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.
PROVISION OF INCOME TAX INFORMATION TO U.S. TAXATION AUTHORITIES ON RESIDENTS OF WEST GERMANY
Issue
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Response
THE HONOURABLE MEMBERS SHOULD KNOW THAT INCOME TAX CONVENTIONS WITH MANY COUNTRIES PROVIDE FOR AN EXCHANGE OF INFORMATION TO FACILITATE ADMINISTRATION OF THE DOMESTIC LAWS OF THE CONTRACTING STATES.
MY OFFICIALS ARE REVIEWING THE CIRCUMSTANCES OF THIS PARTICULAR TRANSFER OF INFORMATION.
Background
Such information is reported to the Department on NR4 information slips by various Canadian financial institutions. Most modern tax conventions provide for an exchange of such information, usually upon request. The U.S. arrangement involves a spontaneous exchange.
Information slips provided to the U.S. that report a non-U.S. address for the income recipient would be returned to this Department. However, the U.S. authorities would first make an enquiry of the non-resident and if advised that the recipient is not a U.S. resident would then return the NR4 information slip to Canada.
Deputy Minister's office 995-8225
For Further Info.: Assistant Deputy Minister Policy and Systems Branch 996-9967 December
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© Her Majesty the Queen in Right of Canada, 1985
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© Sa Majesté la Reine du Chef du Canada, 1985
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