Canada Revenue Agency

Canada Revenue Agency

April 25, 2013 11:31 ET

Tax Tip: What's New for Trusts?

OTTAWA, ONTARIO--(Marketwired - April 25, 2013) -

Did you know?

Trustees can now apply for a trust account number before filing their T3RET, T3 Trust Income Tax and Information Return. A trust account number is an identifier starting with the letter "T" followed by an eight-digit number.

How to apply for a trust account number

Apply for a trust account number using Form T3 APP, Application for Trust Account Number.

What information is needed?

To process your application, we need a completed and signed Form T3 APP with a signed copy of the trust document or will.

Important facts

- Once the Canada Revenue Agency (CRA) has assigned a trust account number to the trust, please include this number on all correspondence related to the trust to simplify dealings with us.

- If you want to apply for a trust account number for someone, or you want to authorize a person to apply for you, we need a completed and signed Form T1013, Authorizing or Cancelling a Representative. This form allows us to deal with a person who is acting as a representative for another person on income tax matters (including trust accounts).

Related links

- Tax administrators - www.cra.gc.ca/trusts

- Topics: Trusts - www.cra.gc.ca/formspubs/tpcs/trst-eng.html

- Forms and publications - www.cra.gc.ca/formspubs

- T4013 T3 Trust Guide 2012 - www.cra.gc.ca/E/pub/tg/t4013/README.html

- Department of Justice - www.justice.gc.ca

Stay connected

To receive updates when new information is added to our Web site, you can:

- Follow the CRA on Twitter - @CanRevAgency.

- Subscribe to a CRA electronic mailing list.

- Add our RSS feeds to your feed reader.

You can also watch our tax-related videos on YouTube.

Contact Information

  • Noel Carisse
    Media Relations
    Canada Revenue Agency
    613-952-9184