PART I — Income Tax · DIVISION A — Liability for Tax

Tax payable by persons resident in Canada

Not yet annotated · Text current to 2026-06-21 · section last amended 2004-08-31

Current text

An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the year.

Taxable income

(2)

The taxable income of a taxpayer for a taxation year is the taxpayer’s income for the year plus the additions and minus the deductions permitted by Division C.

Tax payable by non-resident persons

(3)

Where a person who is not taxable under subsection 2(1) for a taxation year

(a)

was employed in Canada,

(b)

carried on a business in Canada, or

(c)

disposed of a taxable Canadian property,

at any time in the year or a previous year, an income tax shall be paid, as required by this Act, on the person’s taxable income earned in Canada for the year determined in accordance with Division D.

Source: Justice Laws Website. Not an official version.

Historic text

This section has not been amended since the start of the point-in-time record on 31 August 2004.

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 2 links to the one before it.

Enacting and amending legislation

1970-71-72, c. 63, s. 1 “2”; 1984, c. 1, s.1; 1985, c. 45, s. 1

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

Referred to in

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. 2.