Businesses in Alberta will have more time to meet filing and payment deadlines for certain provincial taxes.
The province recently announced plans to defer corporate income tax balances and instalment payments to August 31, 2020, cancel changes to education property tax and defer worker's compensation premium payments of some businesses to 2021, among other changes. Alberta is one of several provinces to defer taxation and payment deadlines in response to the COVID-19 situation.
Download this edition of the TaxNewsFlash to learn more.
© 2021 KPMG LLP, an Ontario limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.