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New related party transaction reporting requirements in Canada

Baker McKenzie

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Canada May 21 2009

On December 22, 2008 the Canada Revenue Agency (“CRA”) released a new version of the information reporting form T106 that includes significantly expanded levels of detail for disclosures of related party transactions.

Content is provided for educational and informational purposes only and is not intended and should not be construed as legal advice. This may qualify as "Attorney Advertising" requiring notice in some jurisdictions. Prior results do not guarantee similar outcomes. For more information, please visit: www.bakermckenzie.com/en/client-resource-disclaimer.

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