Acts and Regulations

2016-75 - New Brunswick Income Tax Act

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NEW BRUNSWICK
REGULATION 2016-75
under the
New Brunswick Income Tax Act
(O.C. 2016-317)
Filed December 20, 2016
1Section 3 of New Brunswick Regulation 2011-73 under the New Brunswick Income Tax Act is amended by striking out “the 2010, 2011, 2012, 2013 and 2014 taxation years” and substituting “the 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018 and 2019 taxation years”.
2Section 4 of the Regulation is amended
(a) by renumbering the section as subsection 4(1);
(b) by adding after subsection (1) the following:
4(2)For the purposes of section 52.1 of the Act, the amount of the total family income for each of the 2015, 2016, 2017, 2018 and 2019 taxation years is $30,000.
3This Regulation comes into force on January 1, 2017.