The latest in tax law

Tax Notes

New Trust Reporting Rules

November 02, 2020

Many trusts will be subject to proposed new reporting rules (“Reporting Rules”) for their taxation years ending on or after December 31, 2021. These trusts will now be required to disclose personal information to the Canada Revenue Agency (“CRA”) concerning their settlors, trustees, beneficiaries, and other persons that can exert control over the trust (such as protectors).

Tax Notes

Alberta Tax Rates Update

October 23, 2020

The revised Alberta income tax integration tables for 2020 and 2021 are now available. These tables include changes introduced by the Government of Alberta on October 20, 2020 in Bill 35, which we expect will pass the Legislature and receive Royal Assent in the coming days.

Leverage our insights

We bring deep curiosity and professional excellence to every file.