When will the transition to the CRA for the single administration of Ontarios corporate tax happen?
A. The CRA has already begun receiving combined federal and provincial instalment payments for the 2009 tax year. On April 3, 2008, all of Ontario’s corporate tax audit, objections, appeals and tax advisory/rulings functions for all pre 2009 taxation years were transferred to the CRA. For taxation years ending on or after January 1, 2009, corporations will begin to file a single harmonized T2 Corporation Income Tax Return with the CRA, and the CRA will become the single point of contact for matters relating to Ontario provincial corporate income tax.
Related Questions
- Which provincial functions will be assumed by the CRA under the single administration of Ontarios corporate tax?
- How will the transition to single administration affect the way I make an Ontario corporate tax disclosure?
- When will the transition to the CRA for the single administration of Ontarios corporate tax happen?
