Canadian Tax Law How to File a Notice of Objection
https://taxlawcanada.com/tax-disputes-objections/

Filing a tax return with the Canadian Revenue Agency (CRA) is every citizen's duty and must be done on time and correctly. Each year, we complete our forms and send them in, hoping for a positive outcome. We ask ourselves, what's the worst that can happen? An incorrect tax return can lead to the taxpayer being reassessed by the CRA, which often ends in the taxpayer having to settle all tax owed with interest.

The section below explains when and how to file a Notice of Objection and the possible outcomes.

When Should You File a Notice of Objection?

If you made a mistake on your tax return, there's a chance that you'll be reassessed. When the CRA issues you a tax reassessment, you should immediately file a Notice of Objection and request an internal review of your files by a CRA appeals officer. Taxpayers must file the objection within 90 days from the date of the Notice of Assessment or Reassessment. At this stage, you should seek the advice of an experienced Canadian tax lawyer.

What is the Appeals Process When Filing a Notice of Objection?

The appeals process can have one of three possible outcomes; vacated, varied, or confirmed. If it's been vacated, it means your appeal was successful. In the case of an outcome being varied, a new reassessment will be issued. If it's confirmed, it means that the appeals officer rejected the appeal. Taxpayers can appeal to the CRA if they disagree with the outcome. In most cases, taxpayers will hire a qualified tax lawyer at taxlawcanada.com to represent them.

Your tax lawyer will file your Notice of Objections and assess your case. By compiling all your information and filling in the correct forms, tax lawyers ensure your application is in the correct format and that you have provided accurate information.

What Are the Possible Outcomes When Filing a Notice of Objection?

The best possible result for a dispute with the CRA is for the entire tax amount, plus penalties and interest, to be reversed. The worst possible outcome would be that your appeal gets rejected and is then referred to the Tax Court of Canada, the Federal Court of Appeal, and even the Supreme Court of Canada. So before filing any objections or disputes, get yourself a qualified tax lawyer at taxlawcanada.com.