Businesses in parts of Canada including Alberta have recently been affected by extreme weather conditions. This has caused damage to premises and delays in completing administrative tasks. In response to this problem the Canada Revenue Agency (CRA) has taken steps to extend the deadline for submission of the corporate tax return. The CRA has declared that business taxpayers affected by flooding in Alberta will have until August 2, 2013 to file Form T2, Corporation Income Tax Return. The CRA will adjust the due date for all federal business and other returns filed in Alberta that was due during the flooding. As a result, all federal business returns filed by August 2, 2013 will be treated as filed on time.
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