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A Cautionary Tale in Bankruptcy: When HST Came Back to Bite

Posted On: 20th April 2021
When the CRA started actively reversing input tax credits for bankrupt companies, interested parties felt the pinch. John Hendriks and Hylton Levy discuss the domino effect this had on one company's Trustee, creditors and even directors—and how it was resolved.

When the CRA started actively reversing input tax credits for bankrupt companies, interested parties felt the pinch. John Hendriks and Hylton Levy discuss the domino effect this had on one company's Trustee, creditors and even directors—and how it was resolved.

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