The Canadian Federation of Business and Professional Women

Tax Credit on the Interest Income from Municipal Debentures – 1970

  • RESET

Category:

LEGISLATION

Sub-Category:

INCOME TAX ACT

Resolution Number:

600.50.26

Club:

Sydney

Province:

British Columbia

Year:

1970

Status:

Resolved

Background:

Comments:

THEREFORE BE IT RESOLVED THAT the Canadian Federation of Business and Professional Women’s Clubs request the Government of Canada to made provisions under the Income Tax Act so that interest received from municipal debentures is subject to a 20% tax credit in order to encourage investment in municipal debentures.

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Article ID: 15859