Shajani CPA

Understanding the Evolving Role of Settlors in Trusts Under New T3 Trust Reporting Requirements

April 17, 2024
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Trusts

For families with family-owned enterprises in Canada, understanding the intricacies of trust management and compliance with taxation laws is crucial. With the recent changes in the T3 Trust Reporting requirements, specifically the inclusion of Schedule 15, it is essential for…

Shajani Newsletter

Tax and business tips from Shajani's experts, specifically for Canadian business owners. By subscribing, you agree to our privacy policy.

<div id="mc_embed_shell">
<link href="//cdn-images.mailchimp.com/embedcode/classic-061523.css" rel="stylesheet" type="text/css">
<style type="text/css">
#mc_embed_signup{background:#fff; false;clear:left; font:14px Helvetica,Arial,sans-serif; width: 600px;}
/* Add your own Mailchimp form style overrides in your site stylesheet or in this style block.
We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. */
</style>
<div id="mc_embed_signup">
<form action="https://shajani.us18.list-manage.com/subscribe/post?u=7e0216acf07ae66b075585b99&id=aaaacdc831&f_id=0035c6e1f0" method="post" id="mc-embedded-subscribe-form" name="mc-embedded-subscribe-form" class="validate" target="_blank">
<div id="mc_embed_signup_scroll"><h2>Subscribe</h2>
<div class="indicates-required"><span class="asterisk">*</span> indicates required</div>
<div class="mc-field-group"><label for="mce-FNAME">First Name <span class="asterisk">*</span></label><input type="text" name="FNAME" class="required text" id="mce-FNAME" required="" value=""></div><div class="mc-field-group"><label for="mce-LNAME">Last Name <span class="asterisk">*</span></label><input type="text" name="LNAME" class="required text" id="mce-LNAME" required="" value=""></div><div class="mc-field-group"><label for="mce-EMAIL">Email Address <span class="asterisk">*</span></label><input type="email" name="EMAIL" class="required email" id="mce-EMAIL" required="" value=""></div>
<div hidden=""><input type="hidden" name="tags" value="189"></div>
<div id="mce-responses" class="clear">
<div class="response" id="mce-error-response" style="display: none;"></div>
<div class="response" id="mce-success-response" style="display: none;"></div>
</div><div aria-hidden="true" style="position: absolute; left: -5000px;"><input type="text" name="b_7e0216acf07ae66b075585b99_aaaacdc831" tabindex="-1" value=""></div><div class="clear"><input type="submit" name="subscribe" id="mc-embedded-subscribe" class="button" value="Subscribe"></div>
</div>
</form>
</div>
<script type="text/javascript" src="//s3.amazonaws.com/downloads.mailchimp.com/js/mc-validate.js"></script><script type="text/javascript">(function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[0]='EMAIL';ftypes[0]='email';fnames[8]='MMERGE8';ftypes[8]='birthday';fnames[6]='MMERGE6';ftypes[6]='address';fnames[7]='MMERGE7';ftypes[7]='text';fnames[9]='MMERGE9';ftypes[9]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[10]='MMERGE10';ftypes[10]='text';fnames[5]='MMERGE5';ftypes[5]='text';fnames[12]='MMERGE12';ftypes[12]='text';fnames[13]='MMERGE13';ftypes[13]='text';fnames[14]='MMERGE14';ftypes[14]='text';fnames[15]='MMERGE15';ftypes[15]='text';fnames[16]='MMERGE16';ftypes[16]='text';fnames[17]='MMERGE17';ftypes[17]='text';fnames[18]='MMERGE18';ftypes[18]='text';fnames[11]='MMERGE11';ftypes[11]='text';}(jQuery));var $mcj = jQuery.noConflict(true);</script></div>

T3

Understanding the Evolving Role of Settlors in Trusts Under New T3 Trust Reporting Requirements

Shajani Newsletter

Shajani Blog

Navigating the Trump Effect: Strategic Tax and Financial Insights for Canadian Family-Owned Businesses Amid U.S. Election Shifts

Important Dates

Mastering Financial Literacy with Shajani CPA’s Online Resources

Best Credit Cards for Travel Points 2024/2025: A Guide for Canadian Family Enterprises