2019-0798711C6 STEP 2019 - Q.17 - Part XVIII of the Act

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.

Author: Mathieu, Francois
Section: 263

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

All rights reserved. Permission is granted to electronically copy and to print in hard copy for internal use only. No part of this information may be reproduced, modified, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or stored in a retrieval system for any purpose other than noted above (including sales), without the prior written permission of Canada Revenue Agency, Ottawa, Ontario K1A 0L5.

© Her Majesty the Queen in Right of Canada, 2019

Tous droits réservés. Il est permis de copier sous forme électronique ou d'imprimer pour un usage interne seulement. Toutefois, il est interdit de reproduire, de modifier, de transmettre ou de redistribuer de l'information, sous quelque forme ou par quelque moyen que ce soit, de façon électronique, mécanique, photocopies ou autre, ou par stockage dans des systèmes d'extraction ou pour tout usage autre que ceux susmentionnés (incluant pour fin commerciale), sans l'autorisation écrite préalable de l'Agence du revenu du Canada, Ottawa, Ontario K1A 0L5.

© Sa Majesté la Reine du Chef du Canada, 2019