Taxpayers’ Ombudsperson says review comes after hearing concerns about the tax agency’s last-minute about-face on March 28
The Office of the Taxpayers’ Ombudsperson is reviewing whether the Canada Revenue Agency violated certain rights of taxpayers in its handling of new tax rules for trusts, which saw the agency scrap onerous reporting obligations for bare trusts just days before the filing deadline.
Canada’s tax agency has struggled to administer new, complex information-sharing obligations that went into effect this tax season stemming from legal amendments meant to improve transparency around trusts. Among other things, the rules for the first time required taxpayers to file tax returns for bare trusts, which were previously exempted from filing.
While critics of the bare-trust rules have welcomed the change, saying it brought relief to those who hadn’t filed yet, they have also lambasted the government for waiting until the 11th hour to walk back the reporting requirements. In the letter to Mr. Chambers, Mr. Boileau said his office would also look at how the CRA is treating taxpayers who have already filed their trust returns.
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