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Corporate income tax special notice Vol. 5 No. 56 : Deferral of corporate income tax payments

Description

The Government of Alberta announced new business tax relief measures on March 18, 2020 in response to the current oil price shock and the economic impacts of the COVID-19 pandemic. Alberta businesses with corporate income tax balances that become owing on or after March 18, 2020, or installment payments coming due between March 18, 2020 and August 31, 2020, can defer making these payments until August 31, 2020. Alberta will waive penalties and interest that would otherwise be payable in respect of these payments.

(See related tab for an additional measure announced April 2, 2020: special notice Vol. 5 No. 57 : Extension to Alberta corporate income tax return (AT1) filing deadline.)

Updated

April 3, 2020

Tags
COVID-19 coronavirus corporate income tax corporate income tax deferral

Publisher / Creator Information

Publisher

Treasury Board and Finance

Place of Publication

Edmonton

Subject Information

Topic
Government
Spatial Coverage

Alberta

Resource Dates

Date Created

2020-03-18

Date Added

2020-03-18T23:57:25.235716

Date Modified

2020-04-03

Date Issued

2020-03-18

Audience information

Identifiers

Usage / Licence

Contact

Contact Name

Treasury Board and Finance. Tax and Revenue Administration.

Contact Email

tra.revenue@gov.ab.ca