Taxes

Ontario corporate tax returns delayed

We incorporated in 2004, but in May 2006 we reverted back to a non-incorporated partnership. With the final Incorporated tax return we’re dissolving the corporation.

Our corporate tax return was delivered exactly 3 months ago and they’re still working on it. Apparently there’s a huge backlog of returns and they’re processing them very slowly. I was advised to call back in 2 weeks and if I don’t get a Notice of Assessment by then, they’ll put in a search request.

They said the dissolution is NOT the cause of the delay, just a very large volume of work.