The Canada Revenue Agency continues to face criticism over its decision to retract its requirement for Canadians to report bare trusts for this tax year, and now a Conservative MP wants a “systemic review” into the handling of the issue. As Sean Previl reports, the MP’s call is not the only call the ombudsperson has received and it’s looking into the issue, though it won’t say if a review will happen.
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- CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP says