Tax News

Can the feds avoid repeating the bare trust debacle?

Joint tax committee will ask Finance to change the existing legislation

By Rudy Mezzetta |July 16, 2024

5 min read

Taxpayers’ Ombud to examine CRA’s bare trust administration

Agency received more than 52,000 bare trust returns for 2023, despite issuing last-minute filing exemption

By Rudy Mezzetta |July 10, 2024

4 min read

Liberal tax promise tracker, post–capital gains edition

A look at the status of major tax proposals from the Trudeau government

By Melissa Shin |July 9, 2024

5 min read

How should trusts flow capital gains to beneficiaries in 2024?

Trusts must disclose pre- and post-June 25 gains or face negative tax consequences

By Rudy Mezzetta |July 5, 2024

3 min read