Canada Revenue Agency (CRA) has the right to reassess a tax return... Multiple Choice O In...
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Canada Revenue Agency (CRA) has the right to reassess a tax return... Multiple Choice O In the case of corporations, within four years from the date of the original notice of assessment In the case of individuals and Canadian-controlled private corporations (CCPCS), within three years from the date of the onginal notice of assessment At any time and in all circumstances for all taxpayers. Never, if CRA originally agrees no taxes were payable due to an overall loss being reported in the tax return Canada Revenue Agency (CRA) has the right to reassess a tax return... Multiple Choice O In the case of corporations, within four years from the date of the original notice of assessment In the case of individuals and Canadian-controlled private corporations (CCPCS), within three years from the date of the onginal notice of assessment At any time and in all circumstances for all taxpayers. Never, if CRA originally agrees no taxes were payable due to an overall loss being reported in the tax return
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2nd Option In the case of individuals and Canadiancontrolled private corporations and CPCCs within three years from the date of the original notice of ... View the full answer
Related Book For
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
Posted Date:
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