Submit a request to Update Account Documentation
First, locate the client's CRM Contact Record page by searching for the contact's name in the search bar. From the client's contact record, navigate to the Servicing (Service Request) tab, located in the middle panel of the contact record. Then, select Account Administration.
From there, you can select Updated Account Documentation and proceed to specify the details of the request via the right sidebar pop-up.
Step 1.
- Select NBIN-261 - Limitation on benefits Treaty Statement (Non-Individual Canadian Residents).
Step 2.
- Select the appropriate account to link with the NBIN-261 form.
Step 3.
- You will be presented with 2 options. Manual and Straight-Through Processing.
- Let's go through both options.
Step 4 (Manual):
- Attach the completed NBIN-261 form and click "Submit" to proceed. (See the form below for reference)
Step 5 (Straight-Through Processing):
Rather than attaching a form, you will be required to enter the necessary information directly. From the 'IRS Limitation on Benefit Categories' dropdown menu, please select the option that best applies to your entity from the following list:
- Company (incl. Private Companies) or Trusts that meet the ownership and base erosion test
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Estates resident in Canada
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Other tax exempt organization (incl. Not-for-Profit Organizations)
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Publicly traded company
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Subsidiary of a publicly traded corporation
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Tax exempt pension trust or pension fund
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Company that meets the derivative benefits test
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Company with an item of income that meets active trade or business test
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Favorable discretionary determination by the U.S. competent authority received
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Other (Please add paragraph under Article XXIX -A under which you qualify)
Finally, be sure to enter the full name of the authorized officer in the designated field below.
Step 6.
- Click Submit once the files are fully uploaded or all the information is correctly inputted. You can now track your ticket.