[Verse 1] Open up the Income Tax Act, let's see how it's designed Part One holds the core of tax, the framework we must find Division A starts sections three and four, liability's the game Who must pay and when they pay, the Act will make it plain [Chorus] A-B-C then jump to E, the divisions tell the tale Liability, compute income, credits never fail Taxable income, then the tax, the structure's crystal clear Part Eleven-One and more, special taxes lurk in here [Verse 2] Division B is quite a beast, from five to one-two-seven Computing income step by step, the rules that we're given Employment, business, property, and capital gains too Each source of income has its place, the categories grew [Chorus] A-B-C then jump to E, the divisions tell the tale Liability, compute income, credits never fail Taxable income, then the tax, the structure's crystal clear Part Eleven-One and more, special taxes lurk in here [Verse 3] Division C brings us relief, one-ten to one-eighteen Deductions from the income base, and credits on the scene Personal amounts and charitable gifts reduce what's owed The path from income to tax due follows this same road [Bridge] But here's the thing that matters most, read sections two through four Notice what is NOT defined, the gaps worth fighting for Income has no definition, residence unclear The silence speaks as loud as words to those who lend an ear [Chorus] A-B-C then jump to E, the divisions tell the tale Liability, compute income, credits never fail Taxable income, then the tax, the structure's crystal clear Part Eleven-One and more, special taxes lurk in here [Outro] What's missing from the statutory text Can be your legal shield The Act's organization shows the way But gaps can help you yield
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