To help customers manage the impact of COVID-19, we have discretion to vary some timeframes or procedural requirements.
Our decision to extend the time to file 2021 tax returns till May 31 2022 has had an impact on some disclosures. We have made changes to the timing of the following disclosures:
- filing controlled foreign companies (CFC) and foreign investment fund (FIF) disclosure forms
- subvention payments for the 2021 tax year
- look-through company (LTC) elections for new companies or companies that were previously non-active.
Full details of all the variations are available on our Tax Technical website.
Further variations are expected, so keep checking the above page on our Tax Technical website for details.