FEDERAL BILL
Bill C-323, An Act To Amend The Income Tax Act (rehabilitation Of Historic Property)
FEDERAL BILL - AMENDS ONE STATUTE
Committee
March 24, 2017
SUMMARY
This enactment amends the Income Tax Act to establish a tax credit for expenses related to the rehabilitation of a historic property. It also establishes a tax deduction for the capital cost of property used in the course of such a rehabilitation.
Published on March 24, 2017
Bill Summary
Bill C-323, An Act To Amend The Income Tax Act (rehabilitation Of Historic Property)
SUMMARY
This enactment amends the Income Tax Act to establish a tax credit for expenses related to the rehabilitation of a historic property. It also establishes a tax deduction for the capital cost of property used in the course of such a rehabilitation.
This Bill Amends The Following Statutes
Income Tax Act R.S.C., 1985, c. 1 (5th Supp.)
Sign up for alerts on this Bill
Receive emails tracking this Bill's progress.
See all your alerts in a dashboard.
Set an alert with one click and you're done!