Free untitled - Canada

DO NOT USE THIS AREA

WAIVER IN RESPECT OF THE NORMAL REASSESSMENT PERIOD
For use by a taxpayer to waive the normal reassessment period in respect of a taxation year, as defined in subsection 152(3.1), within which the Minister may assess, reassess or make additional assessments under subsection 152(4) of the Income Tax Act. One completed copy of this Waiver is to be filed with the Tax Services Office within: (1) four years, where at the end of the year the taxpayer is a mutual fund trust or a corporation other than a Canadian-controlled private corporation, or (2) three years in any other case, after the earlier of the day of mailing of a notice of an original assessment or of a notification that no tax is payable for a taxation year. In order for a Waiver to be valid, the matter(s) being waived must be specified in the space provided and the Waiver must not specify a time limit in respect of its period of application. A Waiver may be revoked only by filing a Notice of Revocation of Waiver (Form T652), and such revocation is effective on the day that is six months after the date on which the Notice is filed. This Waiver must be signed by the taxpayer or legal representative, or if a corporation, by an authorized officer.

Name of taxpayer (Print) (If there has been a name change or amalgamation, also indicate the previous name in brackets.)

Address

Social Insurance Number or Business Number

Waiver for the Taxation Year Ended

Year

Month

Day

WAIVER The normal reassessment period referred to in subsection 152(4) of the Income Tax Act, within which the Minister may reassess or make additional assessments or assess tax, interest or penalties under the Act is hereby waived for the taxation year indicated above, in respect of:

Signature of taxpayer, legal representative or authorized officer

Date

Position or Office

Form authorized by the Minister of National Revenue T2029 (05) (Français au verso)