Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

CRA tax law

can canada revenue agency issued a writ of seizure before all assessments are completed

Posted from: Alberta

One Response to “CRA tax law”

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

Yes, Canada Revenue Agency (CRA) has significant powers and they are able to exercise most of these powers very quickly as long as you have outstanding tax debt, or where they believe you have outstanding tax debt due to failure to file taxes.

The only way to get these powers stayed is by the filing of a bankruptcy or a consumer proposal.