Two-volume Paperback, Thomson Reuter
Practitioner's Income Tax Act is a comprehensive resource with expert insights, detailed annotations, and updated amendments – all in a portable, two-volume format. It features extensive tax rate tables and the full text of the Canada-U.S. and Canada-U.K treaties.
New developments in this edition include:
- Bill C-15, Budget 2025 Implementation Act, No. 1 (First Reading November 18, 2025; Second Reading December 10, 2025): Implements certain 2025 Budget and 2024 Fall Economic Statement measures and various earlier proposals (throughout the Act and Regulations)
- Bill C-19, Canada Groceries and Essentials Benefit Act (First Reading January 28, 2026): Increases and renames the GST/HST Credit , as announced by the Prime Minister on January 26, 2026 (ITA 122.5 and related provisions)
- November 4, 2025 Federal Budget, including proposed amendments (Notice of Ways and Means Motion) not included in Bill C-15 and excerpts from the Budget Supplementary Information and chapters of the Budget Plan (throughout the Act and Regulations)
- August 15, 2025 draft legislation: 2024 Fall Economic Statement measures and technical amendments not included in Bill C-15 (throughout the Act and Regulations)
- January 14, 2026 Finance Canada announcement: 2026 automobile dollar limits (Reg. 7305.1, 7306, 7307)
- August 18 and September 26, 2025 Agriculture Canada announcements: Livestock tax deferral regions for 2025 (Reg. 7305.01)
- Various other announcements from Finance, CRA and other government departments providing administrative relief, etc. and indicating possible legislative amendments