16 June 2014 STEP Roundtable, 2014-0523061C6 - Trust audit issues -- summary under Legal and other Professional Fees

In a discussion of common audit issues, CRA stated:

In document 2013-047756117 we provided advice on the deductibility of carrying charges (specifically legal and accounting expenses), with respect to an individual's T1 final return and an estate trust return. …

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