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207. Tax Reporting Rules That Suck! Watch Out For Trusts!

207. Tax Reporting Rules That Suck! Watch Out For Trusts!

Wealth Without Bay Street 207: Tax Reporting Rules That Suck! Watch Out For Trusts! Are you involved in a bare trust arrangement? Currently, we are at the one-year mark since Bill C-32 was enacted. This means that we are now entering the first tax reporting season under this law, covering an entire tax year. This bill, which initially seemed harmless, will potentially cause some unexpected issues. So, what does this mean for the average Canadian consumer? If you want to stay ahead and understand the impact on your financial life, tune in – we've got all the details you […]

Wealth On Main Street

February 21, 202439m 57s

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Show Notes

Wealth Without Bay Street 207: Tax Reporting Rules That Suck! Watch Out For Trusts!   Are you involved in a bare trust arrangement? Currently, we are at the one-year mark since Bill C-32 was enacted. This means that we are now entering the first tax reporting season under this law, covering an entire tax year. This bill, which initially seemed harmless, will potentially cause some unexpected issues. So, what does this mean for the average Canadian consumer? If you want to stay ahead and understand the impact on your financial life, tune in – we've got all the details you […]