Form GST145 Waiver of the Limitation Period for Assessment - Canada

Form GST145 Waiver of the Limitation Period for Assessment in Canada is used to extend the time period within which the Canada Revenue Agency (CRA) can assess or reassess certain taxes. This form allows taxpayers to give consent to the CRA to reassess their tax liabilities beyond the normal time limit.

The Form GST145 Waiver of the Limitation Period for Assessment in Canada is filed by the taxpayer.

FAQ

Q: What is Form GST145?A: Form GST145 is the Waiver of the Limitation Period for Assessment in Canada.

Q: What is the purpose of Form GST145?A: The purpose of Form GST145 is to request a waiver of the limitation period for assessment.

Q: What is the limitation period for assessment in Canada?A: The limitation period for assessment in Canada is generally four years from the date the return was filed.

Q: Who can request a waiver using Form GST145?A: Any taxpayer who wants to extend the limitation period for assessment can request a waiver using Form GST145.

Q: Is there a fee to submit Form GST145?A: No, there is no fee to submit Form GST145.

Q: What happens after submitting Form GST145?A: After submitting Form GST145, the CRA will review the request and decide whether to grant the waiver or not.

Q: Is there a deadline for submitting Form GST145?A: There is no specific deadline for submitting Form GST145, but it is recommended to submit it as soon as possible.

Q: What should I do if my request for a waiver is denied?A: If your request for a waiver is denied, you can appeal the decision by contacting the CRA and providing additional supporting documentation.