Get Rc521 2017-2025

The RC521 form, known as the Declaration of Tax Residence for Entities, is essential for entities looking to open or maintain a financial account with a Canadian financial institution. This guide provides clear instructions on accurately completing the form online, ensuring compliance with relevant tax laws.

Follow the steps to successfully complete the RC521 form.

1. Click ‘Get Form’ button to access the RC521 form and open it in the editor for online completion.
2. In Section 1, identify the account holder by providing the legal name of the entity, jurisdiction of incorporation, policy or account number, and both permanent residence and mailing addresses if they differ.
3. Proceed to Section 2, where you will declare the entity's tax residence. Tick all options that apply, providing the business number or trust account number as necessary, and specify any taxpayer identification numbers (TIN) related to jurisdictions of tax residence.
4. Move to Section 3 to classify the entity. In 3.1, determine if it is a financial institution and provide a global intermediary identification number (GIIN) if applicable. If the entity does not have a GIIN, indicate the reason provided in the instructions.
5. Continue through Section 3.2 to determine if the financial institution meets outlined criteria; if so, list controlling persons in the Annex.
6. In Section 4, certify the information provided is correct and complete by filling in the authorized person’s name, signature, position, and date. Ensure the Annex is completed where necessary.
7. Finally, save changes to the form, and consider downloading, printing, or sharing the completed form with your Canadian financial institution.

Complete your documents online with ease and accuracy.