Freedom Story: James’s Cancellation Letter of Requirement to Pay Over 280K to Canadian Revenue Agency
Join me in listening to James share his process and his story using CNs with the Canadian Revenue Agency to receive a cancellation letter of “Requirement to Pay” his 2010 tax liability that totaled over 280 Thousand dollars, Canadian. .
Bea sent this story along about a ruling with the CRA
CRA MUST PLAY BY THE RULES
A recent test case from the Federal Court says the CRA can’t use delayed assessments to discourage the use of tax shelters it doesn’t like.
By Patricia Chisholm / May 27, 2013
The Canada Revenue Agency (CRA) can’t delay an individual’s assessment by using an audit of the tax shelter used by the taxpayer as an excuse for the delay, according to a recent court ruling.
The May decision from the Federal Court of Canada comes as a pointed rebuke to the CRA and seems to suggest that the agency should not be trying to change policy or legal goals, especially related to tax avoidance schemes, which is the job of the courts or the legislature.
In particular, the Federal Court makes it clear that the CRA may not delay an assessment for the purpose of “discouraging” the use of a particular tax shelter. The decision also concludes that specific regions (in this case the CRA’s Winnipeg Tax Centre) cannot pursue a new policy that is purely local and which deviates from an established national policy used by the CRA.”
To view the full article, please refer to the below link:
http://www.investmentexecutive.com/-/cra-must-play-by-the-rules
THE ONE PEOPLE are comin’ on !!
I urge caution. Please also check the Account Balance notification.. this may only be a temporary reprieve and not cancellation of the debt. The CRA is sneaky and does not halt processes easily.
Please, what is the current status of Captain Zeleny ?
We hear about trips to to other countries, and star gazing !
What about those with their neck on the block?
Those who walk the talk, Like Captain Daryl Zeleny !!!!!
I have not been able to find anything reported on Daryl case. I believe Capt.Zeleny is a hero.
Please let us have some DATA on him, if He wants to share his present status.
Thank you.
I feel the same way. I hope he is not in jail or disappeared .
Yes he has disappeared owing me over 190.000 dollars. he sure is not my hero
A CRA “requirement to pay” is sent to, for example, a bank if you owe the CRA money and haven’t worked out a payment arrangement with them. This freezes the money in the account. Once you have a payment arrangement, they will remove the “requirement to pay” and give you access to it again. This letter probably indicates that the guy either paid off the CRA or worked out a payment arrangement with them.
Whoop whoop!! This is fantastic news! Congratulations James!
How do we know its for $280K ???
Listen to the tape the person mention the amount of 280k many times.
Yes Congrats!
My question the same as Brent’s. Also how on earth you you have an income tax bill of 280k? You must earn a phenomenal income to have a yearly tax bill like that. Please show us a document that evidences the figure you claim
I got one of those, after not filing tax return… fines and tax grew stupidly even had them on my doorstep threatening to remove stuff or arrest me. I filed tax return and got a letter like that coz i didnt owe the tax it was their mistake!
obviously a mistake from tax office unless he’s a millionaire 280k tax bill, oppt u r funny grasping at straws lol
Claire, I love how the uneducated use the word OPPT, as if it were a person or an entity.
Hi James,
I would love to talk to you. Like you, I live in BC and have an amount owing for GST for a company that has been closed for almost a year due to the recession. Paying the remaining GST has put my partner and I in a very challenging financial position. Our debt is much smaller than yours, but nonetheless the process should be the same. If it’s possible for you to connect with me, I would very much appreciate it.
My email address is: karen@expandingtimes.com
Thanks in Advance.