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New Rules for In Trust For Accounts

The Canadian Government has implemented new conditions for In Trust For accounts. Unless specific conditions are met, ITF holders must file a T3 return for tax years ending after December 30, 2023. This includes many trusts, including bare trusts. Before the introduction of the new reporting requirements, a trust that did not earn income, dispose of capital property, or make ...

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COVID-19

We are all concerned about the spread of the COVID-19 virus and the measures in place are unprecedented and continue to change. We, at Lott & Company, are closely following the new developments regarding the spread and impact of the COVID-19 virus and are committed to being responsive as the situation evolves. The health and safety of our clients and ...

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