The Canadian Revenue Agency (CRA) and Revenu Québec have extended the income tax payment deadlines for individual, corporation, and trust income tax returns (including installments payments) to September 30, 2020.
The Canadian Revenue Agency (CRA) and Revenu Québec have extended the income tax payment deadlines for individual, corporation, and trust income tax returns (including installments payments) to September 30, 2020.1
Guidance on Interest and penalty relief was also announced. (For related coverage, see the following issues of GMS Flash Alert: 2020-275 (June 9, 2020), 2020-270 (June 5, 2020), and 2020-099 (March 23, 2020).
For the full story, see “Income Tax Payment Deadlines Extended to September 30,” in TaxNewsFlash-Canada (2020-065, July 27, 2020), a publication of the KPMG International member firm in Canada.
1 The CRA's guidance is available on this CRA webpage.
The information contained in this newsletter was submitted by the KPMG International member firm in Canada.
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