Any one know anything about T-1135 I just learnt about this today ?
When you filed your return, you answered "yes" to the question on page 2, "Did you own or hold specified foreign property where the total cost amount of all such property, at any time in 2023, was more than CAN$100,000?" Therefore, you are required to file Form T1135, Foreign Income Verification Statement, if you have not already done so. There are substantial penalties for not filing Form T1135 by the due date. For more information see form T1135 at canada.ca/cra-forms.
I just learnt that this form exists ?? always thought you just click the box ? what the heck.... does that mean I never filed it all these years ? this is the first time i actually read the damn assessment....