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May 9—Businesses unable to timely file or pay taxes because of fires in Alberta can apply to the Canadian Revenue Agency for taxpayer relief, Canadian National Revenue Minister Diane Lebouthillier said May 6.
For those deemed to be affected by the fire, the agency pledged to temporarily cease collections, audit-related activities and administrative correspondence as well as suspend penalties and interest related to the lack of filing or payment.
Under Canadian law, the minister of National Revenue may cancel or waive penalties or interest and accept some late, amended or revoked elections as warranted.
The revenue agency encouraged employers seeking taxpayer relief to submit form RC4288 or call revenue agents at 1-800-959-5525.
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