The CRA has made changes to trust reporting requirements for T3 returns filed for tax years ending after December 30, 2023. Under the new rule, all trusts that are required to file a T3 return, other than listed trusts, will be required to report beneficial ownership information when filing their annual T3 return by completing Schedule 15.
In this webinar, Sarka Hojda, CPA/CGA and Tax Analyst at TaxCycle, will cover the definition of a bare trust, filing requirements, how to apply for a trust number and how to complete the T3 trust return.
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