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Released: 18 February, 1998
Revenue Canada Extends Measures To Assist Canadians Most Affected By The Ice Storm
Ottawa, February 18,
1998...The Honourable Herb Dhaliwal, Minister of National Revenue and M.P.
(Vancouver South - Burnaby), today reaffirmed his commitment to assisting
Canadians in those areas most affected by the ice storm.
Realizing the extent of the
hardship experienced during this period by some individuals, especially small
businesses, the Minister would like to remind them that the Department will
continue to apply the fairness provisions in the application of penalties and
interest for taxpayers delayed in meeting their tax obligations.
"The severity of the
storm's impact in the most affected areas of Quebec and eastern Ontario is such
that it's going to take longer to get back to business as usual in those
areas," said Mr. Dhaliwal. Therefore, special consideration will be given
to obligations resulting from quarterly and monthly instalments, GST and payroll
remittances, and other delays in meeting tax owing as a result of the ice storm.
It has not been possible for
the Department to stop the calculation of interest for clients in the most
affected areas who are late in meeting their obligations because of the storm.
Those who receive a statement or a notice in the mail that includes an interest
charge should contact their Revenue Canada office, or the Department's toll-free
ice storm information line at 1 800 661 6121. Revenue Canada will review each
request on a case by case basis and make any necessary adjustments.
"Revenue Canada is aware
that a particular burden was placed on taxpayers, as a result of this natural
disaster," Mr. Dhaliwal said. "I am pleased that we are able to offer
these measures to help people, most seriously affected by the ice storm, get
back on their feet."
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05T/98
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