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Federal and Quebec Announcements to Delay Tax Filings due to COVID-19

Crowe BGK
3/27/2020
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MEMORANDUM

 

Date: Last updated on March 27, 2020

 

From: Crowe BGK Tax Group


Subject:
Update – The federal and provincial governments announce an additional delay to file certain tax returns and for certain tax payments and tax instalments for taxpayers

 On March 17, 2020, the Minister on Finance of Quebec, Éric Girard, announced an extension to the deadlines for the filing of personal tax returns and most trust returns. It was also announced that the deadline for individuals, corporations and certain trusts with respect to certain tax balances and instalments has been extended.

 

On March 18, 2020, the Prime Minister of Canada, Justin Trudeau, announced various economic measures including the extension of certain tax due dates.

 

Following the announcement of the Federal Government, the Government of Quebec published an update of the measures regarding the tax delays announced on March 17, 2020 in order to harmonize with the federal announcement.

 

Later in March, further announcements were made by the tax authorities on several occasions.

 

A summary of all these announcements can be found below:

 

 

 

FEDERAL

QUEBEC

 

Initial due date

New due date

New due date

Individuals

 

Filing of income tax returns

April 30th, 2020 (note 1)

June 1st, 2020

June 1st, 2020

Payment of the income tax balance for the year 2019 (note 2)

April 30th, 2020

September 1st, 2020

September 1st, 2020

Payment of the next tax instalment for the year 2020

June 15, 2020

September 1st, 2020

September 1st, 2020

Corporations

 

Payment of any federal income tax balance and tax instalments payable between March 18, 2020 and August 31st, 2020

Variable

September 1st, 2020

N/A

Payment of any Quebec income tax balance and tax instalments payable between March 17, 2020 and August 31st, 2020

Variable

N/A

September 1st, 2020

Filing of income tax returns

Variable (between March 18, 2020 and May 31, 2020)

June 1st, 2020

June 1st, 2020

Trusts (other than specified investment flow-through trust)

 

Filing of income tax returns (for trusts having a taxation year ending on Dec. 31, 2019)

March 30th, 2020

May 1st, 2020

May 1st, 2020

Payment of any federal income tax balance payable between March 18, 2020 and August 31st, 2020

Variable

September 1st, 2020

N/A

Payment of any Quebec income tax balance for the year 2019 payable on March 17, 2020 or later

Variable

N/A

September 1st, 2020

Payment of the next tax instalments for the year 2020

June 15, 2020

September 1st, 2020

September 1st, 2020

Charities

Filing of Information Return T3010 (federal) and TP-985.22 (Quebec)

Variable (between March18,2020 and December31,2020)

December 31st, 2020

December 31st, 2020

Partnerships

Filing of certain partnership information returns for their year ending in 2019

March 31st, 2020

May 1st, 2020

May 1st, 2020

Form NR4

Filing of form NR4

March 31st, 2020

May 1st, 2020

N/A

 

Note 1: Individuals benefiting from a deadline for filing their income tax return on June 15, 2020 keep this deadline.

 

Note 2: This includes the payments that an individual must make for their contribution to the QPP, the QPIP, the HSF and the Quebec Public Prescription Drug Insurance Plan for the year 2019.

 

 

The Federal Government specified that the relief granted applies only to tax balances due under Part I of the Income Tax Act.

 

On March 26, 2020, the Canada Revenue Agency (CRA) provided a general administrative relief as it issued the following statement:

 

“In addition to the income tax filing and payment deadline extensions announced as part of the fiscal measures, unless otherwise noted, taxpayers may defer a number of other administrative tax actions required under the Income Tax Act (ITA) that are due after March 18, 2020, until June 1, 2020. These administrative income tax actions include the filing of returns, forms, elections, designations, and responses to information requests. […]”

 

The CRA stated certain exceptions to this general relief, including payroll deductions and all related activities (except to the extent they relate to the reduction of remittances related to the temporary wage subsidy).

 

On March 27, 2020, Revenu Québec announced that it would harmonize with the CRA and that it is postponing the delay related to all administrative fiscal measures (other than the returns that have been postponed to a specific date) that would otherwise have had a deadline between the period of March 17, 2020 to May 31, 2020, to June 1, 2020.

 

Please make sure to consult our separate publication on extensions pertaining to GST, HST, QST and custom duties.

 

The federal and provincial governments still encourage all individuals to file their tax return by April 30th, 2020, and especially those individuals who expect a tax refund. The same applies to taxpayers receiving benefits under the GSTC or the Canada Child Benefit in order to ensure their entitlements for the 2020-21 benefit year are properly determined.