Tag: Federal-Canada
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CRA Changes Bare Trust Filing Requirement
Canada Revenue Agency announced on March 28, 2024 that bare trusts do not have to file T3 returns for 2023.
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CRA Trust reporting rules
CRA’s new reporting rules apply to affected trusts with December 31, 2023 year ends. More trusts now have to file a T3 return, including the new Schedule 15.
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CEBA repayment deadline
The government of Canada announced that the repayment deadline for Canada Emergency Business Account (“CEBA”) loans is being extended to January 18, 2024.