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Naseem
Level 3
posted
‎November 11, 2021 07:00 PM
last updated ‎November 11, 2021 7:00 PM

Correct GIFI code for Trust funds and liability in T2 return of a Law corporation

Is GIFI code 2590 correct to use for Deposit funds to clients Trust account  and  GIFI code 3470 for Trust liability account in T2 return of a Law corporation? 

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1 Comment 1
Mario B
ProFile Team
ProFile Team
‎November 15, 2021 09:52 AM

Correct GIFI code for Trust funds and liability in T2 return of a Law corporation

Hello Naseem, you can check from the GIFI documentation on CRA website

 

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4088.html

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