CRA’s exempting bare trustees from 2024 filing requirement

eAwazLocal News

OTTAWA – The Taxpayers’ Ombudsperson, François Boileau, is pleased that the Canada Revenue Agency (CRA) has proactively waived the 2024 filing requirement for bare trusts, unless it makes a direct request. In July 2024, the Taxpayers’ Ombudsperson announced that our Office was opening a systemic examination into whether the CRA had respected taxpayers’ rights in its administration of bare trust filing requirements …