120  /

Notes
(1) The penalties indicated in the table apply to the province’s capital tax legislation, which

requires the filing of a separate return. Penalties for personal and corporate income tax 

returns and payments that are the same as those that apply federally are listed below (see 

the table “Selected Federal Penalty and Offence Provisions”):

• Failure and repeated failure to file returns

• Failure to file certain information returns

• Failure to provide information on prescribed forms

• Failure to report income in the year and in any of the three preceding years

• False statements or omissions, and

• Late or deficient instalment payments.

 

  British Columbia also has third-party penalties similar to those that apply federally. 

       For more details, see the table “Capital Tax Rates—Financial Institutions”. 
(2) These penalties apply to Alberta’s corporate tax legislation. Penalties under the province’s

personal income tax legislation are the same as those that apply federally.

(3) These penalties, which apply to both Ontario’s corporate and personal tax legislation, are

the same as those that apply federally. 

(4) These penalties apply to Québec’s personal and corporate tax legislation.
(5) These penalties apply for purposes of Nova Scotia’s financial corporations capital tax. For a

failure to comply with a demand from the Minister, the penalty is a maximum of $200 for 

each day that the failure continues.

(6) These penalties apply to Prince Edward Island’s financial corporations capital tax

legislation.

(7) For taxation years beginning after October 31, 2008, the CRA administers Newfoundland 

and Labrador’s financial institutions capital tax, which is subject to penalties that are similar

to those that apply federally such as failure and repeated failure to file returns, and late or 

deficient instalments (see the table “Selected Federal Penalty and Offence Provisions”).

Selected Provincial Penalty Provisions

Current as of May 3, 2013

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