In general, the payment of amounts for services rendered triggers some form of tax reporting and often, an obligation on the payer to withhold and remit amounts on account of tax. Payments made to trustees and executors are no different.
Tax Reporting Obligations for Trustee and Executor Fees
By Steven Frye
closeAuthor: Steven Frye
Name: Steven Frye
Email: Steven.Frye@bakertillywm.com
Site: https://www.bakertilly.ca/en/wm-toronto-ontario/
About: Baker Tilly WM LLP is a leading, independent audit, tax, and business advisory firm based in Vancouver and Toronto, serving clients across Canada. Drawing on well-trained teams across a variety of disciplines, we ensure the alignment of our professional’s skills and experience with client requirements, resulting in exceptional service and business outcomes.See Authors Posts (170) • March 7, 2011
Email: Steven.Frye@bakertillywm.com
Site: https://www.bakertilly.ca/en/wm-toronto-ontario/
About: Baker Tilly WM LLP is a leading, independent audit, tax, and business advisory firm based in Vancouver and Toronto, serving clients across Canada. Drawing on well-trained teams across a variety of disciplines, we ensure the alignment of our professional’s skills and experience with client requirements, resulting in exceptional service and business outcomes.See Authors Posts (170) • March 7, 2011