DTCC Connection

Mar 01, 2012 • DTCC Connection

Proposed Guidelines

Under the proposed Canada Revenue Agency (CRA) guidelines, firms will need to have end-investors complete new declaration forms or the firms themselves will have to provide the equivalent information requested on the declaration forms to prove that the investor is:

  • The beneficial owner of the income;
  • Resident in a country that has a tax treaty with Canada;
  • Eligible for treaty benefits on the income being paid.

Global Tax Services will provide an update on the Canadian tax-relief process at is annual Global Tax Forum April 27 in New York.