Minor Change
CRA Confirms Bare Trusts Need Not File T3 for 2025
CRA restates that bare trusts need not file a T3 or Schedule 15 for 2025 and flags 2026 reporting under subsections 150(1.3) and 150(1.31).
Tag
informal trusts
Minor Change
CRA Confirms Bare Trust Filing Relief to 2025
Updated Canada Revenue Agency pages reaffirm exemptions from T3 and Schedule 15 reporting for bare trusts through taxation years ending in 2025 while flagging obligations for certain reportable arrangements from 2026 onward under Bill C-15.