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CORPORATE REPORT NO: R198COUNCIL DATE: November 20, 2023REGULAR COUNCIL TO:Mayor & Conciliate: November 16, 2023FROM:Acting General Manager, Corporate ServicesSUBJECT:Council Procedure Bylaw Amendment
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No R198 is a form used to report specific financial information for tax purposes as required by the relevant tax authority.
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Individuals or entities that meet certain income thresholds or engage in specific activities as defined by the tax authority are required to file No R198.
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The purpose of No R198 is to provide the tax authority with a comprehensive overview of certain financial activities, ensuring compliance with tax regulations.
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