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Canada Revenue Agency publishes anticipated list of designated notifiable transactions

|Tax Alerts, Information Reporting, Legis ...|Canada
Canada

  • The Canada Revenue Agency (CRA) has published five notifiable transactions that are relevant to the application of new information reporting requirements.
  • The transactions (and series of transactions) have been designated by the Minister of National Revenue with the concurrence of the Minister of Finance.
  • Taxpayers may subscribe to the CRA's new electronic mailing list to receive notifications when new notifiable transactions are added to the list.

On 1 November 2023, the Canada Revenue Agency (CRA…

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