Subsection 204.2(1)
Administrative Policy
3 November 2023 APFF Financial Strategies and Instruments Roundtable Q. 7, 2023-0994231C6 F - Additional reporting - trusts subject to exception
For taxation years ending on or after December 31, 2023, Reg. 204.2(1) requires a trust to provide specified information regarding its trustees...
20 June 2023 STEP Roundtable Q. 4, 2023-0968111C6 - Trust Reporting – Definition of Beneficiary
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"...