Canadians who fail to report their foreign assets properly will run afoul of CRA
New rules will add to filing burdens for honest taxpayers
Changes will extend time for reassessment and form T1135
No one wants to think the unthinkable when planning a trip abroad. But your boomer and snowbird clients should face the possibility that they could die while they are outside Canada, particularly if they are looking for retirement properties in tropical regions or already spending a significant portion of each year in the U.S. or […]