Income Tax Act

[RSBC 1996] CHAPTER 215

Contents
Section
 Definitions and interpretation
Part 1 — Income Tax
 Division 1 — Liability for Tax
 Liability for tax
 Repealed
 Division 2 — Individual Income Tax
 Definitions
 4.1 Amount of tax payable
 4.2 Deductions
 4.3 Personal credits
 4.301 BC tax reduction credit
 4.31 Age credit
 4.32 Pension credit
 4.33 Adoption expense credit
 4.4 Charitable and other gifts
 4.5 Medical expense credit
 4.51 Credit for mental or physical impairment
 4.52 Indexing
 4.6 Tuition credit
 4.61 Education tax credit
 4.62 Unused tuition and education tax credits
 4.63 Credit for interest on student loan
 4.64 Credit for EI premium and CPP contribution
 4.65 Transfer of unused credits to spouse or common-law partner
 4.66 Tuition and education credits transferred
 4.67 Transfer of unused credits to parent or grandparent
 4.68 Minimum tax credit
 4.69 Dividend tax credit
 4.7 Overseas employment tax credit
 4.71 Foreign tax credit
 4.72 Supplementary credit for 2000 taxation year
 4.721 BC mining flow-through share tax credit
 4.73 Restrictions on credits: trusts
 4.74 Restrictions on credits: year of bankruptcy
 4.75 Restrictions on credits: income earned outside BC
 4.76 Restrictions on credits: part-year residents
 4.77 Restrictions on credits: non-residents
 4.78 Credits in separate returns
 4.79 Order of making deductions
 4.8 Minimum tax
 4.81 CPP/QPP disability benefits for previous years
 4.82 Qualifying retroactive lump sum pension payments
 4.83 Lump sum pension payment
 4.84 Tax on split income
 4.85 Apportionment of additional taxes
 4.86 Repealed
 4.87 Bankrupt individuals
 5–7 Repealed
 7.1 Repealed
 Refundable sales tax credit
 8.1 Low income climate action tax credit
 Definitions for BC Family Bonus
 10 BC Family Bonus
 11 Notice requirements and other rules about eligible individuals and their spouses or common-law partners
 12 BC Family Bonus cannot be attached or assigned
 13 BC Family Bonus regulations and forms
 13.01 Definitions for climate action dividend
 13.02 Climate action dividend
 13.03 Climate action dividend cannot be attached or assigned
 13.04 Climate action dividend — general
 13.05 Climate action dividend — no further assessments, determinations or decisions
 13.06 Climate action dividend regulations
 13.1 Net employee investment tax credit
 13.2 Refunds to mutual fund trusts
 Division 3 — Corporate Income Tax
 13.3 Definitions
 14 Corporation income tax
 14.1 Corporate straddle provision
 15 Repealed
 16 Small business rate
 17 Two-year tax holiday for new small businesses
 18 Appeal of refusal or rescission of certificate of eligibility
 18.1 Order of making deductions
 Division 4 — Individual and Corporate Income Tax
 19 Repealed
 19.1 Logging tax deduction
 20 Political contributions
 21 Small business venture capital tax credit
 22–24 Repealed
 25 Qualifying environmental trusts: tax and tax credit
 25.1 Mining exploration tax credit
 26 Repealed
 27 Exemptions
 28 Repealed
 Division 5 — Returns, Assessments and Appeals
 29 Application of federal provisions — returns of income and assessments of tax
 30 Reassessment and amended return
 31 Installment payments: farmers and fishers
 32 Installment payments: other individuals
 33 Application of federal provision — payments by corporations
 34 Application of federal provisions — returns, payments and interest
 35 Refund for tax credits
 36 Amount on which installment calculated
 37 Application of federal provisions — failure to file return or corporate return and failure to provide information
 38 Application of federal provisions — failure to report income, false statement or omission and burden of proof on appeal
 39 Application of federal provisions — penalty for late or deficient installments
 39.1 Application of federal provisions — misrepresentation of tax matter by third party
 40 Application of federal provisions — refunds
 41 Application of federal provisions — objections to assessments and extension of time
 42 Appeal by taxpayer
 43 Reply
 44 Procedure
 45 Application of federal provisions — irregularities, extension of time and private hearings
 46 Court practice
Part 2 — Administration and Enforcement
 47 Application of federal provisions — administration, interest, garnishment and proceedings to collect
 48 Power to make regulations
 49 Application of federal provisions — debts to Her Majesty
 50 Application of federal provisions — certificates
 51 Warrant
 52 Application of federal provisions — acquisition of debtor's property
 53 Application of federal provisions — payment of money seized from tax debtor
 54 Application of federal provisions — seizure of goods
 55 Application of federal provisions — taxpayer leaving Canada or defaulting
 56 Application of federal provisions — withholding taxes
 57 Application of federal provisions — liability of directors
 58 Books and records
 59 Application of federal provisions — inspections, privilege, information returns and corporate execution
 60 Penalty
 61 Offence and penalty
 62 Application of federal provisions — further offences
 63 Powers of federal minister
 64 Communication of information and related offences
 65 Information-sharing agreements
 66 Application of federal provisions — liability of officer or agent of corporation
 67 Application of federal provisions — restriction on power of court
 68 Procedure and evidence
 68.1 Anti-avoidance rule
Part 3 — Collection of Tax
 69 Collection agreement
 70 Payments on account
 71 No action against persons withholding tax
 72 Relief of taxpayer
 73 Non-agreeing provinces
 74 Enforcement of judgments
Part 4 — Miscellaneous
 75 Appointments
 76 Delegation of powers
 77 Duty of officers of government to provide information
 77.1 Timber harvest information
 78 Costs and expenses
Part 5 — Film and Television Tax Credit
 79 Definitions and interpretation
 80 Basic tax credit
 81 Regional tax credit if principal photography begins before April 1, 2003
 81.1 Regional tax credit if principal photography begins after March 31, 2003
 81.11 Distant location regional tax credit
 81.2 Digital animation or visual effects tax credit
 82 Film training tax credit
 82.1 Production services tax credit
 82.2 Regional production services tax credit
 82.21 Distant location production services tax credit
 82.3 Digital animation or visual effects production services tax credit
 83 No credit available if section 17 deduction made
 83.1 May not claim both accredited production and eligible production credits
 84 Deemed payment
 85 Application for tax credit
 86 Eligibility certificate
 87 Completion certificate
 87.1 Accreditation certificate
 88 Revocation of certificates
 89 Notice of refusal or revocation
 90 Tax credit must be reimbursed
 91 Recovery of debt
 92 Reconsiderations and certification appeals
 93 Powers of audit
 94 Minister may require information regarding certificates
 95 Collection and sharing of information
 96 Power to make regulations
Part 6 — British Columbia Scientific Research and Experimental Development Tax Credit
 97 Definitions
 97.1 Interpretation — taxation year of partnerships
 98 Refundable tax credit available
 99 Non-refundable tax credit available
 99.1 Credit amount in respect of a partnership
 100 Renunciation of tax credit
 101 Amalgamations and wind ups
 102 No credit available if section 17 deduction made
 102.1 Recapture of tax credit corporations
 102.11 Recapture of amounts — partnership
 102.2 Recapture rules do not apply to specified non-arm's length transfers
 102.3 Recapture of tax credit from non-arm's length purchasers — corporations
 102.4 Recapture of amounts from non-arm’s length purchasers — partnerships
 102.5 Recapture of tax credit by corporation in respect of a partnership
 102.6 Recapture of amounts — tiered partnership
 103 Filing requirements
Part 7 — British Columbia Manufacturing and Processing Tax Credit
 104 Interpretation
 105 Non-refundable tax credit available
 106 Partnerships
 107 Renunciation of tax credit
 108 Amalgamations and wind ups
 109 No credit available for year in which section 17 deduction made
 110 Filing requirements
Part 8 — Book Publishing Tax Credit
 111 Definitions and interpretation
 112 Book publishing tax credit
 113 Deemed payment
 114 Filing requirements
 115 Power to make regulations
Part 9 — Training Tax Credits
 Division 1 — Definitions
 116 Definitions
 Division 2 — Tax Credits for Individuals
 117 Application of this Division
 118 Basic tax credit for individuals
 119 Completion tax credit for individuals
 120 Enhanced tax credit for individuals
 Division 3 — Tax Credits for Employers
 121 Definitions for this Division
 122 Basic tax credit for employers
 123 Completion tax credit for employers
 124 Enhanced tax credit for employers
 124.1 Enhanced tax credit for employers — eligible apprentice
 125 Restrictions on credits: multiple employers
 126 Restrictions on credits: partnership
 Division 4 — Administration
 127 Deemed payment
 128 Filing requirements
 129 Powers of audit
 130 Collection and sharing of information
 131 Power to make regulations