Revenu Quebec Updates Specifications for the RL-18

Revenu Quebec recently released updated electronic specifications for Form RL-18, Securities Transactions. These specifications are used by filers to submit RL-18 reports electronically to Revenu Quebec.

There are three specific updates to the specifications which were added to the TY 2018 version of the specifications.

  • Possible values for the applicable year have been updated to 2018 or 2019;
  • The <NoCertification> tag was updated to account for TY 2018 in the Certification Number Format: RQ-18-99-999;
  • Under the <C15_Genre> tag, a new code was added: “ELN” for Equity Linked Notes.

To review these specifications in full, please click here (may be subject to Quebec Partner Login Credentials).

Author

Paul Ogawa

Paul Ogawa is a Junior Regulatory Counsel at Sovos Compliance. As part of the Regulatory Analysis team, his main areas of focus are state and federal tax withholding, the Affordable Care Act (ACA), and Canadian tax information reporting. Prior to Sovos, Paul worked as a litigation attorney in Boston area law firms, representing clients in insurance subrogation claims, family law matters, and employment disputes. Paul is a member of the Massachusetts Bar, earned his B.A. from Brandeis University and his J.D. from the Suffolk University Law School.
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