Canadians and the Canada Revenue Agency may both disregard the new trust reporting rules
Imagine a new set of rules meant to catch financial wrongdoers but ends up making…
Imagine a new set of rules meant to catch financial wrongdoers but ends up making things difficult for regular people instead. In Canada, there’s a new set of regulations about trusts that are so complex, even the government agency in charge, the Canada Revenue Agency (CRA), sometimes chooses not to enforce them strictly. These rules…
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