CRA’s Revised Position on Private Health Services Plans

Effective January 1, 2015, a plan is considered a PHSP as long as the premiums paid under the plan relate “all or substantially all” to medical expenses that would otherwise qualify for METC (assuming all other conditions to…

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CRA and Foreign Assets Disclosure

Canadians with income from foreign assets are now obliged to report them in much more detail on Form T1135.

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