Laredo LawToronto, ON · June 1, 2026Bare trusts exempted from reporting rules…for now
Bare trusts are getting one last reporting reprieve. The Canada Revenue Agency’s recent announcement that it did not expect bare trusts to comply with its general trust reporting requirements for the 2025 tax year has become something of an annual ritual for beneficiaries. But this year’s statement suggests they shouldn’t get used to it, as...
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