Bare trusts are not required to file for the 2024 tax year

Bare trusts are not required to file for the 2024 tax year
As announced on October 29, 2024, bare trusts are not required to file a T3 return and Schedule 15 for the 2023 and 2024 tax years, unless the CRA makes a direct request for these filings. Find out more: Trust reporting for the 2024 tax year.