An Act to amend the Income Tax Act and the Excise Tax Act (tax relief for Nunavik)
This bill was last introduced in the 40th Parliament, 2nd Session, which ended in December 2009.
This bill was last introduced in the 40th Parliament, 2nd Session, which ended in December 2009.
In committee (Senate), as of June 16, 2009
(This bill did not become law.)
This is from the published bill. The Library of Parliament often publishes better independent summaries.
This enactment provides tax relief in Nunavik by
(a) amending the Income Tax Act to provide an individual who meets certain residency requirements with a deduction of $70 for each day on which he or she resided in Nunavik during a qualifying period in a taxation year, to be deducted in computing the individual's taxable income; and
(b) amending the Excise Tax Act to provide for a 0% GST tax rate on the supply of goods and services in Nunavik and to exempt petroleum products and fuels sold or purchased in Nunavik from certain excise and consumption or sales taxes.
All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.