Tax Measures Under Canada’s COVID-19 Economic Response Plan

Measures for partnerships 

  • Partnerships that had to file a form TP-600-V, Partnership Information Return, for 2019 by March 31, 2020, had until May 1, 2020 to file the return if all members of the partnership were individuals.
  • Partnerships in which all members are corporations must file the Information Return within five months of the end of the fiscal year. Where the deadline would otherwise fall between March 16, 2020, and May 1, 2020, the date was postponed to May 1, 2020.
  • In any other situation, the 2019 return must be filed by May 1, 2020, or the last day of the fifth month following the end of the fiscal year, whichever comes first. But if the last day of the fifth month is after March 16, 2020, the deadline for filing was May 1, 2020.
  • The payment of tax instalments and the balance of tax otherwise due by specified investment flow-through partnerships between March 17, 2020, and September 1, 2020, will be postponed to September 1, 2020.

Measures for charities

  • A registered charity whose Information Return for Registered Charities and Other Donees (form TP-985.22) is due between March 17, 2020, and December 30, 2020, may file by December 31, 2020.

Measures for QST registrants, tax on lodging and other measures

On March 27, 2020, the Government of Quebec announced that it would allow registrants to defer until June 30, 2020, the filing of QST returns and corresponding QST payments, where appropriate, for all QST returns that must be filed between March 27, 2020 and June 1, 2020, without interest or penalties. The Government of Quebec confirmed that the deadlines for filing GST/HST and QST returns remain the same going forward. However, taxpayers will not be charged interest or a penalty if they file, by June 30, 2020, all returns that they would normally have been required to file between March 27, 2020, and June 1, 2020. If the taxpayers continue to experience difficulty in filing GST/HST and QST returns after June 30, or difficulty making a GST/HST payment, they can apply in writing to have the penalties cancelled or to put a flexible payment arrangement in place. Cancellations will be granted on a case-by-case basis. More information on the Application for Cancellation of Interest, Penalties or Charges can be found here[169].

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