What does addy Business provide for tax filings for Issuers?

addy Business is a software provider and does not complete any tax filings. The software can, as directed, generate T5 and T5013 slips for members who purchased securities.

Company will, based on information provided or produced either by a purchaser of Securities, Client or the Dealer (as applicable) in connection with the Offering (any such received information, the Tax Slips Received Information”), use automated software processes to generate T5013 or T5 tax slips (as applicable) for addy Members who purchased Securities (the “Tax Slips”) where applicable. Client, or Company on Client’s behalf if so requested by Client, may upload and provide (through the Platform or otherwise) addy Members who purchased Securities with the Tax Slips. If Company provides the Tax Slips on Client’s behalf, Company may require Client to enter into with Company or issue to Company, a letter of direction or similar document, based on Company’s template for such document, which authorizes Company to provide (through the Platform or otherwise) addy Members who purchased Securities with the Tax Slips and may, among other things, include representations or other confirmations and instructions by Client as to the accuracy of the Tax Slips and the information contained therein, as may be requested by Company. 

 The following conditions apply to the provision of this Service:

1. The Tax Slips are generated based on the Tax Slips Received Information. Client acknowledges that Company uses automated software processes to generate the Tax Slips and only commits to accurately reflect the Tax Slips Received Information in the Tax Slips without assuming any liability for the accuracy and truthfulness of the Tax Slips Received Information itself.
2. Compliance with any applicable laws and regulations and specifically any tax related obligations and duties of Client remain the sole responsibility of Client.