Newfoundland and Labrador announced it is extending its tax return filing deadlines for various provincial taxes. In a provincial news release, dated April 7, 2020, Newfoundland and Labrador said it would extend filing deadlines until June 23, 2020 (for returns originally due on or between March 20, 2020 and May 31, 2020), other than returns required from interjurisdictional carriers, for several provincial taxes, including:

• Gasoline tax
• Carbon tax
• Health and post-secondary education tax
• Insurance companies tax
• Mining and mineral rights tax
• Tax on insurance premiums
• Tobacco tax

As a result, monthly filers may delay their filing and remittance of such taxes owed for the February, March and April 2020 reporting periods to June 23, 2020.

Deadlines for interjurisdictional carriers

Newfoundland and Labrador is also extending the tax filing and payment deadline for International Fuel Tax Agreement returns from interjurisdictional carriers regarding their first quarter of 2020, to June 1, 2020 (from April 30, 2020).

Remission of interest and penalties

Taxpayers may submit a written request for remission of interest and penalties if they are prevented from making a payment when due, filing a return on time, or otherwise complying with a tax obligation, as a result of COVID-19. All requests will be reviewed on a case-by-case basis.

For more information, contact your KPMG advisor.

Information is current to April 14, 2020. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500