Is the SIN (Social Insurance Number) a required field to be completed on the form?

Submitted by mwolodko on Tue, 11/24/2020 - 22:19

Yes, VCIB is collecting the SIN based on CRA requirements on the RC518 Declaration of Tax Residence for Individuals form.

Providing your SIN as part of the fully completed self-declaration form gives VCIB confirmation of your tax residency. If you complete the form declaring that you are solely a Canadian tax resident, VCIB does not have an obligation to report your information to CRA.

If you are reluctant to provide your SIN and provide an incomplete form, there is a possibility of follow up clarification and fines (assessed by the CRA) to the cardholder for failure to report.

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