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Corporate directors are not personally liable for the corporation's income tax, but they may be personally liable for the corporation’s failure to remit to the CRA payroll withholdings and GST/HST.
The tax rules that impose personal liability on directors are harsh, but a number of defences are available. At Advotax Law, we help corporate directors dispute their assessments.
READ MORE on directors’ liability warning signs every corporate director and their advisors should recognize in order to protect themselves.
If you are a director who was personally assessed for tax debts of your corporation, CONTACT US to discuss defences available to you and how Advotax Law can help.
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