CRA Says It Will Issue Clearance Certificates for Partial Estate Distributions

The CRA said that legal representatives of a graduated rate estate may apply for a clearance certificate for a partial distribution of assets and the process to request a partial clearance certificate is the same as with other types of clearance certificate requests.  The details of the CRA’s comment can be viewed here: 2016-0632641C6.

Prepared by: Ken Jiang

Ken Jiang is a partner in the Vancouver office of Thorsteinssons LLP. His practice focuses on domestic and international tax planning, with particular emphasis on cross-border corporate structuring, inbound and outbound investment, and residency planning. His clients include individuals,… more »

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