Agreement Concerning the Provision of Services by the Canada Revenue Agency (CRA) in Respect of the Administration of the Corporations Tax Act - Introduction
Subsection 98.1 (1) of the Corporations Tax Act (Ontario) empowers the Ontario Minister of Finance and the Ontario Minister of Revenue to enter into an agreement with the Minister of National Revenue for the provision of services by the Canada Revenue Agency (CRA) relating to the administration and enforcement of that Act.
In March 2008, Gordon O'Connor, the Minister of National Revenue, and Monique Smith, Ontario's Minister of Revenue, signed the Agreement Concerning the Provision of Services by the Canada Revenue Agency (CRA) in Respect of the Administration of the Corporations Tax Act (the "Delegation Agreement"). The Delegation Agreement, in conjunction with an Ontario Regulation (PDF, 733 KB) made under the Corporations Tax Act, delegates authority to the CRA for tax periods ending on or before December 31, 2008.
Annexed to this agreement is the Transition Agreement Concerning Transitional Strategies and Undertakings for the Transition to Single Administration of Ontario Corporate Tax, signed by the Ontario and federal Commissioners of Revenue. The Transition Agreement (TA) provides a high-level outline of the CRA's and the Ontario Ministry of Revenue's commitments through the transitional period. The TA also fulfills one of the CRA's obligations in the Memorandum of Understanding, which formed a part of the Memorandum of Agreement Concerning a Single Administration of Ontario Corporate Tax that was signed in October 2006.
The Commissioner of National Revenue signed the Authorization to Exercise Powers or Perform Duties of the Commissioner of National Revenue – Corporations Tax Act, to authorize specified officials of the CRA to exercise powers and perform duties as outlined in the schedules of the instrument.
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