Frequently Asked Questions

How far back can the CRA audit an individual or business?

If I operate my corporation in multiple provinces, is there a special way my taxable income gets allocated to the provinces?

Is there a quarterly remittance requirement for GST/HST similar to Income Tax?

What are the methods of remitting non-resident withholding tax to the CRA?

What are the consequences of issuing tax slips late?

Can you explain how I can withdraw the over-contributed RRSP amounts from the financial institution?

Can I claim the moving expenses incurred when emigrating from Canada as a deduction on my departure tax return?

I resided in Canada for more than 183 days this year. Will I have to file Canadian tax return as a Canadian resident?

I purchased a corporate bond during the year. The purchase price included accrued interest to the seller of the bond. Is there a way for me to avoid being taxed twice on accrued interest?

I am a sole proprietor and am selling my business. Can I use the lifetime capital gains exemption of $800,000?