Canada's Taxpayers' Ombudsperson investigates CRA's scrapped bare trust filing requirements.
Canada's Taxpayers' Ombudsperson, François Boileau, is investigating the Canada Revenue Agency's (CRA) handling of bare trust filing requirements, following the CRA's decision to scrap the rules just before the tax deadline. Boileau's examination will assess the CRA's compliance with taxpayers' rights to clear, accurate, and timely tax information and the cost of compliance. The Ombudsperson aims to prevent similar issues and provide recommendations to the CRA based on the findings.
July 10, 2024
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