29 March 2005 Internal T.I. 2005-0111401I7 F - Article 7306 du Règlement -- summary under Regulation 7306

Do the terms "taxation year" and "in the year" refer to the individual's taxation year, i.e., calendar year, or to the taxation year of the employer. CRA responded:

For the purposes of section 7306 of the Regulations, we are of the view that the terms "taxation year" and "in the year" refer to a calendar year since an allowance is calculated for an individual's use of one or more automobiles.