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Survey of accounting firms suggests costs for bare trusts rules neared $1-billion

Accountants and their clients may have spent almost $1-billion trying to comply with controversial new reporting rules for bare trusts before the Canada… ....

Joseph Devaney , Canada Revenue Agency , Video Tax News , Reaking News ,

CRA's bare trust debacle undermines faith in government - here's how to fix it

The CRA should work with the federal Department of Finance to simplify the policy and give more clarity on which financial arrangements constitute a bare trust and which do not ....

Joseph Devaney , Canada Revenue Agency , Log Increate Free , Video Tax ,