Sonya Dolguina | CPA 🇨🇦🇺🇸
Region: CA
Saturday 17 October 2026 17:46:42 GMT
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sd :
"creative accounting" got us into this mess, maybe it can get us out 🤣
2026-10-17 19:09:25
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Zaed Yousif | CPA :
Couldn’t agree more! More fear is CRA will begin to assess where a bare trust exists, making things even more complicated!
2026-10-17 17:50:05
1
Thomas :
it is not the accountants who are asked whether a trust relationship is a bare trust - it is the taxpayer that must answer the question. If the taxpayer then asks their accountants this question, the accountants should refer the question to the client‘s lawyer.
2026-10-18 00:15:28
2
Sherri Young :
Lawyers and accountants should plan these together. A lawyer can’t possibly advise unless they know how the document has been reported on the books
2026-10-18 00:50:31
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