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As a result, non-respendable revenues are considered to be earned on behalf of the Government of Canada and are therefore presented as a reduction of the CRA's gross revenues. ... An allowance for doubtful accounts is recorded where recovery is considered uncertain. ... All other cases, excluding those assessed as unlikely to be lost, are considered contingent liabilities and the related amounts are disclosed when a reasonable estimate can be made. ...

Policies, guidelines and procedures The Access to Information and Privacy Directorate dedicated significant time in 2018–2019 to the review of CRA corporate documents, including policy instruments, to make sure that the role of the CRA’s Chief Privacy Officer and privacy implications were considered. ... Other requests were considered complex because of the nature and sensitivity of the subject matter. ... In 2018–2019, the CRA continued to make significant progress in addressing challenges by: developing the ATIP Way Forward workload management plan collaborating with partners across the CRA to make sure privacy implications were considered for new or revised initiatives that involved personal information finalizing the review of the privacy management program and hiring a consulting firm to implement the recommendations preparing for royal assent of Bill C-58 collaborating with the Treasury Board of Canada Secretariat and other federal agencies and departments to explore the feasibility of establishing an access to information and privacy community office In 2019–2020, the CRA will continue its work to safeguard personal information and improve efficiencies in operations by implementing recommendations within the CRA’s revised privacy management program, implementing the ATIP Way Forward plan, submitting a business case to secure resources, continuing to work on the privacy impact assessment plan, and continuing to work closely with various stakeholders on the Government’s commitment to modernize the Privacy Act. ...

Another significant amendment to the Access to Information Act, as a result of the coming into force of Bill C-58 is a government institution’s ability to request to decline to act on a request for information that is considered to be vexatious, made in bad faith or otherwise an abuse of the right of access. ... The Access to Information and Privacy Directorate’s privacy team played a critical role in ensuring that all privacy implications were considered when the benefit programs were implemented and that timely briefings took place across the CRA, with Employment and Social Development Canada, and with the Office of the Privacy Commissioner of Canada. ... Other requests were considered complex because of the nature and sensitivity of the subject matter being processed. ...

As a result, this information is considered to be confidential taxpayer information. ... If they choose to provide this information, such as in the financial statements that must be attached to Form T3010, that information would be considered confidential. ... Meeting suspends for 5 minutes while Liberal members considered the matter. ...

Fee paid to Executor If a family member or friend acts as an executor, who does not regularly give these services, then they are considered to earn income from an "office" and the amount is taxable in the same fashion as a salary. ... A corporation is considered to have been wound up if: it has followed the procedures for winding-up and dissolution provided by the appropriate federal or provincial companies act or winding-up act; or it has carried out a winding-up, other than by means of the statutory procedures and has been dissolved under the provisions of its incorporating statute. ... Professional judgement should be exercised and materiality considered when determining whether to pursue any adjustments for the year in which the corporation surrendered its charter. ...

To measure timeliness as an overall outcome, the evaluation team considered the total time that it takes to complete a ruling or a technical position. ... Advance income tax rulings are often highly complex transactions that typically require a large amount of supporting information to ensure that all provisions of income tax laws have been considered. ... From an outcome perspective, the evaluation considered the extent to which stakeholders seek out the directorate for its services in their efforts to voluntarily comply with Canada’s income tax laws. ...

A briefcase is not considered an approved container when left on claimant premises. ... Note: Tax intermediaries are not considered independent external sources. 2.20 Penalties The Act provides for a number of penalties that may be applied to claimants or, in some cases, to tax preparers. ... It also identifies the circumstances under which such a penalty should be considered. ...

You also need to identify or target the record that is being replaced by entering the Document Reference Identifier of that previously filed record in the Corrected Document Reference Identifier field You need to use the new Document Type Code "F" for fixed, for specific corrections that require cancelling and refiling a record, such as a change in the values or number of residence country codes or to add/remove controlling person on a reported slip Targeting a cancelled record is not permitted for amended and cancelled records since they are considered the last record in the chain of changes. ... Do not target a cancelled record when filing amended or cancelled records since they are considered the last record in the chain of changes. ...

Examples Table listing tax year-ends and filing deadlines Tax year-end Filing deadline March 31 September 30 April 30 October 31 June 30 December 31 September 23 March 23 October 2 April 2 When a filing due date falls on a Saturday, Sunday, or public holiday recognized by the CRA, your return is considered on time if the CRA receives it or if it is postmarked on or before the next business day. ... When a due date falls on a Saturday, Sunday, or public holiday recognized by the CRA, for calculating instalment interest and penalty, your payment is considered on time if the CRA receives it on or before the next business day. ... The definition of avoidance transaction is amended so that a transaction is considered an avoidance transaction if it can reasonably be concluded that one of the main purposes of entering into the transaction is to get a tax benefit. ...

Premises, facilities, or installations may be considered to be a place of business whether they are owned or rented, or, in some cases, where they are simply available to the business. ... The following supplies are not eligible for the quick method calculation: supplies on which the customer does not have to pay the tax, such as: zero-rated supplies supplies made outside Canada certain supplies to Indians sales of real property sales of capital assets supplies you made as an agent or auctioneer for which you must account for the tax paid supplies of property or services you made to an employee or shareholder for which you must account for tax on the value of the supplies and that is to be included in the individual’s income as a taxable benefit for income tax purposes supplies of property (other than capital property) or services for which you had to self‑assess tax because you appropriated property or services for the personal benefit of yourself, a shareholder, a beneficiary, a partner, a member of your organization, or related persons supplies of property or services for which you had to self‑assess tax because you received a reimbursement under a warranty for property or services you acquired, and you were entitled to claim an ITC or rebate Claiming input tax credits You can claim any ITCs to which you are entitled for the following only: purchases of real property and improvements to real property purchases of capital assets (other than real property), such as computers and vehicles, and improvements to such property purchases on which the GST/HST became payable before your quick method election took effect, if the time limit to claim the amounts has not expired goods sold by an auctioneer or an agent on your behalf where the auctioneer or agent has to account for the tax goods you are considered to have bought to use only in your commercial activities if both of the following apply: a non‑resident, who is not registered for the GST/HST, transferred them to you, after paying tax on them you provided a commercial service on the goods and then sold them, acting as an agent for the non‑resident and collecting the GST/HST Quick method remittance rates Most businesses use only one remittance rate. ... Due dates When a due date falls on a Saturday, Sunday, or public holiday recognized by the CRA, your payment is considered on time if the CRA receives it on or before the next business day. ...