The CRA (Canada Revenue Agency) Tax Objection

The Canada Revenue Agency does not automatically treat you fairly. There are times when you cannot help but file a CRA (Canada Revenue Agency) tax objection. It is your right to speak up when there is an obvious injustice. If you keep quiet the CRA will demand so much money from you. And it will not be doing so in its own authority but under the power it gets from the Income Tax Act. The role of the Canada Revenue Agency is to administer and enforce a system of tax laws made by the parliament. But when the interpretation of the law by CRA is impractical according to the taxpayer they can file a CRA (Canada Revenue Agency) tax objection.

This is the only way to challenge the decision of the tax collector. Your CRA (Canada Revenue Agency) tax objection may have a chance to work in your favor if the agency auditor misinterpreted some laws. On the other hand you might just be forced to pay the extra income tax that you dislike. This is particularly if the Income Tax Act law, as it applies to your CRA (Canada Revenue Agency) tax objection, was exercised correctly.

This may not leave you a better choice than to pay the extra amount of tax. This will definitely be a puzzle you can’t solve alone. A person like a tax consultant can be extremely helpful in your case. They can understand the interpretation that was applied when determining the amounts you owe the taxman. Should there be grounds for sending your CRA (Canada Revenue Agency) tax objection the tax consultant will tell you.

The tax consultant can figure out the discrepancies in your tax returns. For this reason you might want to use a reputable tax firm. By so doing you will be able to save money and get your matter solved.  A CRA (Canada Revenue Agency) tax objection notice should be done in writing in order to have some tangible records.

Since most of the tax appeal matter is complicated we would recommend letting a tax consultant handle it. The notice of objection filings should be done via Form T400A.  A CRA (Canada Revenue Agency) tax objection form T400A should be submitted within ninety days since you received the notice of assessment or reassessment.  This is outlined in the Income Tax Act, subsection 244(14).

There are times when the CRA agents will accept your grievances in writing or orally. However you must not assume things are back to normal. Filing the Notice of Objection form prior to the deadline is still very important or else you will lose your right to appeal via the CRA (Canada Revenue Agency) tax objection.  Six to twelve months waiting period should be expected after your notice is received.

Experienced tax consultant will get the best outcome for your tax objection. The Appeal Officer who reviews your CRA (Canada Revenue Agency) tax objection form is not involved in the Auditing process that leads to the issuance of the notice of assessment or re-assessment. It is therefore important to present your objection in logical manner to increase the probability that the tax object result is in your favour.