T4: Box 57-60 Reporting

For the 2020 year, salary in each of four particular time periods had to be separately disclosed on T4 slips. The guidance for 2021 stated that this specialized reporting was only applicable to 2020, however, a recent CRA webinar indicated that it would be applicable to 2021 as well. CPA Canada was able to obtain clarification, finding that the comment in the webinar was erroneous, and that the specialized reporting would not be applicable for the 2021 year.

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