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Completed Application to Change Conditions, Extend My Stay or Remain in Canada as a Worker (MM 5710). Note: If this application form is completed on a ...
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What is imm5556?
imm5556 is a form used for reporting foreign assets held by Canadian residents.
Who is required to file imm5556?
Canadian residents with foreign assets exceeding $100,000 CAD at any time during the year are required to file imm5556.
How to fill out imm5556?
imm5556 can be filled out online on the CRA website or by submitting a paper form.
What is the purpose of imm5556?
The purpose of imm5556 is to report foreign assets held by Canadian residents to the CRA for tax compliance.
What information must be reported on imm5556?
Information such as the type of foreign asset, location, cost amount, and income earned must be reported on imm5556.
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