ADVANTAGE EXTENDED. If an advantage (as defined under the Tax Act) in relation to an RESP is extended to the Subscriber or to a person who does not deal at arm’s length with the Subscriber, it is the responsibility of the Subscriber to file an income tax return and pay the tax under Part XI.01 of the Tax Act; except if the advantage is extended by the Trustee or by the Promoter or by a person with whom the Trustee is not dealing at arm’s length.
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Samples: clearing.fidelity.ca, clearing.fidelity.ca, www.fidelity.ca
