Canada: Updated FATCA and CRS onboarding forms
The forms were rolled over without any substantive changes.
The Canada Revenue Agency (CRA) on November 26, 2024, issued the 2024 version of the FATCA and common reporting standard (CRS) self-certification forms:
- RC518, for declaration of tax residence for individuals for Part XVIII and Part XIX of the Income Tax Act
- RC519, for declaration of tax residence for entities for Part XVIII and Part XIX of the Income Tax Act
- RC520, for declaration of tax residence for individuals for Part XIX of the Income Tax Act
- RC521, for declaration of tax residence for entities for Part XIX of the Income Tax Act
The forms were rolled over without any substantive changes.
Read a December 2024 report prepared by the KPMG member firm in Canada