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.  His clients include individuals, private and public corporations, trusts, charities, financial institutions, and public bodies. He also represents clients… more »

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