Shajani CPA

Trust Tax Filing in Canada: Your Essential Guide to Compliance

January 2, 2025
Nizam Shajani, Partner, LLM, CPA, CA, TEP, MBA
Accounting, Tax Law, Tax News, Trusts

Trust Tax Filing in Canada: The Comprehensive Guide for Trustees When it comes to managing a family trust or estate, compliance with Canadian tax regulations is critical. Trust tax filing ensures transparency, preserves financial integrity, and secures your family’s legacy…

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>