Is a corporation or business required to file information returns electronically also required to declare that the information provided is accurate and complete? After summarizing ss. 162(7), 162(7.01), 162(7.02), and 162(5), the Directorate stated:
[T]the CRA website informs the filers that before filing online, they must agree to certain terms and conditions. One of these terms and conditions requires the filer to certify that the electronic return submitted is accurate and complete. No electronic transmission of any return can be made without this formal acknowledgement by the filer. Our system is designed so that the declarant cannot override this commitment.