Thank you Calgary411 for posting this for me.
As some of you already know, I heard back from Canada’s Revenue Minister, the Honourable Diane Lebouthillier, as to whether my Canadian banking information had been sent to the CRA in last year’s FATCA IGA information reporting.
As it turned out, three information slips were reported from two different investment firms where I had signed a W-9 at some point. None of my other bank accounts where I had not signed a W-9 were reported although one of my bank’s managers knew I was a USP. She retired before it came time to report that account. It’s good to know that the CRA isn’t being extra helpful to the IRS by providing information slips on bank accounts that it is aware of through Canadian tax reporting – yet.
The letter contains a contact number for the Director with the Canadian Competent Authority Services Division others may find useful in trying to get straight answers when having to deal with FATCA.
Thanks very much, Bubblebustin, for sharing with other Canadian Brockers your CRA Letter (linked above)!
Ask her why the Canadian government obeys US law when the US government doesn’t?
Ask her when CRA will turn over Canadians’ bank account details to Eritrea?
If you know or find her ancestry, ask if she filed reports and paid her fair share to those countries?
All great suggestions, Norman.
We should know the outcome of the Israeli Supreme Court injunction by the time I talk with her. I’d love to give her the breaking news that Israel has blocked FATCA there. I’m on tenter hooks here awaiting their decision.
Found this interesting tidbit about the origins of my MP, Pam Goldsmith Jones’ ancestry:
“Goldsmith Family History. English: occupational name for a worker in gold, a compound of Old English gold ‘gold’ + smið ‘smith’. In North America it is very often an English translation of German or Jewish Goldschmidt.”