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"Point in Time" Regulation Content

Income Tax Act

Climate Action Tax Credit Regulation

B.C. Reg. 135/2008

NOTE: Links below go to reg content as it was prior to the changes made on the effective date. (PIT covers changes made from September 19, 2009 to present)
SECTIONEFFECTIVE DATE
Title July 1, 2018
Section 2 January 29, 2010
June 25, 2010
February 20, 2018
June 5, 2019
May 19, 2020

 Regulation title BEFORE amended by BC Reg 133/2018, effective July 1, 2018.

Low Income Climate Action Tax Credit Regulation

 Section 2 (1) (b) BEFORE amended by BC Reg 32/2010, effective January 29, 2010.

(b) in respect of a specified month for the 2008 taxation year, $105.

 Section 2 (2) (b) BEFORE amended by BC Reg 32/2010, effective January 29, 2010.

(b) in respect of a specified month for the 2008 taxation year, $31.50.

 Section 2 (1) (c) and 2 (2) (c) were added by BC Reg 183/2010, effective June 25, 2010.

 Section 2 BEFORE amended by BC Reg 17/2017, effective February 20, 2018.

Prescribed amounts for low income climate action tax credit

2   (1) The amount prescribed for the purposes of paragraphs (a) to (c) of the description of "total credits" in section 8.1 (3) of the Act is

(a) in respect of a specified month for the 2007 taxation year, $100,

(b) in respect of a specified month for the 2008 and 2009 taxation years, $105, and

(c) in respect of a specified month for the 2010 and subsequent taxation years, $115.50.

(2) The amount prescribed for the purposes of paragraph (d) of the description of "total credits" in section 8.1 (3) of the Act is

(a) in respect of a specified month for the 2007 taxation year, $30,

(b) in respect of a specified month for the 2008 and 2009 taxation years, $31.50, and

(c) in respect of a specified month for the 2010 and subsequent taxation years, $34.50.

[am. B.C. Regs. 32/2010; 183/2010.]

 Section 2 (1) (c) and (d) BEFORE amended by BC Reg 118/2019, effective June 5, 2019.

(c) in respect of a specified month for the 2010 to 2016 taxation years, other than the specified month of April 2018, $115.50, and

(d) in respect of the specified month of April 2018 or a specified month for the 2017 and subsequent taxation years, $135.

 Section 2 (1) (e) to (g) were added by BC Reg 118/2019, effective June 5, 2019.

 Section 2 (2) (c) and (d) BEFORE amended by BC Reg 118/2019, effective June 5, 2019.

(c) in respect of a specified month for the 2010 to 2016 taxation years, other than the specified month of April 2018, $34.50, and

(d) in respect of the specified month of April 2018 or a specified month for the 2017 and subsequent taxation years, $40.

 Section 2 (2) (e) to (g) were added by BC Reg 118/2019, effective June 5, 2019.

 Section 2 (1) (f) BEFORE amended by BC Reg 106/2020, effective May 19, 2020.

(f) in respect of a specified month for the 2019 taxation year, $174, and

 Section 2 (2) (f) BEFORE amended by BC Reg 106/2020, effective May 19, 2020.

(f) in respect of a specified month for the 2019 taxation year, $51, and

 Section 2 (1) (f.1) and (2) (f.1) were added by BC Reg 106/2020, effective May 19, 2020.