Budget 2022
2022 Federal Budget Insights and Analysis
Learn what Budget 2022 means for your business and get insights from our industry-leading experts.
Cybersecurity
Cybersecurity in Canada
This report examines cybersecurity in Canada by outlining immediate and imminent threats to your organization and offering guidance on how to defend your assets.
In June 2013, the Canada Revenue Agency (CRA) released a new version of Form T1135, Foreign Income Verification Statement. This form must be filed by all Canadian-resident taxpayers1 that hold specified foreign property (SFP) exceeding $100,000 (CDN) at any time in the year.
There were several changes to this revised form, one of the main changes being the requirement to provide detailed information for each SFP held during the year. Please refer to our Grant Thornton release CRA releases new Form T1135 – What does that mean for you? for details on what SFP includes and a list of the new information requested on the revised form.
Find out more about the new streamlined reporting option. [ 164 kb ]