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Canada Revenue Tax Credit
TAX CREDIT EFFECTIVE JULY 1, 2006 starting with the July 2006 TTC Metropass.
Keep your pass!
"Canada Revenue Agency tells monthly public transit pass holders: Keep your pass! The Canada Revenue Agency is advising transit users to keep their monthly transit passes and receipts if they plan to claim a proposed new tax credit for public transit use on their 2006 income tax return."
Additional information on how to claim the tax credit for public transit passes: See the Canada Revenue Agency website by clicking the link below.