Author Description

Recently there have been significant changes in the areas of tax and insolvency. The Government's Tax Reform and New Business Tax System amendments have brought about changes that effect corporate equity and debt, and access to tax losses and many other corporate tax areas. In additon, recent amendments implementing the Criminal Code have changed the liability of company officers when a company becomes insolvent or is under administration. "Tax & Insolvency" is a concise guide to the tax issues that arise and should be considered when a company becomes insolvent or is under administration.