A-29.011, (not exceeding the maximum amount of such premiums payable by the individual for the year under that Act) exceeds the amount deductible under paragraph 60(g) in computing the individual’s income for the year,(b)the total of all amounts each of which is an amount payable by the individual for the year as an employee’s contribution under subsection 8(1) of theCanada Pension Planor as a like contribution under aprovincial pension plan, as defined in section 3 of that Act, not exceeding the maximum amount of such contributions payable by the individual for the year under the plan, and(c)the amount by which(i)the total of all amounts each of which is an amount payable by the individual in respect of self-employed earnings for the year as a contribution under theCanada Pension Planor under a provincial pension plan within the meaning assigned by section 3 of that Act (not exceeding the maximum amount of such contributions payable by the individual for the year under the plan)exceeds(ii)the amount deductible under paragraph 60(e) in computing the individual’s income for the year.
(i)the total of all amounts each of which is an amount payable by the individual in respect of self-employed earnings for the year as a contribution under theCanada Pension Planor under a provincial pension plan within the meaning assigned by section 3 of that Act (not exceeding the maximum amount of such contributions payable by the individual for the year under the plan)
(ii)the amount deductible under paragraph 60(e) in computing the individual’s income for the year.
[NOTE: Application provisions are not included in the consolidated textsee relevant amending Acts and regulations.]R.S., 1985, c. 1 (5th Supp.), s. 118.71996, c. 23, par. 187(d)2001, c. 17, s. 1002013, c. 34, s. 2532016, c. 14, s. 68
(a)the amount that would be the spouse’s or common-law partner’s tax payable under this Part for the year if no amount were deductible under this Division (other than an amount deductible under subsection 118(1) because of paragraph (c) of the description of B in that subsection, under subsection 118(10) or under any of sections 118.01 to 118.07, 118.3, 118.61 and 118.7)
(b)the lesser of(i)the total of all amounts that may be deducted under section 118.5 in computing the spouse’s or common-law partner’s tax payable under this Part for the year, and(ii)the amount that would be the spouse’s or common-law partner’s tax payable under this Part for the year if no amount were deductible under this Division (other than an amount deductible under any of sections 118 to 118.07, 118.3, 118.61 and 118.7).
(i)the total of all amounts that may be deducted under section 118.5 in computing the spouse’s or common-law partner’s tax payable under this Part for the year, and(ii)the amount that would be the spouse’s or common-law partner’s tax payable under this Part for the year if no amount were deductible under this Division (other than an amount deductible under any of sections 118 to 118.07, 118.3, 118.61 and 118.7).
[NOTE: Application provisions are not included in the consolidated textsee relevant amending Acts and regulations.]R.S., 1985, c. 1 (5th Supp.), s. 118.81994, c. 7, Sch