I-3 - Taxation Act

Section 1029.8.66.5.4 Disposition versions

2017-02-08

1029.8.66.5.4. The percentage to which subparagraph a of the second paragraph of section 1029.8.66.5.3 refers for a taxation year in respect of an individual who has a spouse at the time of the application referred to in the first paragraph of that section is

(a)  80% if the individual’s estimated family income for the year does not exceed $50,000;

(b)  75% if the individual’s estimated family income for the year exceeds $50,000 but does not exceed $55,932;

(c)  70% if the individual’s estimated family income for the year exceeds $55,932 but does not exceed $61,864;

(d)  65% if the individual’s estimated family income for the year exceeds $61,864 but does not exceed $67,797;

(e)  60% if the individual’s estimated family income for the year exceeds $67,797 but does not exceed $73,729;

(f)  55% if the individual’s estimated family income for the year exceeds $73,729 but does not exceed $79,661;

(g)  50% if the individual’s estimated family income for the year exceeds $79,661 but does not exceed $85,593;

(h)  45% if the individual’s estimated family income for the year exceeds $85,593 but does not exceed $91,525; or

(i)  40% if the individual’s estimated family income for the year exceeds $91,525 but does not exceed $97,458.

2017, c. 1, s. 310.