Canada:
Canadian Institutions Granted 10-Day Extension For FATCA Registration
16 April 2014
Stikeman Elliott LLP
To print this article, all you need is to be registered or login on Mondaq.com.
Canadian financial institutions have been granted a 10-day
extension to May 5, 2014 (instead of April 25,
2014) to register on the IRS online portal and obtain a Global
Intermediary Identification Number (GIIN) in order to be
FATCA-compliant.
For more information on registration on the IRS FATCA portal,
see
our post of February 21.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from Canada
Time Really Is "Of The Essence"
Taylor McCaffrey
We've all seen these provisions in agreements, but there appears to be some confusion as to the real impact of these words and why they are needed in the first place.
CRA Clarifies Penalty Relief For Bare Trusts
WeirFoulds LLP
Bare trusts, unless specifically exempted, are required to file a 2023 T3 Return on or before April 2, 2024 with a completed T3 Schedule 15 to report beneficial ownership information.
The Importance Of IP In M&A Transactions
MLT Aikins LLP
After slumping last year due largely to rising interest rates, mergers and acquisitions (M&A) in the technology sector are expected to recover in 2024.
