Landing Page Forums Personal and Business Tax Matters Individual Tax What happens if I can't pay the Canadian income tax that I owe? Reply To: What happens if I can't pay the Canadian income tax that I owe?

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Robert
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If an individual has exhausted all options in paying outstanding taxes and is still unable to pay, the Canada Revenue Agency may be able to assist with a payment arrangement. However, consent from the CRA must be obtained; otherwise, serious penalties will occur up to and including legal action.