Implementing an overall US strategy to bolster liberal democracy and rebuild multilateralism will inevitably involve many shades of gray. But the Biden administration’s early actions and the sincerity of its declarations suggest that it could become the most internationally transformative US administration in decades.
Excise Tax Act (ETA) by virtue
of new powers granted to the Minister under the
Time
Limits and Other Periods Act (COVID-19) (Time Limits
Act), which received royal assent on July 27, 2020.
Statute-Barring Periods
Under the ministerial orders, the period within which the CRA
can issue reassessments was extended by six months or until
December 31, 2020, whichever is earlier, in respect of years or
periods that would otherwise have become statute-barred under the
ITA or ETA on or after May 20, 2020. These ministerial orders are
no longer in force and no further extensions have been
announced.
Relief for Late-Filed Notices of Objection
The one-year time limit for making late-filed objection requests