2007-03-02 17:27:06 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Canada
The tax liability rests with your partner. CRA cannot go after you personally for it. What they can do, if it gets to that point, is go after your partners assets, including any assets which you hold in joint. That would include joint bank accounts, investment accounts and putting a lein against a home owned in joint.
2007-03-03 00:53:17 · answer #1 · answered by Anonymous · 1⤊ 0⤋
If your common law partner owes arrears to Revenue Canada you are better off filing separate returns. Because if you file together Renenue Canada is going to pounce on everything your partner owes first before you get a refund. You including him on your takes is not the way to cloud the issue because they'll ding him or both of you.
2007-03-02 17:49:37 · answer #2 · answered by idak13 4 · 0⤊ 2⤋
LOL ! because the founders had an theory about what taxes were for. contained in the structure artwork. I, Sec. 8, they spelled out the point behind taxes: The Congress shall have skill to position and carry mutually Taxes, responsibilities, Imposts and Excises, to pay the debts and provide for the hardship-loose Defence and generic Welfare of united statesa.. I easily do not have any clue about England although !
2016-11-27 01:28:58 · answer #3 · answered by ebonie 4 · 0⤊ 0⤋
Tax arrears can only collected from the individual owing it , unless you own joint property and assets. Divide them immediately to protect yourself if this is the case.
2007-03-03 02:38:42 · answer #4 · answered by Anonymous · 0⤊ 0⤋