Bill C-280: An Act to amend the Income Tax Act (golfing expenses)

Cover Summary BILL C-280 First Session, Forty-second Parliament, 64-65 Elizabeth II, 2015-2016 HOUSE OF COMMONS OF CANADA BILL C-280 An Act to amend the Income Tax Act (golfing expen­ses) FIRST READING, JUNE 1, 2016 Mr. Tilson 421236 SUMMARY This enactment amends subparagraph 18(1)‍(l)‍(i) of the Income Tax Act to permit the deduction of an expense incurred by a taxpayer for the use of a golf course or facility. Available on the Parliament of Canada Web Site at the following address: http://www.parl.gc.ca 1st Session, 42nd Parliament, 64-65 Elizabeth II, 2015-2016 HOUSE OF COMMONS OF CANADA BILL C-280 An Act to amend the Income Tax Act (golfing expen­ses) R.‍S.‍, c. 1 (5th Supp.‍) Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows: 1 Subparagraph 18(1)‍(l)‍(i) of the Income Tax Act is replaced by the following: (i) for the use or maintenance of property that is a yacht, a camp or a lodge, unless the taxpayer made or incurred the outlay or expense in the ordinary course of the taxpayer’s business of providing the property for hire or reward, or Published under authority of the Speaker of the House of Commons