Bare Trust News Today

A Conservative MP is calling for a "systemic review" into the Canada Revenue Agency's recent handling of bare trust reporting requirements amid ongoing criticisms.

Many more Canadians will have to file a trust tax return this year than in the past. What is a bare trust, and what are their tax filing requirements?

Q My son is very lucky as my parents want to give money to me for him when he’s older. They’d like it to be used for college fees, etc. I believe it will be about €200pm. I heard there is a tax efficient way to do this. Can you point me in the right direction and maybe have a chance of a good return on this money please?

Parents are increasingly co-signing just to help kids pass the mortgage stress test and qualify for a mortgage that they’re capable of paying for on their own at the bank’s contract rate

Perth uranium heavyweight Grant Davey has told the Perth Supreme Court he discussed his spat with stockbroker Tim Kestell with Malawi Government ministers within hours of it erupting, causing Lotus Resources (LOT) to fear the Kayelekera uranium project it acquired several months earlier could be jeopardised.

A trust is where a person gives assets to a third party to look after for somebody else. Learn more today.

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