Bulk Taxpayer Relief Requests & Relief For Extreme Weather Events

• Published date: 13 December 2021
• Law Firm: SpenceDrake Tax Law
• Author: Mr Cris Best

Canada Revenue Agency (CRA) released guidance on "bulk" taxpayer relief requests as well as taxpayer relief for "extreme weather events." CRA makes specific reference to the "unprecedented floods in British Columbia and Eastern Canada." Taxpayers, including individuals, businesses and first responders, may fail to meet their tax filings obligations as a result. According to CRA:

When an extraordinary event (for example, natural disaster) has prevented many taxpayers from meeting their tax obligations, the minister may issue a news release to announce that special consideration will be given to providing relief, such as a waiver or cancellation of penalty and interest charges on late tax remittances or late filing of a return. In such cases, taxpayers need to ask to get relief.

Bulk Taxpayer...