Hyperlawhypertext legal database Excise Tax Act

← Historical versions

Versions of s. 323(1)

E-15 — Excise Tax Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2005-06-29 to present available View Source
    WhereIf a corporation fails to remit an amount of net tax as required under subsection 228(2) or (2.3),(2.3) or to pay an amount as required under section 230.1 that was paid to, or was applied to the liability of, the corporation as a net tax refund, the directors of the corporation at the time the corporation was required to remit or pay, as the case may be, the amount are jointly and severallyseverally, or solidarily, liable, together with the corporation, to pay thatthe amount and any interest thereonon, or penalties relating thereto.to, the amount.
    Full text

    If a corporation fails to remit an amount of net tax as required under subsection 228(2) or (2.3) or to pay an amount as required under section 230.1 that was paid to, or was applied to the liability of, the corporation as a net tax refund, the directors of the corporation at the time the corporation was required to remit or pay, as the case may be, the amount are jointly and severally, or solidarily, liable, together with the corporation, to pay the amount and any interest on, or penalties relating to, the amount.

  2. 2003-01-01 to 2005-06-29 View Source

    Where a corporation fails to remit an amount of net tax as required under subsection 228(2) or (2.3), the directors of the corporation at the time the corporation was required to remit the amount are jointly and severally liable, together with the corporation, to pay that amount and any interest thereon or penalties relating thereto.