Your SIN # is required under the Income Tax Act for tax reporting purposes and in order to issue a T4A slip.
Regional Cooperative is required by law to have this number on file and
does not violate the Personal Information Protection and Electronic
Documents Act (PIPEDA).
The number provided will not be used for any other purpose.
the event your equity allocation is over $100.00 and purchases are made
for personal use only, your SIN # will assist you with the ability to
collect the withholding tax held by Canada Revenue Agency (CRA) when
filing your annual personal income taxes. Not only will you be able to
benefit from the ARC’s equity/cash back program you can also collect
further funds from CRA.