TEI Submits Comments on Draft Form RC312 Under Canada’s Mandatory Disclosure Rules

print this article

On February 13, TEI filed comments with the Canada Revenue Agency regarding Draft Form RC312 – Reportable Transaction and Notifiable Transaction Information Return. TEI’s comments primarily concerned the volume of information required by the form as well as the unclear nature of several provisions on the form. TEI’s comments were prepared under the aegis of its Canadian Income Tax Committee, chaired by Steve Saunders of Atco. Benjamin R. Shreck, TEI tax counsel, coordinated the preparation of the Institute’s comments. To read the comment letter, click here.


Leave a Reply

Your email address will not be published. Required fields are marked *

XHTML: You can use these tags <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>