A Canadian Tax Lawyer’s Guide to Changes in Tax Obligations for Trust Executors and Trustees that will Simplify Estate Administration
Proposed amendments to the Income Tax Act (ITA)will ease the…
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TAX UPDATE: CRA Suspends 2023 Tax Returns for Bare Trusts: “Bare Trusts are Exempt from Trust Reporting Requirements for 2023,” says CRA
Introduction: Bare Trusts & T3 Trust Reporting Canadian income-tax law…
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A Canadian Tax Lawyer’s Guide to the In-Trust-For (ITF) Account
Introduction: In-Trust-For (ITF) Account An In-Trust-For (ITF) account, also commonly…
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Federal government introduces new trust reporting rules to take effect in 2023 taxation year – Trustees need to be prepared.
Taxpayers should consider the practical implications of the new trust…
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Ways to Deal with a Cryptocurrency Tax Audit
The increasing scrutiny of cryptocurrency tax returns by the Canada…
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Quebec’s Form TP-1097.PV and the Canada Revenue Agency’s Disclosure Policy Concerning Counter Letters: A Canadian Tax Lawyer’s Summary
Introduction: New Provincial Disclosure Obligations in Quebec for Nominee Agreements…
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Using Promissory Notes to Distribute Trust Income to Beneficiaries: A Canadian Tax Lawyer’s Analysis
Introduction – Taxation of Trusts and Trust Distributions in Canada…
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Proposed Notifiable Transactions Under Upcoming Mandatory Disclosure Rules in Canada: A Canadian Tax Lawyer’s Explanation
Introduction: The Ministry of Finance has Walked Back the Deadline…
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New Proposed Mandatory Tax Planning Reporting Obligations under the Canadian Income Tax Act: A Canadian Tax Lawyer’s Review
Introduction: The Ministry of Finance has Proposed New Mandatory Reporting…
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Qualifying Disability Trusts – Canadian Income Tax – Toronto Tax Lawyer Guide
Overview – Qualifying Disability Trusts As of January 1, 2016,…
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