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Canada Extends Deadline for Income, Corporate Tax Payments

July 27, 2020, 4:29 PM

The Canada Revenue Agency says it is extending the payment deadline for individual, corporate, and trust income tax returns, including installment payments, to Sept. 30, according to a statement Monday. The previous deadline was Sept. 1.

  • The federal tax agency is also waiving interest on existing tax debts related to individual, corporate, and trust income tax returns from April 1 to Sept 30.
  • It will waive interest on debts related to goods and services tax/harmonized sales tax (GST/HST) returns from April 1 to June 30.
  • “While this measure for existing tax debts does not cancel penalties and interest already assessed ...

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