ParizConsulting Group

Tax wiki
s. 207.062

PART XI.01 — Taxes in Respect of Registered Plans

Special limit on tax payable

Not yet annotated · Text current to 2026-06-21 · section last amended 2010-12-15

Current text

If an individual is liable to pay an amount of tax under section 207.05 and under sections 207.02 or 207.03 in respect of the same contribution for the same calendar year, the tax payable under section 207.05 for the year shall be reduced by the amount of the tax payable under section 207.02 or 207.03, as the case may be, for the year.

Source: Justice Laws Website. Not an official version.

Historic text

This section has not been amended since it was enacted (2010, c. 25, s. 61), so there is no earlier version.

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 207.062 links to the one before it.

Enacting and amending legislation

  • 2010, c. 25, s. 61

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

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. 207.062.