Marginal note:Definitions
125.6 (1) The following definitions apply in this section.
- assistance
assistance means an amount, other than an amount received from the Aid to Publishers component of the Canada Periodical Fund or an amount deemed under subsection (2) to have been paid, that would be included under paragraph 12(1)(x) in computing the income of a taxpayer for any taxation year if that paragraph were read without reference to
(a) subparagraphs 12(1)(x)(v) to (viii), if the amount were received
(i) from a person or partnership described in subparagraph 12(1)(x)(ii), or
(ii) in circumstances where clause 12(1)(x)(i)(C) applies; and
(b) subparagraphs 12(1)(x)(v) to (vii), in any other case. (montant d’aide)
- eligible newsroom employee
eligible newsroom employee, in respect of a qualifying journalism organization in a taxation year, means an individual who
(a) is employed by the organization in the taxation year;
(b) works, on average, a minimum of 26 hours per week throughout the portion of the taxation year in which the individual is employed by the organization;
(c) at any time in the taxation year, has been, or is reasonably expected to be, employed by the organization for a minimum period of 40 consecutive weeks that includes that time;
(d) spends at least 75% of their time engaged in the production of original written news content, including by researching, collecting information, verifying facts, photographing, writing, editing, designing and otherwise preparing content; and
(e) meets any prescribed conditions. (employé de salle de presse admissible)
- low threshold qualifying labour expenditure
low threshold qualifying labour expenditure of a taxpayer for a taxation year that begins before 2023 and ends after 2022, in respect of an eligible newsroom employee, means the lesser of
(a) the amount determined by the formula
$55,000 × A ÷ 365
where
- A
- is the lesser of 365 and the number of days in the taxation year that are before 2023 during which the taxpayer is a qualifying journalism organization, and
(b) the amount determined by the formula
A − B
where
- A
- is the amount determined by the formula
C × D ÷ E
where
- C
- is the salary or wages payable by the taxpayer to the eligible newsroom employee in respect of the portion of the taxation year throughout which the taxpayer is a qualifying journalism organization,
- D
- is the number of days in the taxation year that are before 2023 during which the taxpayer is a qualifying journalism organization, and
- E
- is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and
- B
- is the amount determined by the formula
F × G ÷ H
where
- F
- is the total of all amounts each of which is an amount of assistance that
(i) the taxpayer has received, is entitled to receive or can reasonably be expected to receive, in respect of amounts described in C, and
(ii) has not been repaid before the end of the year pursuant to a legal obligation to do so,
- G
- is the number of days in the taxation year that are before 2023 during which the taxpayer is a qualifying journalism organization, and
- H
- is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization. (seuil inférieur de dépense de main-d’oeuvre admissible)
- qualifying journalism organization
qualifying journalism organization, at any time, means a qualified Canadian journalism organization that meets the following conditions:
(a) it does not hold a licence, as defined in subsection 2(1) of the Broadcasting Act; and
(b) if it is a corporation having share capital, it meets the conditions in subparagraph (e)(iii) of the definition Canadian newspaper in subsection 19(5). (organisation journalistique admissible)
(c) [Repealed, 2021, c. 23, s. 23]
(d) [Repealed, 2021, c. 23, s. 23]
- qualifying labour expenditure
qualifying labour expenditure of a taxpayer for a taxation year in respect of an eligible newsroom employee, for a taxation year
(a) that begins before 2023 and ends after 2022, means the lesser of
(i) the amount determined by the formula
$85,000 × A ÷ 365
where
- A
- is the lesser of 365 and the number of days in the taxation year that are after 2022 during which the taxpayer is a qualifying journalism organization, and
(ii) the amount determined by the formula
A − B
where
- A
- is the amount determined by the formula
C × D ÷ E
where
- C
- is the salary or wages payable by the taxpayer to the eligible newsroom employee in respect of the portion of the taxation year throughout which the taxpayer is a qualifying journalism organization,
- D
- is the number of days in the taxation year that are after 2022 during which the taxpayer is a qualifying journalism organization, and
- E
- is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and
- B
- is the amount determined by the formula
F × G ÷ H
where
- F
- is the total of all amounts each of which is an amount of assistance that
(A) the taxpayer has received, is entitled to receive or can reasonably be expected to receive, in respect of amounts described in C, and
(B) has not been repaid before the end of the year pursuant to a legal obligation to do so,
- G
- is the number of days in the taxation year that are after 2022 during which the taxpayer is a qualifying journalism organization, and
- H
- is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization; and
(b) that begins after 2022, means the lesser of
(i) the amount determined by the formula
$85,000 × A ÷ 365
where
- A
- is the lesser of 365 and the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and
(ii) the amount determined by the formula
A − B
where
- A
- is the salary or wages payable by the taxpayer to the eligible newsroom employee in respect of the portion of the taxation year throughout which the taxpayer is a qualifying journalism organization, and
- B
- is the total of all amounts each of which is an amount of assistance that
(A) the taxpayer has received, is entitled to receive or can reasonably be expected to receive, in respect of amounts described in A, and
(B) has not been repaid before the end of the year pursuant to a legal obligation to do so. (dépense de main-d’oeuvre admissible)
Marginal note:Tax credit
(2) A taxpayer (other than a partnership) that is a qualifying journalism organization at any time in a taxation year and that files a prescribed form containing prescribed information with its return of income for the year is deemed to have, on its balance-due day for the year, paid on account of its tax payable under this Part for the year
(a) if the year begins before 2023 and ends after 2022, an amount determined by the formula
0.25 × A + 0.35 × B − C
where
- A
- is the total of all amounts each of which is a low threshold qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee,
- B
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee, and
- C
- is the amount received by the taxpayer from the Aid to Publishers component of the Canada Periodical Fund in the year;
(b) if the year begins after 2022 and ends before 2027, an amount determined by the formula
0.35 × A − B
where
- A
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee, and
- B
- is the amount received by the taxpayer from the Aid to Publishers component of the Canada Periodical Fund in the year;
(c) if the year begins before 2027 and ends after 2026, an amount determined by the formula
0.35 × A + 0.25 × B − C
where
- A
- is the amount determined by the formula
D × E ÷ F
where
- D
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee,
- E
- is the number of days in the taxation year that are before 2027 during which the taxpayer is a qualifying journalism organization, and
- F
- is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization,
- B
- is the amount determined by the formula
G × H ÷ I
where
- G
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee,
- H
- is the number of days in the taxation year that are after 2026 during which the taxpayer is a qualifying journalism organization, and
- I
- is the number of days in the taxation year during which the taxpayer is a qualifying journalism organization, and
- C
- is the amount received by the taxpayer from the Aid to Publishers component of the Canada Periodical Fund in the year; and
(d) if the year begins after 2026, an amount determined by the formula
0.25 × A − B
where
- A
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the year in respect of an eligible newsroom employee, and
- B
- is the amount received by the taxpayer from the Aid to Publishers component of the Canada Periodical Fund in the year.
Marginal note:Partnership — tax credit
(2.1) If a taxpayer (other than a partnership) is a member of a partnership (other than a specified member of the partnership) at the end of a fiscal period of the partnership that ends in a taxation year of the taxpayer, the partnership is a qualifying journalism organization at any time in that fiscal period and the partnership files an information return in prescribed form containing prescribed information for that fiscal period, then the taxpayer is deemed to have, on the taxpayer’s balance-due day for the taxation year, paid on account of the taxpayer’s tax payable under this Part for the taxation year
(a) if the fiscal period begins before 2023 and ends after 2022, an amount determined by the formula
(0.25 × A + 0.35 × B − C) × D ÷ E
where
- A
- is the total of all amounts each of which is a low threshold qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee,
- B
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee,
- C
- is the amount received by the qualifying journalism organization from the Aid to Publishers component of the Canada Periodical Fund in the fiscal period,
- D
- is the specified proportion of the taxpayer for the fiscal period, and
- E
- is the total of all specified proportions of members of the partnership for the fiscal period, other than members that are partnerships or specified members of the partnership;
(b) if the fiscal period begins after 2022 and ends before 2027, an amount determined by the formula
(0.35 × A − B) × C ÷ D
where
- A
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee,
- B
- is the amount received by the qualifying journalism organization from the Aid to Publishers component of the Canada Periodical Fund in the fiscal period,
- C
- is the specified proportion of the taxpayer for the fiscal period, and
- D
- is the total of all specified proportions of members of the partnership for the fiscal period, other than members that are partnerships or specified members of the partnership;
(c) if the fiscal period begins before 2027 and ends after 2026, an amount determined by the formula
(0.35 × A + 0.25 × B − C) × D ÷ E
where
- A
- is the amount determined by the formula
F × G ÷ H
where
- F
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee,
- G
- is the number of days in the fiscal period that are before 2027 during which the partnership is a qualifying journalism organization, and
- H
- is the number of days in the fiscal period during which the partnership is a qualifying journalism organization,
- B
- is the amount determined by the formula
I × J ÷ K
where
- I
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee,
- J
- is the number of days in the fiscal period that are after 2026 during which the partnership is a qualifying journalism organization, and
- K
- is the number of days in the fiscal period during which the partnership is a qualifying journalism organization,
- C
- is the amount received by the qualifying journalism organization from the Aid to Publishers component of the Canada Periodical Fund in the fiscal period,
- D
- is the specified proportion of the taxpayer for the fiscal period, and
- E
- is the total of all specified proportions of members of the partnership for the fiscal period, other than members that are partnerships or specified members of the partnership; and
(d) if the fiscal period begins after 2026, an amount determined by the formula
(0.25 × A − B) × C ÷ D
where
- A
- is the total of all amounts each of which is a qualifying labour expenditure of the qualifying journalism organization for the fiscal period in respect of an eligible newsroom employee,
- B
- is the amount received by the qualifying journalism organization from the Aid to Publishers component of the Canada Periodical Fund in the fiscal period,
- C
- is the specified proportion of the taxpayer for the fiscal period, and
- D
- is the total of all specified proportions of members of the partnership for the fiscal period, other than members that are partnerships or specified members of the partnership.
Marginal note:Partnership — application rule
(2.2) In this section, a taxpayer includes a partnership.
Marginal note:When assistance received
(3) For the purposes of this Act other than this section, and for greater certainty, the amount that a taxpayer is deemed under subsection (2) or (2.1) to have paid for a taxation year is assistance received by the taxpayer from a government immediately before the end of the year.
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- 2019, c. 29, s. 23
- 2021, c. 23, s. 23
- 2024, c. 17, s. 33
- Date modified: