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Finance committee  You're correct that the contract has been extended. I believe there are also two six-month extension periods possible with that contract. Following that, there would be a request for proposals. That tobacco excise stamp contract that you referred to will also allow us to produce

May 3rd, 2018Committee meeting

Geoff Trueman

Finance committee  Those funds would be available for the agency to help them process the T4s. In terms of the actual issuance of the original or the amended T4s, that's the responsibility of PSPC rather than ours.

May 3rd, 2018Committee meeting

Geoff Trueman

Finance committee  I'd be happy to take that. We've been working very closely with our partners at PSPC in order to anticipate the release of amended T4s and to be in a position to process those as quickly as we can so that affected public servants have an accurate tax determination at the earlies

May 3rd, 2018Committee meeting

Geoff Trueman

Finance committee  The ability to produce a correct amended T4 will allow the employee to be taxed on the correct amount of income in the correct year. When an amended T4 is issued to reflect what should have been the accurate pay level in the year, that will ensure the taxation takes place on what

March 1st, 2018Committee meeting

Geoff Trueman

Finance committee  What we're trying to do is ensure we have sufficient capacity on the T1 processing side to deal with the amended T4s being issued to employees who find themselves with a Phoenix issue. Where the initial T4 from the employer is wrong and the amended T4 comes in after the fact, we

March 1st, 2018Committee meeting

Geoff Trueman

Finance committee  I'm happy to take that question. The funding request that we've prepared is based on our best estimates for the cannabis market in Canada in terms of the number of producers and the legal production. We're comfortable and confident in the numbers we've prepared. We have signific

March 1st, 2018Committee meeting

Geoff Trueman

Finance committee  The money for the CRA would involve a robust administrative framework for the excise duty, which does include a compliance and oversight function with regard to producers. It's about focusing on legal production and making sure that the product is properly produced, properly stam

March 1st, 2018Committee meeting

Geoff Trueman

Finance committee  Thank you for the question. One of the most important things we can do at the CRA is simplify the forms and the process and the letters that taxpayers receive. The vast majority of taxpayers have a fairly straightforward interaction with the agency. To the extent that we can mak

May 19th, 2016Committee meeting

Geoff Trueman