Canadian taxpayers are entitled to apply to the Canada Revenue Agency for taxpayer relief of penalties and interest. All that is required is for a taxpayer who has been assessed to complete and submit an RC4288 form “Request for Taxpayer Relief – Cancel or Waive Penalties and Interest”. This form can be used for goods
On November 25, 2015, the Canada Border Services Agency (“CBSA”) issued revised D-Memorandum D-11-6-4 “Relief of Interest and/or Penalties Including Voluntary Disclosure”. This D-Memorandum is important because importers can make mistakes or fail to provide all information. Mistakes are often costly. Normally, the amount of duties & taxes, plus interest plus penalties (including Administrative