How long is CRA wait time?
COVID-19: Expect the normal timeframe to be extended to 10 to 12 weeks in most cases for processing paper T1 returns. For faster service, you can submit or re-submit your return electronically using NETFILE certified tax software.
What is CRA account?
The Canada Revenue Agency (CRA)’s My Account is a secure portal that lets you view and manage your tax-related and benefits information online. With the My Account, you’ll have access to the following services: View a detailed status of your tax return.
What are CRA views?
These secondary source documents, know as the CRA Views, provide the agency’s interpretation of the law and are helpful explanations of provisions of the Income Tax Act. This value‐added feature has been designed to provide the most comprehensive coverage of recent developments in Canadian Tax.
How long does CRA have to respond to a notice of objection?
90 days
You can make a formal objection if you disagree with the amount of tax, interest, or penalties we have assessed or reassessed. You have 90 days from the date of the notice of assessment, or reassessment, to file the objection.
Where is the CRA located?
Ottawa
The CRA’s headquarters are located in Ottawa, and is responsible for several Agency-wide functions, including ministerial reporting, corporate planning, human resources, information technology, communications, and interpreting tax legislation.
Is CRA open on Saturday?
Monday to Friday from 8 am to 8 pm and Saturday from 9 am to 5 pm (local time).
How do I find my CRA account?
To access your account, return to the MyBenefits CRA mobile app, select “CRA sign in”, and enter your CRA user ID and password. When prompted, enter your CRA security code.
What is capital gain CRA?
Capital gain – you have a capital gain when you sell, or are considered to have sold, a capital property for more than the total of its adjusted cost base and the outlays and expenses incurred to sell the property.
What are CRA publications?
Income tax folios (Folios) A folio gives the CRA’s technical interpretation and position on certain provisions contained in the Income Tax Act. Income tax folios will replace related income tax interpretation bulletins. Income tax information circulars (ICs)
Can you take CRA to court?
Taxpayers who have been treated badly by the Canada Revenue Agency often wonder whether they can sue the Agency. The answer is yes. A lawsuit against the CRA for negligent or malicious acts can be brought in either Federal Court or the province’s superior court.
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