TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
tax credit [2 records]
Record 1 - internal organization data 2011-09-02
Record 1, English
Record 1, Subject field(s)
- Taxation
- Customs and Excise
Record 1, Main entry term, English
- tax credit
1, record 1, English, tax%20credit
correct
Record 1, Abbreviations, English
Record 1, Synonyms, English
- abatement 2, record 1, English, abatement
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 DEF
A credit that is deducted from the income tax that an individual or corporation would otherwise pay. 3, record 1, English, - tax%20credit
Record number: 1, Textual support number: 1 OBS
It differs from a tax deduction, which is subtracted from a person's or a corporation's total income, thus lowering the taxable income against which income tax is levied. The value of the tax deduction for an individual depends on the level of income. The higher the income, the higher the top marginal rate of tax, and the greater the value of the tax deduction. In the case of a tax credit, however, the value is the same to all recipients, since it is deducted from the actual tax they would otherwise pay. The tax credit is considered a preferable way of extending benefits to individuals since it gives all recipients the same amount of money, while a tax deduction gives a greater benefit to people with high incomes. Moreover, a tax credit can be paid to people whose income is too low to require them to pay taxes, under a system of negative income tax, whereas a tax deduction can only benefit people who have taxable income. 3, record 1, English, - tax%20credit
Record number: 1, Textual support number: 2 OBS
tax credit: term used in the context of the Strategic and Operating Review of the federal government of Canada. 4, record 1, English, - tax%20credit
Record 1, French
Record 1, Domaine(s)
- Fiscalité
- Douanes et accise
Record 1, Main entry term, French
- crédit d'impôt
1, record 1, French, cr%C3%A9dit%20d%27imp%C3%B4t
correct, masculine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- dégrèvement fiscal 2, record 1, French, d%C3%A9gr%C3%A8vement%20fiscal
correct, masculine noun
- crédit 3, record 1, French, cr%C3%A9dit
correct, masculine noun
- dégrèvement 2, record 1, French, d%C3%A9gr%C3%A8vement
correct, masculine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Montant que la législation fiscale permet au contribuable de déduire de ses impôts à payer. 2, record 1, French, - cr%C3%A9dit%20d%27imp%C3%B4t
Record number: 1, Textual support number: 1 OBS
Au Canada, outre le crédit de base, la loi accorde notamment les crédits suivants : achat d'actions, déficience mentale ou physique, dons de charité, enfants, études, fonds de travailleurs, frais de scolarité, frais médicaux, investissement, pension, personne à charge, personne âgée, personnel, personne mariée, recherche scientifique. 2, record 1, French, - cr%C3%A9dit%20d%27imp%C3%B4t
Record number: 1, Textual support number: 2 OBS
Dans le cas du crédit pour impôt provincial, on emploie plutôt le mot «abattement». 2, record 1, French, - cr%C3%A9dit%20d%27imp%C3%B4t
Record number: 1, Textual support number: 3 OBS
crédit d'impôt : terme en usage dans le contexte de l'Examen stratégique et fonctionnel du gouvernement fédéral du Canada. 4, record 1, French, - cr%C3%A9dit%20d%27imp%C3%B4t
Record 1, Spanish
Record 1, Campo(s) temático(s)
- Sistema tributario
- Aduana e impuestos internos
Record 1, Main entry term, Spanish
- descuento impositivo
1, record 1, Spanish, descuento%20impositivo
masculine noun
Record 1, Abbreviations, Spanish
Record 1, Synonyms, Spanish
- crédito fiscal 2, record 1, Spanish, cr%C3%A9dito%20fiscal
masculine noun
Record 1, Textual support, Spanish
Record number: 1, Textual support number: 1 DEF
Monto en dinero a favor del contribuyente en la determinación de la obligación tributaria, que éste puede deducir del débito fiscal para determinar el monto de dinero a pagar al Fisco. 2, record 1, Spanish, - descuento%20impositivo
Record 2 - internal organization data 1998-06-22
Record 2, English
Record 2, Subject field(s)
- Taxation
- Accounting
Record 2, Main entry term, English
- deferred tax credit
1, record 2, English, deferred%20tax%20credit
correct
Record 2, Abbreviations, English
Record 2, Synonyms, English
- tax credit 2, record 2, English, tax%20credit
correct
Record 2, Textual support, English
Record number: 2, Textual support number: 1 OBS
Compare to "deferred tax debit". 3, record 2, English, - deferred%20tax%20credit
Record 2, French
Record 2, Domaine(s)
- Fiscalité
- Comptabilité
Record 2, Main entry term, French
- impôts reportés passifs
1, record 2, French, imp%C3%B4ts%20report%C3%A9s%20passifs
correct, masculine noun, Canada
Record 2, Abbreviations, French
Record 2, Synonyms, French
- passifs d'impôts reportés 1, record 2, French, passifs%20d%27imp%C3%B4ts%20report%C3%A9s
correct, masculine noun, Canada
- impôts reportés créditeurs 1, record 2, French, imp%C3%B4ts%20report%C3%A9s%20cr%C3%A9diteurs
correct, masculine noun, Canada
- impôts différés passifs 1, record 2, French, imp%C3%B4ts%20diff%C3%A9r%C3%A9s%20passifs
correct, masculine noun, Belgium, France
- passifs d'impôts différés 1, record 2, French, passifs%20d%27imp%C3%B4ts%20diff%C3%A9r%C3%A9s
correct, masculine noun, Belgium, France
Record 2, Textual support, French
Record number: 2, Textual support number: 1 DEF
Impôts reportés (ou différés) découlant des effets fiscaux des écarts temporaires cumulés correspondant à un excédent du résultat comptable sur le résultat fiscal. 1, record 2, French, - imp%C3%B4ts%20report%C3%A9s%20passifs
Record 2, Key term(s)
- impôt reporté passif
- passif d'impôt reporté
- impôt reporté créditeur
- impôt différé passif
- passif d'impôt différé
Record 2, Spanish
Record 2, Textual support, Spanish
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