Watch! Understanding the New Mandatory Disclosure Rules: An Interview with Adam Friedlan JD, LLM and Joe Devaney

Watch this insightful interview with Adam Friedlan JD, LLM of Friedlan Law and Joe Devaney CPA as they provide an overview of the new mandatory disclosure rules.

Key topics discussed include:

  • a brief overview of the two main regimes:

    • reportable transactions

    • notifiable transactions

  • changes in the definition of an avoidance transaction

  • single transaction vs. series of transactions

  • reporting requirements and timelines

  • issues related to reporting for employees and partnerships receiving fees for consultation or advisory services

Gain a clearer understanding of these complex rules and their implications.

Source Documents:

https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/compliance/mandatory-disclosure-rules-overview/guidance-document.html

Recorded October 30, 2023

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