Tax compliance can be overwhelming for Canadian businesses, especially those in the construction industry. Among the many requirements, the T5018 form often raises questions. This document, known as the Statement of Contract Payments, is a crucial document for reporting payments made to subcontractors. But who exactly needs to file it, and why is it so important? If you’re involved in the construction industry, understanding this obligation could save you from penalties and compliance issues. The T5018 form isn’t just a