Bifalgorithm post · Un actionnaire vend un immeuble à sa société · CRA expands its FAQ webpage on bare trust reporting

Filing Exemptions

Filing Exemptions (Un actionnaire vend un immeuble à sa société · CRA expands its FAQ webpage on bare trust reporting) — "CRA confirmed that its previous exemp…

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  • CRA's previous exemptions for certain bare trusts no longer apply
  • CRA confirmed this change
  • The exemptions concerned filing requirements
  • The affected trusts were bare trusts
  • The bare trusts were not statutorily exempt from those filing requirements
  • The change applies to taxation years ending on or after December 31
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Filing Exemptions

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Un actionnaire vend un immeuble à sa société

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"CRA confirmed that its previous exemptions from the filing requirements for bare trusts which were not statutorily exempted from those filing requirements no longer apply for taxation years ending on or after December 31,"

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