Each year, SOCAN issues tax slips to its members, whether T5 (for Canadian residents), Relevé 3 (for Québec residents), or NR4 (for non-residents of Canada). The tax slips for 2021 will be issued to members, and remitted to the appropriate tax authorities, by Feb. 28, 2022.
It’s important that you let us know about any life changes that have taken place over the past year. Did you change your name, create a business, or decide to re-locate? Keep in mind it’s the member’s responsibility to ensure that their tax information is accurate and up-to-date In SOCAN’s database.
If you’re a SOCAN member, and there are changes in your life or company that affect your tax status, please contact member services to ensure that those changes are accurately reflected, going forward.
If a payment has been received in error, these amounts will be reported on your 2021 tax slip, unless the earnings in error are returned to SOCAN before Dec. 1, 2021. In this case, please contact Member Services, at firstname.lastname@example.org, or 1-866-307-6226.
The Canada Revenue Agency (CRA) and Revenu Québec (RQ) maintain strict rules decreeing that tax slips cannot be re-issued, and as such, SOCAN is unable to re-issue them. Any changes that will impact your tax slip must be completed before Dec. 1, 2021, in order to have them accurately reflected in your 2021 SOCAN tax slips.
So please let us know if things have changed, to avoid any tax season blunders!