Did you know if you forgot to claim any TAX deductions or other taxable benefit, you can go back 10 years and claim it! Amazing. Lowering your income for a larger tax year return.
- Definitions
Testamentary trust, trust, settler, trustee, and beneficiary. - Circumstances that may warrant acceptance of your request
Missed tax deductions or credits, salary tax deduction overpayments, no affect to the tax return of another individual. - Instances when your request will or may be denied
Provincial benefit or credit time limitations, permissive deductions, and more… - Limitation period on exercising discretion and the deadline for requesting relief
Limitation period, the 10-year deadline.
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