Filing obligations

If you owe tax under any of these rules, you must file Form RC339, Individual Return for

Certain Taxes for RRSPs or RRIFs, and pay that tax no later than 30 June of the following

year (e.g., 30 June 2015 for the 2014 taxation year).


Possible waiver of tax

The CRA may, at its discretion, waive all or a portion of the penalty taxes if it considers

it just and equitable to do so.

If you believe you may be subject to any of these penalty taxes, speak to your Frontline Accounting Solutions advisor.