On 27 July 2020, the Canada Revenue Agency (CRA) announced that payment deadline for the year 2020 of the income tax returns, including installments for legal entities, trust, and individual is to be extended from 1 September 2020 to 30 September 2020. No penalties and interest will be charged if payments are made by 30 September 2020. Note that, CRA is also waiving penalties and interest for goods and services tax, or harmonized sales tax (GST/HST) returns are submitted during the time period 1 April 2020 to 30 June 2020.
Related Posts
Canada introduces priority tax rulings for investments of CAD 1 billion or more
September 15, 2026
Canada’s Finance Minister François-Philippe Champagne announced on 14 September 2026 that the Canada Revenue Agency
Read More
Canada concludes budget 2026 consultations
September 10, 2026
Canada's Department of Finance announced on 9 September 2026 that it has concluded its pre-budget consultation process,
Read More
US implements broad bans on Canadian imports as trade dispute intensifies
September 10, 2026
The US has prohibited imports of Canadian alcoholic beverages, motorcycles, and dairy products, effective 29 September
Read More
Canada enacts retaliatory tariffs on US imports as trade negotiations collapse
September 08, 2026
Canada has enacted retaliatory tariffs today, 8 September 2026, just after midnight, covering nearly USD 28 billion in
Read More
Canada extends fuel tax relief through March 2027
September 03, 2026
Canada’s Department of Finance announced that it has extended its temporary suspension of the federal fuel excise tax
Read More
Canada completes ratification of UK’s CPTPP accession
August 31, 2026
Canada has completed its domestic ratification process in July 2026, clearing the final hurdle for the UK's accession
Read More