Income Tax Act
Marginal note:Income inclusion
207.061 A holder of a TFSA shall include in computing the holder’s income for a taxation year under Part I any portion of a distribution made in the year that is described in subparagraph (a)(ii) of the definition specified distribution in subsection 207.01(1) or subparagraph 207.06(1)(b)(ii) or that is specified by the Minister as part of an agreement to waive or cancel a liability for tax under this Part.
- NOTE: Application provisions are not included in the consolidated text;
- see relevant amending Acts. 2010, c. 25, s. 61;
- 2013, c. 40, s. 78.
- Date modified: