CRA hits taxpayer with hefty 'foreign property' penalty over Swiss bank account
The CRA reassessed the taxpayer for those taxation years to include in his income amounts in connection with the Swiss bank account, and imposed both gross negligence penalties, and penalties for the ...
trailtimes15d
Tax Time: Disclosure of Foreign Assets, the T1135
For Canada, the $100,000 figure is defined by the aggregate value of all the qualifying foreign assets held by a taxpayer and if exceeded, the answer is “yes” to the question, and then Schedule T1135 ...
Investopedia27d
Form 1099-INT: What It Is, Who Files It, and Who Receives It
Investopedia / Xiaojie Liu Form 1099-INT is an Internal Revenue Service (IRS) tax form used to report interest income. Form 1099-INT is issued by all entities that pay interest income to investors ...
Canada5y
Detailed information for H&R Block
Not supported for the 2017 to 2022 tax years: Electronic transmission of Form T1134 Form T1273 – Statement A ... Jurisdictions Amendment of the electronic transmission of Form T1135 – 2017 to 2019 tax ...
Canada5y
Detailed information for Microsophic Inc.
Exclusion for the 2023 tax year. Electronic transmission of Form UHT-2900 - Underused Housing Tax Return and Election Form Form T1134, Information Return Relating to Controlled and Non-Controlled ...