Sovos.com
Contact SupportDecember 2, 2025
New and improved
- ReportMyUP and ReportMyUP Plus
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- Canadian province reporting
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You can now indicate whether your business has a physical presence in Alberta and New Brunswick on the Business Information page. This determines where properties with Canadian owner addresses should be reported:
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Quebec: Always report to Quebec, regardless of your business's state of incorporation.
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Alberta and New Brunswick: Report to these provinces when you indicate physical presence there; otherwise report to your business's state of incorporation.
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Other Canadian provinces: Report to your business's state of incorporation.
Note:When you update this setting, the system automatically recalculates property dormancy and due dates for compliance. During import, you can review and update your physical presence settings before uploading your file.
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Bug fix
- ReportMyUP and ReportMyUP Plus
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- UETA agreement
- The UETA agreement now displays the correct jurisdiction name when submitting reports to Idaho.
Regulatory updates
- ReportMyUP and ReportMyUP Plus
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- Canadian provinces
- We updated the following documents on the All tab of the Compliance Resources page to include Alberta, New Brunswick, and Quebec: Payment Methods, Due Diligence by State, State Reporting Requirements, and Negative Report Summary.
- Negative reporting
- The Virgin Islands no longer accepts negative reports by email; you must upload them directly to their website. The Negative Report Summary document has been updated with this change.
- New Brunswick property codes and dormancy periods
- You can now add property for New Brunswick with jurisdiction-specific codes and dormancy calculations. Reporting functionality will be available for the spring deadlines.
- New Brunswick relationship codes
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The following codes are now available when reporting to New Brunswick:
Relationship code Description Definition BF Beneficiary Any person or entity designated to receive assets from, for example, an estate, a trust, or an insurance policy, or any instrument in which there is distribution. ES Estate The property of a decedent, prior to distribution, or assets managed by a conservator or guardian. Property held in the name of the estate. IN Insured The person or entity who is covered by an insurer under the terms of an insurance policy. JT Joint Tenancy Ownership by two or more persons in which each owns an undivided interest in the whole, and a right of survivorship is presumed. OT Other Relationship Relationship other than specified in this list. Additional details should be submitted with the property. SO Sole Owner Sole Owner is used when there is only a single owner for the property, and that person has all rights to the ownership of the property. TC Tenancy in Common This type of property is owned by at least two people with no rights of survivorship afforded to any of the account holders. TE Trustee A person or entity who holds the assets (corpus) of a trust for the benefit of the beneficiaries and manages the trust and its assets under the terms of the trust. UN Unknown The owner's relationship to the property is not known.
- ReportMyUP Plus only
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- Texas designated representative code
- A new relationship code, DR (Designated Representative), is now available for safe deposit box (SDxx) properties. Use this to ensure that both the owner and their designated representative receive due diligence letters. The representative can respond on behalf of the owner. Owners with this relationship code do not appear on state reports.