CRA confirms no change to its administrative practice of not charging interest or penalties for insufficient instalment payments by trusts

CRA indicated that its release of two new forms - the T3 INNS3, Trust Instalment Voucher and the T3AO, Trust Amount Owing Remittance Voucher – does not signify any change to its current administrative practice of not charging interest or penalties for insufficient instalment payments by trusts.

Neal Armstrong. Summary of 4 June 2024 STEP Roundtable, Q.14 under s. 156(1).