What are NR301 and NR302 forms used for?
From January 2012 there will be a change in Regulation for holders of Canadian securities for certain account types. The regulations require we hold a permanent address on file for all our customers who have one of the following accounts types, who hold shares in companies that have their primary listing on a Canadian Market.
These accounts are:
Where the account is registered to a PO Box address we require you to send us a separate letter detailing the reasons why the country you reside in only has a PO Box address system.
What will happen if I do not complete the form?
If you do not complete and return the form to us your withholding tax will change from 15% to 25%.
Please note we are unable to offer tax advice, if you are unsure as to the correct completion of the forms, please speak to an independent tax advisor.
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