Many Canadians have already filed their taxes, but the Canada Revenue Agency (CRA) has now paused new reporting requirements for bare trusts, giving thousands an unnecessary bill. Abigail Bimman explains what a bare trust is, why the CRA made the last-minute change, the fury from accountants, and how it could affect your tax returns.
Global National
How your tax returns could be affected by CRA’s bare trust debacle
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