Tag: reporting

New Trust Reporting Rules Delayed

Paul S.O. Barbeau0

Trust reporting rules apply only to taxation years that end after December 30, 2023

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Canadian Tax Planning and “Reportable Transactions”

Paul S.O. Barbeau0

The Government of Canada passed legislation requiring disclosure of reportable transactions to the Canada Revenue Agency (CRA). The legislation addresses concerns about how aggressive tax avoidance transactions affect the fairness of the income tax system – everyone must…

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US Citizens Abroad Organise to Fight Worldwide Tax Net

Paul S.O. Barbeau0

This article address the issue of the tax problems faced by expatriate American citizens, especially with regard to Foreign Account Tax Compliance Act (FATCA) compliance.

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China Has Introduced New Money Laundering Reporting Rules

Paul S.O. Barbeau0

The People's Republic of China recently introduced new money laundering rules to reduce the number of unwarranted suspicious activity reports relating to money laundering. The new rules now instruct banks to perform risk assessments on clients according to…

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