Regulating Tax Rebate Discounting Businesses

To Whom Does This Apply?

Summary

As part of its responsibility to consumers, the CRA audits discounting records, and administers and enforces the Act to protect the rights and interests of individuals who use discounting services. The Tax Rebate Discounting Regulations govern the preparation of the financial statement of the discounting transaction and the notice of the actual amount of tax refunded to the discounter.

If you require personal assistance, visit the Tax Service Office closest to you (see Related Reading: Business Window - Supplement or CRA's Web site for a list of addresses).

• Business Window - Supplement

• Tax services offices and tax centres - Addresses, hours of service at the counter, fax and telephone numbers

DISCLAIMER
Information contained in this section is of a general nature only and is not intended to constitute advice for any specific fact situation. For particular questions, the users are invited to contact their lawyer. For additional information, see contact(s) listed below.

Ontario Contact(s):
See National Contact.