Trusts will not have to provide additional information on their 2021 Quebec income tax returns under the province's proposed beneficial ownership reporting rules. Under these proposed rules, which were scheduled to be effective for taxation years ending after December 30, 2021, an affected trust must provide additional information on its income tax return about its beneficiaries, trustees, settlors and protectors. Revenu Quebec has announced that it will relax this reporting obligation for 2021 returns, following a similar announcement from the CRA clarifying that affected trusts will not have to meet proposed enhanced beneficial reporting obligations until the federal government officially passes legislation to enact these changes. 

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