CRA Tax Objection and how to file it

When you are reassessed by the CRA and you do not agree with that reassessment after a tax audit, you can file a notice of CRA tax objection as per Section 165 of the Income Tax Act. The first step in such cases is to avail of the services of professional tax consultants. When you dispute with the Notice of Re-Assessment, it is better to get your professional tax representatives to get the situation discussed with the CRA and try and resolve it as easily as possible. If this fails to work, then you can file a Notice of Objection. It is done through a letter to the Chief of Appeals at the nearest tax services office or by filing the Form T400A.

When there is a situation where you have to respond to a reassessment by the CRA, you may have to take prompt steps and persuasive actions through your tax representatives. These professional tax consultants will be able to draft the necessary and comprehensive CRA tax objection notices to dispute the reassessments so that you can expect suitable decision from the Appeals Division of the CRA. You will stand a good chance to resolve the tax dispute in the best possible way when you have a Notice of Objection prepared professionally. This notice should include all facts and details, offering an analysis of the tax issues that are in dispute. Your tax consultant will have to support your current position with up to date and totally relevant interpretation of the tax laws pertaining to your case.

You will need to understand the reasons behind your reassessment. It occurs when the CRA is not in agreement with the returns filed by the taxpayers. CRA gets three years in normal cases to get the tax returns reviewed and it can take a decision to challenge the taxpayers within that time period. The taxpayers have all the rights to disagree with the reassessment and they can initiate a CRA tax objection. They have ninety days from the date of the Notice of Reassessment to file this particular Notice of Objection with the CRA Chief of Appeals.

When you hire reliable professional help, your tax consultants will be able to argue on your behalf and in your favor to protect your financial interests. They have the flair for presenting the information that is necessary in a manner which is persuasive to support their arguments with relevant backing of appropriate tax laws, making your CRA tax objection worth your while.

The tax consultant will be in a position to discuss your CRA tax objection case by reviewing the merits of your current position. They will begin by reviewing the documentation which you provide to them. They will even request the CRA for all relevant documentation which may include the internal correspondence within the CRA and the memos. Before you proceed with your CRA tax objection through filing of your notice, your tax consultant will conduct a reasonable grounds analysis to see if it is beneficial for you to go through the process.