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Canada: Proposal to extend tax, legal deadlines (COVID-19)

Canada: Proposal to extend tax, legal deadlines

Canada’s federal government on 19 May 2020 released proposed legislation that would allow certain deadlines in response to the coronavirus (COVID-19) pandemic.

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The proposal would temporarily suspend certain federal legislation and certain regulatory time limits for legal proceedings before the courts to as late as 13 September 2020.

The proposal could also affect certain tax deadlines—such as the filing deadline for scientific research and experimental development (SR&ED) claims—and the periods that the Canada Revenue Authority (CRA) is able to make an assessment or reassessment.

The government will accept comments on these proposals until 29 May 2020.


KPMG observation

It is not yet known whether the government will use this legislation to postpone any upcoming tax deadlines or reassessment periods. Accordingly, taxpayers need to watch this development so that they are aware of any potential delays that may affect their rights and obligations.

Read a May 2020 report prepared by the KPMG member firm in Canada

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