Foreign Reporting - T1135 (CRA)

Tax tip: Don’t forget foreign assets (including US) when you file your tax return with a cost in excess of $100,000 CDN (outside of rrsp/rif). This includes stock/mutual funds in a Canadian brokerage account. The penalties for not filing form T1135 can be severe. The deadline for the form is the same as your tax return. Call our office with any questions.

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