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