AI-assisted research summary: These regulations set the income tax indexation factor for 2005 to 2007 and state when the regulations come into force.
1 INCOME TAX INDEXATION I-2.01 REG 3 The Income Tax Indexation Regulations being Chapter I-2.01 Reg 3 (effective January 1, 2005) as amended by Saskatchewan Regulations 127/2005 and 114/2006. NOTE: This consolidation is not official. Amendments have been incorporated for convenience of reference and the original statutes and regulations should be consulted for all purposes of interpretation and application of the law. In order to preserve the integrity of the original statutes and regulations, errors that may have appeared are reproduced in this consolidation. 2 I-2.01 REG 3 INCOME TAX INDEXATION Table of Contents 1 Title 2 Indexation factor prescribed 3 Coming into force 3 INCOME TAX INDEXATION I-2.01 REG 3 CHAPTER I-2.01 REG 3 The Income Tax Act, 2000 Title 1 These regulations may be cited as The Income Tax Indexation Regulations. Indexation factor prescribed 2 The indexation factor mentioned in the description of C in subsections 51(5) and (8) of The Income Tax Act, 2000 is the following: (a) 1.7% for the 2005 taxation year; (b) 2.2% for the 2006 taxation year; (c) 2.2% for the 2007 taxation year. 9 Dec 2005 SR 127/2005 s2; 22 Dec 2006 SR 114/2006 s2. Coming into force 3(1) Subject to subsection (2), these regulations come into force on January 1, 2005. (2) If these regulations are filed with the Registrar of Regulations after January 1, 2005, these regulations come into force on the day on which they are filed with the Registrar of Regulations. 26 Nov 2004 cI-2.01 Reg 3 s3. 4 I-2.01 REG 3 INCOME TAX INDEXATION REGINA, SASKATCHEWAN Printed by the authority of THE QUEEN’S PRINTER Copyright©2006