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CRA Seizures

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CRA Seizures

CRA Seizures


Unlike the levy which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the CRA over a long period of time to pay their outstanding taxes.

A Seizure should not be taken lightly. The CRA will ultimately pursue seizure of your physical assets. Don't think they won't. Many a newspaper or television show has reported citizens being forced out of their homes after it was sold at an CRA auction, often for as little as half its value.

When the CRA seizes your assets they want to quickly sell them at auction. They often get less than half your assets value, so they often seize everything you own including your home, cars, boats, jewelry, motorcycles, insurance polices, and even your retirement funds.

If you've received an CRA seizure notice, it's time to act now! Please complete the form below to get a Free Consultation with our tax specialist.

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John Gillani, CPA, CMA
Unit 505, 4656 Westwinds Drive NE
Calgary, AB, T3J 3Z5
Phone: (403) 473-0807 / (403) 460-7002

info@Johngillani.com

Copyright 2020 John Gillani,CPA,CMA  All rights reserved.

John Gillani, Chartered Professional Accountant & Tax Consultant
Unit 505, 4656 Westwinds Drive NE Calgary, AB  T3J 3Z5
Phone: (403) 473-0807 | Fax: (403) 460 7002
jg@johngillani.com
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