CRA confirms the application of its 15-day remittance policy in Guide T4061 to a deemed payment under s. 214(3)(f)(i)

Pursuant to s. 214(3)(f)(i), where an amount has been made payable, but has not been paid or credited, by a trust to a non-resident beneficiary before the end of the trust’s taxation year, the amount is deemed to have been paid by the trust on the day that is 90 days after the end of that year.

CRA confirmed that, pursuant to the 15-day policy enunciated in Guide T4061, the tax must be remitted to the Receiver General by the 15th day of the month following the month in which the amount was deemed to be paid to the non-resident, i.e., by April 15 if the trust had a calendar year-end. This would comply with s. 215(1).

Neal Armstrong. Summary of 2 June 2026 STEP Roundtable, Q.6 under s. 214(3)(f).