The CRA has announced it is offering tax relief to Canadians affected by the wildfires in British Columbia.
The CRA is ceasing all collections, audit related-activities and administrative correspondence for those in affected areas and is cancelling penalties and interest for individuals and businesses who are impacted and delayed in filing their tax return or in paying amounts owing because of these events. Designated telephone agents will be available to provide assistance to callers affected by the wildfires, which includes requesting taxpayer relief on their behalf and other services.
Individuals in need of assistance can contact the CRA at 1-800-959-8281 and business callers can call 1-800-959-5525.
For more information, contact your KPMG adviser.
Information is current to August 08, 2017. 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