_the-new-t1135-form-foreign-income-verification-statement-and-what-you-need-to-know-about-it.jpg "The New T1135 Form - Foreign Income Verification Statement and What you Need to Know about It. from sam verification Video Screenshot Preview")
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⏲ Duration: 4 min 65 sec
✓ Published: 12-Feb-2014
✓ Published: 12-Feb-2014
Description:
The T1135 Form has changed as announced on June 25, 2013.If you are a Canadian resident and have foreign property with a cost of greater than $100,000 ensure that you complete the T1135 Form correctly.There are substantial penalties for not filing the form and if it is filed incorrectly the statute barred period could be extended from 3 years to 6 years making your return subject to audit for a longer period of time.It's not only real estate but it includes investments, stocks, cash loans
The T1135 Form has changed as announced on June 25, 2013.If you are a Canadian resident and have foreign property with a cost of greater than $100,000 ensure that you complete the T1135 Form correctly.There are substantial penalties for not filing the form and if it is filed incorrectly the statute barred period could be extended from 3 years to 6 years making your return subject to audit for a longer period of time.It's not only real estate but it includes investments, stocks, cash loans
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