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If the main shareholder for a Canadian Private Corporation
If the main shareholder for a Canadian Private Corporation dies, is the estate responsible for taxes and/or GST owed by the corporation (corporation was closed year prior to death but returns not file… read more
Debra
Debra
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Well, I have 2.. First one is: Can a lawyer help me with
Well, I have 2.. First one is : Can a lawyer help me with dept reduction with the government due town unfortunate restaurant fire that I was under insured for and left with massive dept ? The second o… read more
Debra
Debra
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I would like to know how would CRA keep a lien on a
i would like to know how long would CRA keep a lien on a corporate car after the corporation is disolved? … read more
Debra
Debra
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My company is a federally chartered company holding a
My company is a federally chartered company holding a Certificate of Incorporation under the Canada Business Corporation act, in Quebec. There is one shareholder (myself) holding 100 shares at a value… read more
Debra
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. This question is related to Canadian tax and bankruptcy
Hi. This question is related to Canadian tax and bankruptcy law. It is a multi part question. First a little history. I am the sole director of a corporation. Because of some bad business decision I h… read more
Debra
Debra
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my company performed work for a big corporation about 6 years
my company performed work for a big corporation about 6 years ago and we are still trying to collect. My accountant has wrote it off in the books and now revenue Canada want gst as not enough data was… read more
Debra
Debra
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Hello..we had a small business in central alberta...we lost
Hello..we had a small business in central alberta...we lost 85-90percent of our work over night...long story short we ended up giving the company back to the bank....we then in turn had to claim perso… read more
Tom B.
Tom B.
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Hi there, I just went through an audit for the 07 08 tax years
Hi there, I just went through an audit for the 07 08 tax years and cra came up with a balance owing of 9263.00. This amount was for un-submitted gst for a business that i was running at that time. the… read more
Debra
Debra
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Ive talked to a tax rep regarding Revenue Canada G.S.T & income
I've talked to a tax rep regarding Revenue Canada G.S.T & income tax for a previously owned business and they suggested I contact a trustee. I gave up my small business in 2009 because I could no long… read more
Debra
Debra
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Doctoral Degree
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Hello, I loaned a gold company in Colorado $40,000.00 dollars
Hello, I loaned a gold company in Colorado $40,000.00 dollars in 2006 with funds earned through my professional buisness income. The provided me with a prommisory note indicating that they woulld pay … read more
Debra
Debra
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Doctoral Degree
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Is it Mandatory in Canada to pay your income tax Income tax
Is it Mandatory in Canada to pay your income tax? Income tax has been around since the war, but as a motive to pay off it's debt. Since then, we still pay it, but because we work, how is that a debt f… read more
D.A.M.
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Unknown to my wife and I , we were appointed as co-executors
Unknown to my wife and I , we were appointed as co-executors of my brother's Ontario WILL ( 1975 ). The estate is insolvent and in our capacity as executors, all unsecured creditors have written off t… read more
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What are 163(2) gross negligence penalties calculated based
What are 163(2) gross negligence penalties calculated based on? During our recent audit, $52,395 in unreported sales were discovered, as were over $30,000 in expenses that our accountants also did not… read more
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My company which was a ontario corporation went bankrupt in
My company which was a ontario corporation went bankrupt in 2001, I was a director and my husband. At the time of bankrupcy the company owed , gst and unpaid deductions. They have sent me a statement … read more
Tom B.
Tom B.
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a friend of mine owes gst from about fifteen years ago he has
a friend of mine owes gst from about fifteen years ago he has been garnisheed now for about ten years in the last six months or so his garnishment went up to eighty percent he originally owed $15000.0… read more
Debra
Debra
Lawyer
Doctoral Degree
88,964 satisfied customers
We sold our company in June 2005. All assets were transferred.
We sold our company in June 2005. All assets were transferred. All governement fees etc paid. The contract stated that we are liable for any charges owed before June 1, 2005. In other words, the buyer… read more
Debra
Debra
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Doctoral Degree
88,964 satisfied customers
My husband went bankrupt in March 2006 at that time the trustee
My husband went bankrupt in March 2006 at that time the trustee had him sign a authorization and direction letter giving them permission to file the post bankrupcy return \. in February 2009 he applie… read more
Expert
Expert
i been late to pay my income tax in canada for year 2006 the
i been late to pay my income tax in canada for year 2006 the due amount was 1335 CAD due date is 17-july-2007 i didnt pay till now also i didnt make my income tax for year 2007 till now i want to know… read more
Debra
Debra
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