I-3 - Taxation Act

Section 350.0.1 Disposition versions

2023-03-15

350.0.1. In this chapter,

“amount on account of employer-provided travel benefits” of a taxpayer means, in respect of a trip made by the taxpayer or an eligible family member of the taxpayer, the amount that is the aggregate of

(a)  the value of the assistance provided to the taxpayer in respect of the taxpayer’s employment in respect of travel expenses for the trip; and

(b)  the amount received by the taxpayer in respect of the taxpayer’s employment in respect of travel expenses for the trip;

“eligible family member” of a taxpayer, at any time, means a member of the taxpayer’s household who is at that time

(a)  the taxpayer’s spouse;

(b)  a child of the taxpayer under the age of 18; or

(c)  an individual who is

i.  related to the taxpayer, and

ii.  wholly dependent for support on the taxpayer, the taxpayer’s spouse, or both of them, and, except in the case of the taxpayer’s father, mother, grand-father or grand-mother, so dependent by reason of mental or physical infirmity;

“standard amount” applicable in respect of an individual for a taxation year means, subject to section 350.3.3, $1,200;

“trip cost” has the meaning assigned by Chapter IV of Title XXI of the Regulation respecting the Taxation Act (chapter I-3, r. 1).

2023, c. 2, s. 8.