Subsection 204.2(1)
Administrative Policy
20 June 2023 STEP Roundtable, Q.4
Pursuant to Reg. 204.2(1)(a), a trustee of a trust is required to report information about each “beneficiary” of the trust, unless the trust...
Words and Phrases
beneficiaryArticles
Kate Harris, Balaji (Bal) Katlai, "New Trust Disclosure Rules: The Unfolding of the Propep Nightmare", Tax for the Owner-Manager,” Vol. 20, No. 4, October 2020, p. 7
Quaere whether Proprep indicates that contingent beneficiaries must be disclosed (p. 7)
Consider a trust indenture that includes a "conditional"...