May 29th, 2011 by Questions
will a consumer proposal work with monies owed to our friends at Revenue Canada or CRA
Posted from: Nova Scotia
May 29, 2011 at 7:39 am, A licensed trustee said:
Yes it may – you should speak to a trustee in your area to find out what specific terms CRA is likely to require. For instance, in Ontario where we practice, CRA generally will not accept a proposal if you have not filed all of your tax returns as required each year. They understand that there are reasons you may not be abvle to pay your taxes, but they do not undersatnd why your taxes haven’t been filed.
So find a trustee in NS and ask them what terms CRA requires in your region.
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