Language selection

Government of Canada / Gouvernement du Canada

Search

Directors' liability .: Rv48-3/89-2R3-2014E-PDF

This circular outlines the consequences that corporate directors may face when the corporation that they are a director of fails to deduct, withhold, remit, or pay certain amounts of money held in trust for the Crown. Under these circumstances, corporate directors may be held personally liable under sections 227.1 of the Income Tax Act (ITA), 323 of the Excise Tax Act (ETA), 81 of the Air Travellers Security Charge Act (ATSCA), 295 of the Excise Act, 2001 (EA2001), 95 of the Softwood Lumber Products Export Charge Act, 2006 (SLPECA) and similar provisions of the Canada Pension Plan and the Employment Insurance Act.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.822092&sl=0

Publication information
Department/Agency
  • Canada Revenue Agency.
TitleDirectors' liability .
Series title
  • Income tax information circular ; IC89-2R3
Publication typeMonograph - View Master Record
Language[English]
Other language editions[French]
FormatDigital text
Electronic document
Note(s)
  • "Date: April 10, 2014."
  • "This version is only available electronically."
  • "This circular cancels and replaces Information Circular IC89-2R2, dated March 24, 2006."
  • Issued also in French under title: Responsabilité des administrateurs.
Publishing information
  • [Ottawa] : Canada Revenue Agency, 2014.
Description6 p.
Catalogue number
  • Rv48-3/89-2R3-2014E-PDF
Subject terms
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.

Page details

Report a problem or mistake on this page
Date modified: