CRA is not yet assessing interest for failure of an inter vivos trust to make instalment payments

CRA has published its statement at the 2014 STEP Roundtable that, pending the "transparent" communication of changes to this policy, "the CRA does not assess penalties or interest where an inter vivos trust fails to make sufficient instalment payments."

Neal Armstrong. Summary of 16 June 2014 STEP Roundtable Q.9, 2014-0526591C6 under s. 156(1).