In early January, I reported that “the Ministry of Government and Consumer Services (the “MGCS”) and the CRA are working to integrate the information return with the new single tax return.” On Monday, the MGCS issued a notice stating that the process is moving forward as follows:
Regulation 182 of the Revised Regulations of Ontario, 1990 under the Corporations Information Act has been amended by adding a section that authorizes the Ministry of Government and Consumer Services to enter into an agreement with the Canada Revenue Agency, the Ontario Minister of Revenue and the Ontario Minister of Finance for the collection of the Corporations Information Act Annual Return on behalf of Ontario.
This regulation change came into force on March 10, 2008.
Further regulations will be developed to provide authority for the Canada Revenue Agency to begin collecting the Corporations Information Act Annual Return for taxation years ending after December 31, 2008 as part of an integrated return, and to allow the Ministry of Revenue to continue to provide this service for filings for taxation years ending on or before December 31, 2008.
