Canada Issues Tax Relief Reminder
Monday, November 15, 2010
The Canada Revenue Agency (CRA) has issued a reminder to taxpayers and all
tax registrants that they have until December 31, 2010 to file requests under
the taxpayer relief provisions for the 2000 tax year and any reporting period
that ended during the 2000 calendar year.
The taxpayer relief provisions of the Excise Tax Act allow the Minister some discretion
in cancelling or waiving interest and certain penalties for reporting
periods that ended within the last 10 calendar years preceding the year in which
a request is made.
The CRA noted for instance that some taxpayers or registrants may be involved in a tax process with the CRA
(for example, an audit, objection or appeal) for the 2000 tax year or a reporting
period that ended in 2000. Some taxpayers or registrants
may not be sure if they need taxpayer relief in regard to their situation. If
so, the CRA has advised that they should make a request before the deadline, adding that any request-related information that is not available at deadline
time can be sent later.
Taxpayers and registrants or their authorized representatives can make a taxpayer
relief request by completing Form RC4288, Request for Taxpayer Relief, or by
writing to their tax services office.