David Scrimshaw's personal annotations on this page
Dscrimshaw bookmarked
on 2009-10-30
When a supplier goes bankrupt, the tax authorities do not own GST and QST amounts that have been collected but not remitted or are collectible at the time of the bankruptcy. Instead, they have an unsecured claim against the supplier.
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deemed trusts intended to secure GST claims are ineffective in bankruptcy
situations
This link has been bookmarked by 1 people . It was first bookmarked on 30 Oct 2009, by David Scrimshaw.
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David Scrimshaw
When a supplier goes bankrupt, the tax authorities do not own GST and QST amounts that have been collected but not remitted or are collectible at the time of the bankruptcy. Instead, they have an unsecured claim against the supplier.
-
deemed trusts intended to secure GST claims are ineffective in bankruptcy
situations
-
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