Ms. Audrey Gibeault, CPA, CA, Business Law associate at Lavery, has published an article entitled “Unexpected Application of Part XII.2 Tax to a Canadian Personal Trust” in the May 2013 issue of Canadian Tax Focus, a publication of the Canadian Tax Foundation.
Ms. Gibeault’s article deals namely with the tax issues related to the application of Part XII.2 Tax to a trust that is a resident of Canada, in circumstances where the trust’s beneficiaries have become non-residents of Canada under the Income Tax Act.
To read this article, click here.
