The Canada Revenue Agency headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. THE CANADIAN PRESS/Sean Kilpatrick.
Chambers noted that in his own letter, and raised concern that no new information was made available within the last week of the filing deadline. “We’re not going to charge the clients for these because just in good conscience, like I say, it doesn’t make any sense,” he said.According to Chambers, the last-minute decision “denied taxpayers timely information and fair treatment,” adding that the agency needs to be held accountable.“The CRA’s mishandling of the new reporting requirements for bare trusts undermines confidence in the tax system, which has already eroded over the last few years,” he wrote.
Canada Revenue Agency CRA CRA Bare Trust Canada Economy Money
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