For transactions which occur after December 31, 2023, Budget 2023 proposed new rules to facilitate the use of an Employee Ownership Trust (EOT) to acquire and hold shares of a qualifying business (QB).
To start and scale-up a business, entrepreneurs need access to capital. In the early growth stages, accessing the necessary capital to make investments in their workforce,
The Canada Revenue Agency (CRA) is dedicated to providing you with the highest quality service in the most efficient way possible. Here you will find questions and answers about the new trust reporting rules.