| | | March 2019 | New trust reporting rules
Sarah Jackson, CPA, CA, CPA (Illinois), is a senior manager in the Kingston office of Baker Tilly SEO | | The 2018 Federal Budget introduced rules that will require trusts to report additional information to the Canada Revenue Agency (CRA) annually to improve the collection of beneficial ownership information. The new rules will also require annual tax returns for trusts, where they were formerly not needed. |
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Ottawa, ON
K2H 9C4 Canada
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www.bakertilly.ca |
| This email is sent by Baker Tilly Ottawa LLP, formerly Collins Barrow Ottawa LLP. 400 - 301 Moodie Drive, Ottawa, ON K2H 9C4.
Baker Tilly Canada periodically publishes Tax Alert for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada. While Tax Alert may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
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