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T1135 - bank account money how detail them?

gagnogu

Newbie
Feb 17, 2014
7
0
Hello all :) I have to make my first t1135.... I am totally lost and Revenu Canada never provide same answer,
and no person may help me in my small city :(

My first question (amounts are fictives ;)

I have to declare my bank account in France.
In 2015, the maximum amount in this account was (forexample) 130 000 Euro , then 100 000 Euros were transferred to Canada. There are only 30,000 Euros in the account in France at then end od 2015.

How to report these values ​​in the T1135 ? Like this ?
Type : "Funds held outside Canada"
Country code : FR
Maximum cost amount during the year : 130 00 Euros (converted in $CA)
Cost amount at year end : 30 000 Euros (converted in $CA)
Income : 0 (???)
Gain (loss) on disposition : 0 (???)

I am lost. SHould i write a note that money was sent in canada ?

Thank a lot !