Common use of Tax Residency Clause in Contracts

Tax Residency. I understand that the Credit Union is required by law to collect tax residency information, including related tax identification number(s), in order to determine if my financial accounts must be reported to the Canada Revenue Agency (CRA). I understand that I must self-certify my tax residency and declare if I am a U.S. or other Foreign Citizen to the Credit Union, and that the Credit Union is not liable for any claims, damages, losses, expenses, costs or liabilities resulting from any error or omission in my self-certification. I agree to inform the Credit Union of any change in tax residency within 30 days of such change. Privacy – I agree that my information will be stored in accordance to The Personal Information Protection and Electronic Documents Act (“PIPEDA”) and that the Credit Union will only collect, gather or disclose my information after obtaining my consent, except where required by law. I have been made aware that the Credit Union maintains a publicly available Privacy Policy, and that additional information on how the Credit Union protects the privacy or personal information of its members is available on request.