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.
To subscribe to GMS Flash Alert, fill out the subscription form.
© 2021 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Flash Alert is an Global Mobility Services publication of KPMG LLPs Washington National Tax practice. The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor 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 on such information without appropriate professional advice after a thorough examination of the particular situation.