Posts Tagged compliance refund hold legislation

Compliance refund hold legislation - Restrictions on refunds

Posted in Government and Big Brother • Tags: ,

The following is now available on the CRA Web site:

FACT SHEET:

Starting April 1, 2008, the Canada Revenue Agency (CRA) will apply the compliance refund hold legislation to the following corporate entities that are exempt from paying federal income tax under subsection 149(1) of the Income Tax Act:

* municipalities
* universities
* schools
* hospitals
* non-profit organizations
* federal crown corporations
* Indian band councils

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Posted on April 1, 2008 by HART (1-800-HART) • There are 2 comments!