I've seen many posts where users advise others NOT to file an NR73 unless they are specifically asked to by CRA.
I can't seem to find any posts that explain why this is. So, my question is, what is the reasoning behind this? Could someone explain what the drawbacks are of filing one?
thanks
Why shouldn't people file NR-73?
Moderator: Mark T Serbinski CA CPA
Simply, there is no advantage to doing so, and minor errors omissions mistakes on your part can be held against you.
NR-73 is best used as a guidline.
NR-73 is best used as a guidline.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best