Dube & Cuttini Blog

Trust filings and interest payments…important dates

Posted on: January 11th, 2012 by Dube & Cuttini No Comments

For those who have a trust, the trust filing deadline is March 31, 2011. We have two important reminders related to this deadline:

  • Please forward us the accounting documentation for completing the trust’s financial statements and tax return by the end of January.
  • It is absolutely critical that if the trust has any loans to non-arm’s length parties (for example yourself, spouse, a company that you or family members have partial ownership of), the interest must be paid by January 30th (not the 31st) to avoid income tax “attribution”.

If you have any questions please email George (georgedube@dubecuttini.com).

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