Dean Blachford, Tax Litigation Lawyer Karen Cheung, Law Student Canada’s tax laws allow the CRA to hold directors personally liable for their corporation’s source deductions, non-resident withholdings and GST/HST debts. This is known as “directors’ liability”. But directors may be able to shield themselves from this personal liability using the “due diligence defence”. This article […]
OTTAWA, Ontario – August 24, 2018 – Martin Aquilina, who holds a Master’s degree in Private International Law from the University of Groningen, in the Netherlands, has returned from a three-week study session at the prestigious Academy of International Law in The Hague. The Academy was created in 1925 following a bequest from the Carnegie […]
If you have ever hired a lawyer to incorporate your company you have probably been asked the question as to whether you would like your lawyer to keep and maintain your minute-books for you. Typically, this request comes with a price-tag payable every year, and often clients will just agree and pay the annual fee […]
Dean Blachford, Tax Litigation Lawyer Karen Cheung, Law Student According to the law, corporations are distinct “people” and generally the CRA can’t pursue one person for the tax debts of another person. Canada’s tax laws, however, allow the CRA to hold directors personally liable for their corporation’s failure to remit source deductions, non-resident withholdings and […]
Dean Blachford, Tax Litigation Lawyer Karen Cheung, Law Student If you own a restaurant, the CRA has its eyes on you. Auditors frequently investigate restaurants for potential unreported income and HST/GST. Often, the outcome is bad for restaurant owners. According to the results of an access to information request conducted by HazloLaw – Business Lawyers, […]