Should we petition the Auditor General to investigate whether Form T1135 should be discontinued? Does the tax evasion advantage really exceed the cost of administration?

The form is a nuisance. I have my doubts whether anyone who is motivated toward tax evasion would let T1135 get in the way. 

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I would be all for that, at least to eliminate filing for category 7. If the taxpayer's holdings are all through a registered Canadian dealer then the filing of this form seems a completely pointless waste of time and effort...

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