Bare trust debacle shows CRA needs to learn to respect taxpayers

[ad_1] Breadcrumb Trail Links Taxes Personal Finance Kim Moody: Taxpayers wasted money and tax professionals lost sleep only to be told the rules had changed Published Apr 01, 2024  •  Last updated 16 hours ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. … Read more

CRA reverses course, exempts bare trusts from new regulations

[ad_1] Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page. Article content In a pre-Easter act of generosity, the Canada Revenue Agency on Thursday announced that bare trusts will be exempt from trust reporting requirements for 2023. This will come … Read more