On May 19, 2020 the CRA published administrative relief (found here) for taxpayers who might otherwise be facing Canadian tax residency or cross-border issues as a result of travel restrictions imposed in light of the COVID-19 crisis. Certain potential…
Below is a summary of the implications of the COVID-19 pandemic on tax audits and disputes as of June 1, 2020. A link to the CRA’s most up-to-date administrative policies regarding COVID-19 can be found here.
CRA audit activity…
I. OVERVIEW
On Saturday, April 11, 2020, Parliament – in a special sitting – enacted Bill C-14 to implement the Canada Emergency Wage Subsidy (the “CEWS”). Unlike Bill C-13, which implemented a broad variety of pandemic initiatives, including the Canada…
The decision in Grewal v Canada (National Revenue) involved a taxpayer being penalized in respect of amounts disclosed in a voluntary disclosure, despite the fact that the disclosure was accepted by the Canada Revenue Agency (“CRA”).
This case addressed…
As part of its COVID-19 Economic Response Plan, the Government has taken a number of steps to alleviate hardships faced by taxpayers. As discussed in our previous blog post, these measures include filing deadline extensions and payment deferrals to…
On May 27, 2020 the Tax Court of Canada issued an Amended Practice Order and Direction and a Notice to the Public and the Profession cancelling all judicial sittings and conference calls scheduled through July 17, 2020.
The Notice to…
Further to recent public statements (as discussed in our previous blog post), the CRA has announced that as a result of COVID-19 they will temporarily be accepting requests for certain clearance certificates and other international waivers by email. Taxpayers…
The Canada Revenue Agency has updated its website which sets forth the extended filing due dates for various entities as a result of COVID-19 (link). Extended to September 1, 2020 is the deadline to file a T2 corporate income…
On May 19, 2020, the Minister of Justice published draft legislative proposals which may, if enacted, temporarily extend or suspend certain time limits. In general, such extensions and suspensions are premised on COVID-19 making compliance with statutory time limits difficult…
The federal government yesterday released amendments to the Income Tax Regulations relating to two of its COVID-19-induced wage subsidy programs.
First, new section 8901.1 of the Regulations expands the eligibility for the Canada Emergency Wage Subsidy (the “CEWS”) in…
