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New Trust reporting rules explained

The Canada Revenue Agency has announced it intends to move ahead with new Trust reporting rules that were included in the November 2025 federal budget. What could this mean for Canadians with Trusts? Georgia Swan, Tax and Estate Planner, TD Wealth, speaks with Greg Bonnell about the changes for almost all Trusts for the 2025 tax year, and what will be required for reporting Bare Trusts in the year ahead.

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