Cases
Métaux Kitco Inc. v. ARQ and AG, 2016 QCCS 444
Paquette J found that CRA and ARQ could not use their statutory set-off rights, under CCAA s. 21, ETA s. 318 and LAF s. 31, to set off input tax...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Other Legislation/Constitution - Federal - Companies' Creditors Arrangement Act - Section 21 | CRA precluded from setting off assessed amount for pre-CCAA filing periods against post CCAA ITC claims of taxpayer | 306 |
| Tax Topics - Excise Tax Act - Section 299 - Subsection 299(3) | no presumption of validity in CCAA proceedings | 121 |
| Tax Topics - Income Tax Act - Section 152 - Subsection 152(8) | no presumed validity in CCAA proceedings | 89 |
Administrative Policy
7 April 2022 CBA Roundtable, Q.4
A registered supplier files its outstanding HST returns for the last 8 years, reporting the HST that it failed to charge for those reporting...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Excise Tax Act - Section 225 - Subsection 225(4) - Paragraph 225(4)(c) | CRA will assess long-overdue returns provided there is a net tax or net refund position | 221 |
| Tax Topics - Excise Tax Act - Section 296 - Subsection 296(1) | assessment is made if a net refund or tax amount is owing | 197 |
| Tax Topics - Excise Tax Act - Section 296 - Subsection 296(2) | CRA will grant ITCs beyond the normal period for claiming them only if they are offsettable against tax owing | 201 |
| Tax Topics - Excise Tax Act - Section 281.1 - Subsection 281.1(2) | electronic filing penalties will not apply if paper returns are filed for a voluntary disclosure that is accepted | 131 |
| Tax Topics - Excise Tax Act - Section 296 - Subsection 296(4) - Paragraph 296(4)(a) | ability to carry forward or back 4 years overpayment balances within the statute-barred period for application to reporting periods with unpaid tax | 249 |
TIB B-100 "Standardized Accounting" November 2007
[S]ection 318 of the ETA allows the CRA to set off a GST/HST debt of a person against any amount payable to the person by the Receiver General....
13 May 1997 Interpretation HQR0000255
Generally speaking, section 318 of the ETA is an enforcement provision used by the government to recover delinquent payments of tax and other...
26 April 1994 Interpretation File No.11750-3
Except where a receivership and a bankruptcy coexist, the right of set-off under s. 318 of the ETA allows the Minister to apply any refunds or...