8 October 2010 Roundtable, 2010-0373401C6 F - Fiducies et ajout d'un bénéficiaire -- summary under Subsection 116(1)

After indicating that a court-approved addition of a beneficiary to a fully-discretionary resident trust will result either in a part disposition of the existing trust interests, or a constructive dissolution and resettlement of trust, CRA stated:

In the event that some of the initial beneficiaries are non-residents, we are of the opinion that they should comply with their obligations under section 116.

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