role="main" class="main-container container js-quickedit-main-content" id="main-content">

Bill 21, Taxation Amendment Act (Travel Ontario Tax Credit), 2021

Gates, Wayne

Please select

View bill

Status

Debates

Acts affected

Original

Bill 21 Original (PDF)

EXPLANATORY

NOTE

The

Bill amends the Taxation Act, 2007 to provide for a

non-refundable tax credit of up to $1,000 for residents of Ontario for travel

in Ontario for the purposes of tourism.

Bill 21 2021

Act to amend the Taxation Act, 2007 to provide for a non-refundable tax credit

to encourage tourism within Ontario

Her

Majesty, by and with the advice and consent of the Legislative Assembly of the

Province of Ontario, enacts as follows:

Subsection 16 (2) of the Taxation Act, 2007 is

amended by striking out “21.1 and 22” at the end and substituting “21.1, 22 and

103.1.3”.

The Act is amended by adding the following section:

Travel

Ontario tax credit

103.1.3

(1) An

eligible person who is an individual and who was resident in Ontario on the

last day of a taxation year ending after December 31, 2019 may deduct from the

amount of tax otherwise payable for the year under Division B of

Part II an

Ontario tourism tax credit not exceeding $1,000.

Regulations

(2) The

Lieutenant Governor in Council may make regulations prescribing any rules the

Lieutenant Governor in Council considers necessary or advisable for the

purposes of the proper administration of the credit under this section,

including rules respecting the receipts and other information a person may be

required to provide in connection with this section.

Commencement

This Act comes into force on the day it receives Royal Assent.

Short

title

The

short title of this Act is the Taxation Amendment Act

(Travel Ontario Tax Credit), 2021 .

Date Bill stage Event Outcome Committee

October 18, 2021

First Reading

Vote

Carried

Debates and Progress

First Reading

October 18, 2021

Committee

Second Reading

Committee

Third Reading

Royal Assent

Acts affected - Bill 21

Most Ontario public acts are available electronically; to view copies of the Acts to be amended by this bill visit e-laws

Taxation Act, 2007

Legislative Assembly of Ontario

Was this page helpful? Yes , I found this page helpful. An optional survey will open in a new tab. No , I didn’t find this page helpful. An optional survey will open in a new tab.

Back to top