Under the current rules, a trust only needs to file an annual tax return but generally does not need to file the return if it does not earn an income or make any distributions in the year. (Notwithstanding that the Canada Revenue Agency has increased its demand for “nil returns”…
TRUST REPORTING: NEW REQUIREMENTS COMING SOON!
By Steven FryecloseAuthor: 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) • April 24, 2018 • 0 Comments
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) • April 24, 2018 • 0 Comments