The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa.
A last-minute decision to pause “bare trust” reporting requirements left officials at Canada’s tax agency scrambling to inform the public about the changes, internal emails suggest.The Canada Revenue Agency headquarters in Ottawa. The tax agency announced a last minute pause to new 'bare trust' reporting requirements in March.
While some bare trust relationships can be complex, others can be rather simple — such as a shared bank account or a parent being named on the title of a child's house in order to help them qualify for a mortgage.CRA pausing new 'bare trust' reporting requirement just days before filing deadline CBC News asked the CRA when the decision to pause the filing requirements was made internally. The agency didn't pinpoint when that decision was made.
One email shows the tax agency was waiting for approval from the Privy Council Office on the day the announcement was made.The CRA also appears to have rejigged its communications strategy in the wake of the announcement and the subsequent media attention. The "clearer narrative" doesn't appear to have been approved until early May, more than a month after the pause was announced.The new question-and-answer document also suggests that the government wasn't initially anticipating complaints from Canadians who had paid hundreds of dollars in tax preparation fees for paperwork they ultimately weren't required to file.
There were several emails regarding the reimbursement question and response. Much of the discussion over the precise wording has been redacted from them.
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