Deemed Taxes QRLSP Info (Qualifying Retroactive Lump-Sum Payments)

We know , Rex , from your postings you are the biggest leech on here, I have never heard someone beg and have such a gimme gimme attitude. You make all veterans look bad taking from the true ones who need it. Haha sad, really

Everyone on here shoud have a piece of humble pie and start thanking the law firm and Dennis , his family, for the bullshit that they endured and still endure from the no name leeches of CSAT who have nothing better than to hammer down anyone who disagrees with their assessment of the situation.

Are you serious? COD has earned a lot more respect from the membership on here than yourself. If you are so well educated, your postings certainly haven't proven that statement, since so far they have all been pure conjecture (that means guessing) on your part. CoD has provided statements, from his past dealings with retroactive payments and the effects deemed taxes have had on him, as well as linked the statement from the CRA employee on the subject. Those 2 things alone are 100% more than you have contributed thus far.

We do have one thing in common though. I too am having a hard time believing I'm talking to a Veteran.

I remember my Mom telling me how she saw on TV (CBC) that Canadians were on the hook for almost a billion dollars because of Veterans and not to expect much aid in other areas from the Feds till they can pay off the debt. She evened phoned me appalled that Vets were putting back Canada till I explained her the truth. And that Canada was more than payed since 1976.

I kind of find it hard that CBC will spin things in favour of the PC government now, if they pay additional monies for our lawyer fees. But hey, I'm all for it.

Roger If you read the post from top to bottom you will see who I am, I am a Vet, that already received retro payments from 2002 back to 1990 and have been through this same scenario before. Just do me the favor of reading this complete post to get an idea of what the Long retros are facing.

there are letters from CRA there are my tax returns for 2002-1990 there are Human rights tribunal documents on this thread roger, just a bit of reading and decide.

I am very educated and your gang of goons won't scare me off. Who is COD just a made up name like the rest of us, where's the paperwork, supporting documentation , nothing. Just because its posted gives it no authentication , alot of its garbage. Why would our legal team misrepresent themselves to us regarding this taxation issue, not a chance. I can understand the frustration Dennis went thru trying to explain to you all. I can't believe I am talking o veterans , really

I think you assuming too much there Ramjet. CoD presented a case where the deemed taxes were around 150% the amount owed in taxes, IIRC, for a single year because deemed taxes are compounded. So if that Vet released 15 years ago owes an extra $5000 in taxes because he is getting an additional $20000 in income for that year. The deemed taxes will equal $15000. There goes his entire years earnings. The same will go if the retro is only a few thousand per year

Taxes are not a CRA Issue in this case , Its part and parcel of the Tax Neutrality Issue RogerRamjet, try to follow the case and educate yourself better, before putting crap out there. I put a thread on here about this issue , check it out.
go to page 25 on this thread check out my post read it if you still dissagree then fine.

Low income and DTC will cover the majority

Deemed taxes are make believe? who told you that, the friendly giant? There was a quote from a manager at CRA about deemed taxes that stated that anyone getting retro active payments beyond 5 years will pay more in deemed taxes, than if they were to claim it in a single year. This doesn't matter what the amount is because it is based on percentages.

You can call me whatever you choose to! The GOC will cover the legal fees , just wait and see. Look , hard, the GOC releases a news brief saying they are upset that veterans have to pay such high legal fees, this is all PR , then judge lowers it to 6 to 8 percent and the GOC comes to the rescue and pays. It's so very easy to see. Always look for a pattern and read bêtween the lines

I got confirmation from MC that they got my letter to Judge barnes , and that it will go to the court. Is there a way I can check that it is in the courts hands?

can i call you rammie.... what will the amendment be?

Best interest of the class, if the majority of the class agrees, is that not in the best interest of the class. If anyone presented CSAT forum to the judge he would rule even quicker since the majority of legal experts on here obtained their law degrees watching People's Court. Just accept that after tomorrow this deal will be approved. Taxes are a CRA issue, like teen quoted, tax penalties are make believe considering most of the class has low taxable income. Legal fees are being addressed and will be amended

Either the interest top up needs to go up or the lawyers fees need to go down so Zero Sums won't have to pay out of pocket for legal fees.