Plain meaning
A legal rule made under authority granted by a statute, often setting out detailed administrative or technical rules.
Also called
Excise Tax Act regulations
Income Tax Regulations
regulations
Key points
- Regulation helps explain how legal authority is created, interpreted, challenged, or applied.
- Tax results often depend on both statutory wording and how courts or administrative bodies interpret that wording.
- The level of authority matters: a statute, regulation, appellate decision, trial decision, and administrative guidance do not all carry the same weight.
- For readers, the concept helps separate a binding legal rule from a factual result, policy proposal, administrative position, or litigation step.
Why it comes up
Tax regulations can determine rates, definitions, prescribed forms, calculations, and technical implementation of statutory measures. It can affect how tax rules are enacted, interpreted, enforced, challenged, or reported to the public.