This version of the form is not currently in use and is provided for reference only. Download this version of Form RC4521 for the current year.
Form RC4521 Application for a Financial Institution of a Prescribed Class to Be Designated as a Qualifying Institution or Revocation of a Previously Granted Designation - Canada is used to apply for a financial institution to be designated as a qualifying institution or to revoke a previously granted designation in Canada.
The "Form RC4521 Application" is filed by a financial institution in Canada that wants to be designated as a qualifying institution or wants to revoke their previously granted designation.
Q: What is form RC4521?
A: Form RC4521 is an application for a Financial Institution of a Prescribed Class to be designated as a Qualifying Institution or for the revocation of a previously granted designation in Canada.
Q: What does the form RC4521 allow a financial institution to do?
A: The form RC4521 allows a financial institution to apply for a designation as a Qualifying Institution or to revoke a previously granted designation.
Q: What is a Qualifying Institution in Canada?
A: A Qualifying Institution is a financial institution that meets certain criteria and is eligible for certain tax benefits.
Q: Who should use form RC4521?
A: Form RC4521 should be used by Financial Institutions of a Prescribed Class in Canada.