Extended Time Period for Issuing a Reassessment to a Tax Shelter Investor

Normally, we have three years from the later of the following dates to issue a reassessment for the taxpayer's taxation year:

  • the date on which the original notice of assessment or notice that no income tax is payable for the taxation year was sent;
  • the date on which the income tax return is filed for the taxation year.

The prescribed time period for issuing a reassessment or an additional assessment is extended for an individual who invested in a tax shelter while that person was resident in Québec, if the tax shelter promoter:

  • did not file an RL-14 slip or an RL-15 slip, as applicable, for the individual within the prescribed time period; or
  • failed to file an RL-14 slip or an RL-15 slip.

The extended time period ends three years after the date on which the RL-14 slip or RL-15 slip, as applicable, was duly filed.

One mission. Concrete actions.

Read all about how we work to support and inform you. Our vision and values guide us as we carry out our role.

Veuillez patienter