SlipMatch data use
When you enable SlipMatch, TaxCycle connects with our web service to do the following things:
- Send the fund names you download from the Canada Revenue Agency (CRA) to the web service. It then matches this data with the list of fund company names we already have.
- After you review and adjust matches for import, TaxCycle sends your matches back to the web service to help improve future matching (this is the machine learning part).
Rest assured, no identifying taxpayer information, no account numbers or box values from the slips are sent to our web service. We only receive the fund names and information about matching those fund names.