Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Principal Issues: Can the CRA provide recent statistical data with respect to data that it is required to collect and transmit to the US IRS pursuant to part XVIII of the Act and the Inter-Governmental Agreement between the US and Canada ("IGA")?
Position: As of April 1, 2019, the CRA has sent over 700,000 records to the IRS under the IGA for the 2017 tax year. Apart from standard automated notifications to identify file and record level errors, no further information has been requested by the US in respect to this data.
2019 STEP CRA Roundtable – June 7, 2019
Question 17. Part XVIII of the Act
Can the CRA provide recent statistical data with respect to data that it is required to collect and transmit to the US IRS pursuant to Part XVIII of the Act and the Inter-Governmental Agreement between the US and Canada? For example, how many accounts’ information was transmitted during the last transmission period? Has the US requested any further information in respect of any of the transmitted data?
CRA Response
As of April 1, 2019, the CRA had sent over 700,000 records to the Internal Revenue Service (IRS) under the Canada/U.S. Intergovernmental Agreement (IGA) for the 2017 tax year. Apart from standard automated notifications to identify file and record level errors, no further information has been requested by the U.S. with respect to this data.
François Mathieu
2019-079871
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