Trust income tax return
New legislation in Bill C-32 states that certain trusts must provide additional information regarding beneficial ownership on an annual basis. Trusts must provide beneficial ownership information on a Schedule 15, filed along with a T3 return. These new reporting requirements are effective for taxation years ending after December 30, 2023 and subsequent tax years. This means that some trusts may have to file a T3 return for the first time. Others should still file their 2022 T3 returns as usual.
Services and information
Find out who should file, when to file, how to file, and where to file a T3 return.
Find out what the tax year-end is for different types of trust and how to change a fiscal period.
Find out how to submit and file documents online.
Find out when to pay a balance owing.
Find out about the residency status of a trust and how to get more information.
Find out when you need a clearance certificate and what forms to use.
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