Canada: TAX UPDATE: CRA Suspends 2023 Tax Returns For Bare Trusts: "Bare Trusts Are Exempt From Trust Reporting Requirements For 2023," Says CRA - Rotfleisch & Samulovitch P.C.

Credit: Mondaq- Published 3 weeks ago
Canadian income-tax law generally ignores a bare trustee, which means that the bare trustee need not report income generated by the trust property.
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› Legal › Canada: TAX UPDATE: CRA Suspends 2023 Tax Returns For Bare Trusts: Bare Trusts Are Exempt From Trust Reporting Requirements For 2023, Says CRA - Rotfleisch & Samulovitch P.C.

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🖥️ Canada: TAX UPDATE: CRA Suspends 2023 Tax Returns For Bare Trusts: Bare Trusts Are Exempt From Trust Reporting Requirements For 2023, Says CRA - Rotfleisch & Samulovitch P.C.