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income taxes and a consumer proposal

Will I lose my income tax returns if I file for consumer proposals?
I had declared bankruptcy and was discharged in 1997

Posted from: Quebec

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One Response to “income taxes and a consumer proposal”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

There are some circumstances that can impact this, depending on whether or not you owe money to CRA from previous, but generally there is no vesting of assets in a consumer proposal like there is with a bankruptcy. As a result your income taxes are yours to keep if you filed a consumer proposal.