Laredo LawToronto, ON · June 19, 2026Bare trusts are now subject to CRA’s reporting rules
The era of the reportable bare trust has begun. After a series of false starts, the Canada Revenue Agency has confirmed that bare trusts with a 2026 year-end will finally be subject to its general trust reporting rules, which require trusts to file a T3 tax return identifying the trustees, beneficiaries and settlors of the...
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