The personal line of credit and the appellants and soce went on to incline even after its accommodation for the GST expired in 1997 The spot in straits is that did the appellants very carry push done rail line activities in the detail of the corporations dissolution as a corporation or were the Amerey brothers performing in partnership to enlarge the business and only verbalise the business being a corporation when the company was revive and the GST was made payable for the consequence 1996-2001 . If in the period 1996 to 2001 if the business was operating as a partnership under(a) the bod West Sports Cards indeed the GST was to be paid by the corporation and the Amerey brothers as the primary(prenominal) stakeholders of the company would have restrain liability in this upshot . However if the business was really a partnership then the Amerey brothers themselves as partners would be require under the Canadian league Act to take overflowing responsibility of compensable the gainful GST along with any penalties and interest group charges fro their own sources of income and private monetary reserves . They would not roll in the hay limited liabilities in this case In the period of the business activation from 1993-1995 , the actual constitution of the business was that of a partnership but according to the appellants they conducted business as a corporation . The issue in incredulity arose when the corporation was revived by the state itself in 2000 under the Canadian Business Corporation Act The objective of...If you verifying request to get a full essay, order it on our website: Ordercustompaper.com
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