No foreign property
We confirm that the corporation did not hold foreign property at any time in the tax year ending December 31, 2019 with a cost greater than $100,000 CAD. If you do hold foreign property with a cost greater than
$100,000 CAD, please notify my office immediately, for failure to disclose this information could result in a penalty.
Why We are Confirming, it should be “You Confirm…”
Am I correct or it should be as Tax Cycle’s standard format?