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FEDERAL INCOME TAX - Corporation - Dividend refunds - Deadline for filing

Friday, September 14, 2018 @ 8:40 AM  

Appeal by the taxpayer from the dismissal of its application for judicial review of the Minister’s decision refusing to grant an extension of time to file tax returns for a dividend refund under s. 129(1) of the Income Tax Act. The appellant was a private corporation that earned rental income and as such qualified for a partial refund of tax when its income was distributed to shareholders as a dividend. The appellant, however, failed to file tax returns for many years and missed the deadline for...