An individual filed her 2022 tax return on April 30, 2023. The CRA responded with a notice of assessment mailed on May 27, 2023. A public company filed its December 31, 2022 corporate tax return by June 30, 2023. The CRA provided a notice of assessment on July 31, 2023. A Canadian-controlled private corporation filed its September 30, 2022 corporate tax return by March 31, 2023. The CRA provided a notice of assessment by May 15, 2023. For each of the above, if the CRA wishes to make an additional assessment of tax for 2022, by what date must it issue a notice of reassessment?

Answer rating: 100% (QA)

For an individual who filed on April 30 2023 the CRA generally has until April 30 2025 to issue a ... View the full answer