{"id":901,"date":"2013-10-07T16:31:26","date_gmt":"2013-10-07T16:31:26","guid":{"rendered":"https:\/\/thor.ca\/\/blog\/?p=901"},"modified":"2013-10-07T16:31:26","modified_gmt":"2013-10-07T16:31:26","slug":"cra-considers-whether-tax-elections-are-late-filed","status":"publish","type":"post","link":"https:\/\/www.thor.ca\/blog\/2013\/10\/cra-considers-whether-tax-elections-are-late-filed\/","title":{"rendered":"CRA considers whether tax elections are late-filed"},"content":{"rendered":"<p>In <a href=\"http:\/\/thor.ca\/blog\/wp-content\/uploads\/2013\/10\/2013-0487871I7.pdf\">2013-0487871I7<\/a>, the CRA rulings directorate advised a local CRA office that certain tax elections filed with the taxpayer\u2019s original tax return should not be considered as late-filed, even though the tax return itself was late-filed.  Various provisions require the filing of tax elections: some must be filed with a tax return; others must be filed by the \u201cfiling-due date\u201d (the latter defined in s. 248(1) as the day the return is due to be filed).  The CRA confirmed that where an election must simply be filed in a return, such election should not be considered late-filed provided the election is in fact filed with the original return.  And this is so even if the original return is late-filed (Hayes v. The Queen, 2005 D.T.C. 5373 (FCA)).  Conversely, if such election is not filed with the original return, the election would be considered as late-filed.  The CRA observed that it may not be possible to make certain elections in an electronically filed return.  In this event, administrative relief should be considered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In <a href=\"http:\/\/thor.ca\/blog\/wp-content\/uploads\/2013\/10\/2013-0487871I7.pdf\">2013-0487871I7<\/a>, the CRA rulings directorate advised a local CRA office that certain tax elections filed with the taxpayer\u2019s original tax return should not be considered as late-filed, even though the tax return itself was late-filed.  Various provisions require&hellip;<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-901","post","type-post","status-publish","format-standard","hentry","category-corporate-tax"],"_links":{"self":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/comments?post=901"}],"version-history":[{"count":0,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/posts\/901\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/media?parent=901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/categories?post=901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thor.ca\/blog\/wp-json\/wp\/v2\/tags?post=901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}