This version of the form is not currently in use and is provided for reference only. Download this version of Form T5001 for the current year.
Form T5001 Application for Tax Shelter Identification Number and Undertaking to Keep Books and Records in Canada is used to apply for a tax shelter identification number and to provide an undertaking to maintain the necessary books and records for tax purposes.
The taxpayer who is participating in a tax shelter in Canada must file the Form T5001.
Q: What is Form T5001?
A: Form T5001 is the Application for Tax Shelter Identification Number and Undertaking to Keep Books and Records in Canada.
Q: What is the purpose of Form T5001?
A: The purpose of Form T5001 is to apply for a tax shelter identification number and to undertake to keep books and records related to the tax shelter.
Q: Who needs to complete Form T5001?
A: Any entity that is seeking a tax shelter identification number in Canada needs to complete Form T5001.
Q: What information is required on Form T5001?
A: Form T5001 requires information about the tax shelter, its promoter, the entity applying for the tax shelter identification number, and the undertakings to keep books and records.