NEWFOUNDLAND AND LABRADOR
REGULATION 59/11

Low Income Tax Reduction Regulations, 2011
under the
Income Tax Act, 2000
(O.C. 2011-183)

(Filed June 21, 2011)

Under the authority of sections 21.1 and 68 of the Income Tax Act, 2000 the Lieutenant-Governor in Council makes the following regulations.

Dated at St. John's, June 20, 2011.

Robert Thompson
Clerk of the Executive Council

REGULATIONS

Analysis

        1.   Short title

        2.   Definition

        3.   Low income tax reduction amounts

        4.   Repeal

        5.   Commencement

Short title

        1. These regulations may be cited as the Low Income Tax Reduction Regulations, 2011.

Definition

        2. In these regulations, "Act" means the Income Tax Act, 2000.

Low income tax reduction amounts

        3. For the purpose of the Act, for the 2011 taxation year 

             (a)  the amount referred to in paragraph 21.1(2.1)(a) is $572; and

             (b)  the amount referred to in paragraph 21.1(2.1)(b) is $288.

Repeal

        4. The Low Income Tax Reduction Regulations, 2010, Newfoundland and Labrador Regulation 95/10, is repealed.

Commencement

        5. These regulations are considered to have come into force on January 1, 2011.

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