Trusts & Tax Reporting moving forward

[Timothy Ross]

https://www.advotaxlaw.ca/post/a-basic-guide-on-bare-trusts-for-canadian-taxpayers

 

there is new  trust rules that are now law

lots of requirements and it may affect many people unawares 

this article is a good starter to help determine responsibility for reporting

 

we do trust returns , CRA has geared up the online reporting options 

 

Lots to think about 

As always please review comments below for more info gleaned for this topic

[Timothy Ross]

https://www.advotaxlaw.ca/post/a-basic-guide-on-bare-trusts-for-can...