Tax recovery: failure to pay under an assessment order triggers recovery proceedings and officers may shorten the payment deadline. A taxable person must pay amounts due under an order within the statutory period; failure to do so permits initiation of recovery proceedings. The proper ... Summary
Tax recovery: failure to pay under an assessment order triggers recovery proceedings and officers may shorten the payment deadline.
A taxable person must pay amounts due under an order within the statutory period; failure to do so permits initiation of recovery proceedings. The proper officer may, for reasons recorded in writing and in the interest of revenue, require payment within a shorter period, which then governs the timeline for recovery if not complied with.
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