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<h1>Liquidators Must Notify Commissioner Within 30 Days; Directors Liable for Unpaid Taxes Unless Proven Otherwise</h1> When a company is being liquidated, the appointed liquidator must inform the Commissioner within thirty days. The Commissioner will then determine and notify the liquidator of the amount needed to cover any tax liabilities within three months. If a private company is wound up and tax liabilities cannot be recovered, directors during the tax period are jointly and severally liable unless they can prove the non-recovery was not due to their neglect, misfeasance, or breach of duty.