PART XIX — Common Reporting Standard

Reporting

Not yet annotated · Text current to 2026-06-21 · section last amended 2017-07-01

Current text

Every reporting financial institution shall file with the Minister, before May 2 of each calendar year, an information return in prescribed form relating to each reportable account maintained by the institution at any time during the immediately preceding calendar year and after June 30, 2017.

Electronic filing

(2)

The information return required under subsection (1) shall be filed by way of electronic filing.

Source: Justice Laws Website. Not an official version.

Historic text

This section has not been amended since it was enacted (2016, c. 12, s. 71), so there is no earlier version.

Earlier versions: Justice Laws point-in-time versions of the Act (from 31 August 2004), and CanLII (under “Versions”). On Justice Laws, each version of section 278 links to the one before it.

Enacting and amending legislation

2016, c. 12, s. 71

Text before 2004 is found in the annual Statutes of Canada cited above. Application and coming-into-force provisions are not part of the consolidation; see the amending Acts.

Cross-references

No other section of the Act refers to this section, and it refers to no other section.

References are generated from the statutory text and list other sections of the Act only.

Citation

Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.), s. 278.