordering of credits

Not yet annotated · Text current to 2026-06-21 · section last amended 2020-01-01

Current text

In computing an individual’s tax payable under this Part, the following provisions shall be applied in the following order: subsections 118(1) and (2), section 118.7, subsections 118(3) and (10) and sections 118.01, 118.02, 118.04, 118.041, 118.05, 118.06, 118.07, 118.3, 118.61, 118.5, 118.9, 118.8, 118.2, 118.1, 118.62 and 121.

Source: Justice Laws Website. Not an official version.

Historic text

Immediately preceding version, in force from 2018-01-01 to 2019-12-31:

Show the text in force 2018-01-01 to 2019-12-31

Ordering of credits

118.92 In computing an individual’s tax payable under this Part, the following provisions shall be applied in the following order: subsections 118(1) and (2), section 118.7, subsections 118(3) and (10) and sections 118.01, 118.04, 118.041, 118.05, 118.06, 118.07, 118.3, 118.61, 118.5, 118.9, 118.8, 118.2, 118.1, 118.62 and 121.

[NOTE: Application provisions are not included in the consolidated text
see relevant amending Acts and regulations.]
R.S., 1985, c. 1 (5th Supp.), s. 118.92
1998, c. 19, s. 31
1999, c. 22, s. 41
2006, c. 4, s. 68
2007, c. 2, s. 29
2009, c. 31, s. 10
2011, c. 24, s. 34
2014, c. 20, s. 15, c. 39, s. 36
2015, c. 36, ss. 9, 31
2016, c. 7, s. 22
2017, c. 20, s. 20

This version on Justice Laws

Earlier versions: Justice Laws point-in-time versions of the Act (from 31 August 2004), and CanLII (under “Versions”). On Justice Laws, each version of section 118.92 links to the one before it.

Enacting and amending legislation

R.S., 1985, c. 1 (5th Supp.), s. 118.92; 1998, c. 19, s. 31; 1999, c. 22, s. 41; 2006, c. 4, s. 68; 2007, c. 2, s. 29; 2009, c. 31, s. 10; 2011, c. 24, s. 34; 2014, c. 20, s. 15, c. 39, s. 36; 2015, c. 36, ss. 9, 31; 2016, c. 7, s. 22; 2017, c. 20, s. 20
2019, c. 29, s. 19

Text before 2004 is found in the annual Statutes of Canada cited above. Application and coming-into-force provisions are not part of the consolidation; see the amending Acts.

Cross-references

This section refers to

s. 118 s. 118.01 s. 118.7

References are generated from the statutory text and list other sections of the Act only.

Citation

Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.), s. 118.92.