Director Liability

Understanding Trust Amounts and CRA Collections When running a business, understanding your responsibilities around trust amounts and how the Canada Revenue Agency (CRA) handles collections is crucial. Failing to manage these obligations properly can lead to audits, penalties, and aggressive collection action. This article...

A Director is Deemed Resigned upon Corporate Dissolution Director Liability - Joint and Several Liability for a Corporation's Tax Debt Director liability for unremitted employee source deductions, GST/HST, or Retail Sales Tax, is a common legal issue in the practice of Tax Law. These matters are...