Excise Tax Act — E-15 298
Period for assessment 298 (1) Subject to subsections (3) to (6.1), an assessment of a person shall not be made under section 296 (a) in the case of (i) an assessment of net tax of the person for a reporting period of the person, (ii) an amount payable under section 230.1 in respect of an amount paid to, or applied to a liability of, the person as a refund under Division V in respect of a reporting period of the person, or (iii) an amount payable under section 230.1 in respect of an amount paid to, or applied to a liability of, the person as interest under Division V in respect of an amount paid or applied as a refund in respect of a reporting period of the person, more than four years after the later of the day on or before which the person was required under section 238 to file a return for the period and the day the return was filed; (a.01) despite paragraph (a), in the case of an assessment of the net tax of the person for a reporting period of the person that is made solely to take into account an amount of tax payable under section 218.01, more than seven years after the later of the day on or before which the person was required under section 238 to file a return for the period and the day the return was filed; (a.1) in the case of an assessment of an amount payable under paragraph 228(2.1)(b) or (2.3)(d), 232.01(5)(c) or 232.02(4)(c) that a person is required to pay on or before a day, more than four years after that day; (b) in the case of an assessment of tax payable by the person under Division II in respect of a supply to which subsection 221(2) or (2.1) applies, more than four years after the later of the day on or before which the person was required to file the return in which that tax was required to be reported and the day the return was filed; (c) in the case of an assessment of tax payable by the person under Division II, other than tax referred to in paragraph (b), more than four years after the tax became payable; (d) in the case of an assessment of tax payable by the person under Division IV, (i) if the tax is payable under section 218.01 or subsection 218.1(1.2), more than seven years after the later of the day on or before which the person was required to file the return in which that tax was required to be reported and the day the return was filed, and (ii) in any other case, more than four years after the later of the day on or before which the person was required to file the return in which that tax was required to be reported and the day the return was filed; (d.1) in the case of an assessment of tax payable by the person under Division IV.1, more than four years after (i) where the person is required to report the tax in a return, the later of the day on or before which the person was required to file the return with the Minister and the day the return was filed, and (ii) in any other case, the day the person is required to pay the tax to the Receiver General; (e) in the case of any penalty payable by the person, other than a penalty under section 280.1, 285, 285.01, 285.02, 285.03 or 285.1, more than four years after the person became liable to pay the penalty; (f) in the case of an assessment of an amount for which a person became liable under subsection 177(1.1), section 266 or 267.1, subsection 270(4) or Subdivision B.1 of Division VII, more than four years after the person became liable; and (g) in the case of an assessment for an amount for which a trustee in bankruptcy became liable under Subdivision A of Division VII, after the earlier of (i) the day that is ninety days after the return under this Part on which the assessment is based is filed with, or other evidence of the facts on which the assessment is based comes to the attention of, the Minister, and (ii) the expiration of the period determined under whichever of paragraphs (a) to (e) applies in the circumstances. Period for assessment of rebate (2) Subject to subsections (3) to (6.1), an assessment under subsection 297(1) of the amoun