If I Don’t Receive A T5 For Interest Earned From A Savings Bank Account, I Am Required To Declare It?

One Response to If I Don’t Receive A T5 For Interest Earned From A Savings Bank Account, I Am Required To Declare It?

1. neoplop says:

   February 20, 2010 at 10:37 pm

   Yes you are required to declare it.
   “Report interest paid or credited to you in 2008, even if you
   did not receive an information slip. You may not receive a
   T5 slip for amounts under $50.”
   –Page 19 of the General Income Tax and Benefit Guide – 2008