On August 11, 2020, the Canada Revenue Agency updated its frequently asked questions page (available here) for the Canada Emergency Wage Subsidy (the “CEWS”). This update follows significant amendments to the CEWS legislation enacted on July 27, 2020. Read…
The Canada Revenue Agency has updated its website which sets forth the extended payment deadlines for various entities as a result of COVID-19 (link).
Extended from September 1 to September 30, 2020 is the deadline for individuals, corporations and trusts…
As part of its reopening process, the Tax Court of Canada is introducing a fast-track settlement conference process to address the delays created by the Court’s closure due to the COVID-19 pandemic. This new avenue of resolution is available for…
On July 17, 2020, the Department of Finance released draft legislative proposals (link) providing further relief related to COVID-19. Included were extensive revisions to the CEWS rules to, among other things:
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The Prime Minister announced on July 13, 2020 that the federal government will extend the Canada Emergency Wage Subsidy (the “CEWS”) until at least December. Read our detailed blog post on the CEWS here.
Further details about the extension,…
The Tax Court of Canada reopened for business on Monday July 6, 2020. All Court’s Registry offices are now open, with the exception of the Hamilton office.
The Court is expected to release additional information in relation to its reopening…
The CRA has released a technical interpretation (2020-0846711I7) outlining its views on what “extraordinary items” means for purposes of the Canada Emergency Wage Subsidy (“CEWS”). Read our detailed blog post on the CEWS here.
Qualifying revenue of an eligible…
Individuals and entities can continue to rely on CRA’s administrative relief regarding residency and cross-border issues arising from travel restrictions until August 31, 2020. Previously, the CRA indicated that its guidance would only apply from March 16, 2020 to June…
In Sangha v Canada (Attorney General), the taxpayer made a series of over-contributions to his Tax Free Savings Account, was assessed a 1% monthly tax on the excess amounts, and made two relief requests to the CRA for a waiver…
On June 16, 2020, the CRA posted its final update to its National COVID-19 Business Continuity Plan and, more importantly, announced its transition from a critical services mode to a business resumption mode on June 26, 2020. The CRA’s announcement…