As there is no prescribed form, how is the election made? CRA indicated that the trust should include in a letter attached to the T3 Return: a declaration that it is electing under s 107(2.11); its name and trust account number; the name and residence status of the beneficiary receiving the distribution; and the distributed property's description, ACB and FMV.
Topics and taglines
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
318800
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
341458
Extra import data
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