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The Family Tax Cut, announced by the federal government in an October 30, 2014 Tax Update, is effective for the 2014 and 2015 taxation years only. Although it is not technically "income splitting", it allows a non-refundable tax credit of up to $2,000 based on a "notional" transfer of income. Electronic versions of forms under the Family Law Rules , Family Law Rules forms; Form Number Application (General) April 12, 2016:

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