Electronic Tax Filing in CanadaThe Internet has not only changed the way of doing the business, but it has also modified the process of filing tax returns. E-filing or Electronic tax filing is the fastest and most convenient way of submitting forms over the Internet. The Canada Revenue Agency (CRA) is responsible for the collection of taxes and for the administration of tax laws at the federal, provincial and territorial levels. The CRA has introduced three types of e-filing for individuals in Canada. These systems are popularly known EFILE, TELEFILE, and NETFILE.
The following questions have been addressed in this article:Which Electronic Tax Filing Options Are Available In Canada?
How Does The EFILE System Work?
How Do Individuals File Tax Returns Over The Internet Under The NETFILE System?
What Type Of Tax Returns Cannot Be Filed Under The NETFILE System?