Certificate of Compliance Services in Calgary for Non-Resident Sellers Under Section 116

Our Certificate of Compliance services in Calgary cover non-residents selling real estate and other taxable Canadian property. Tax Return Filers PC prepares Form T2062 and T2062A applications, handles Section 116 compliance, and manages CRA liaison for property dispositions. We coordinate with your real estate lawyer, calculate the capital gains and withholding, and apply treaty benefits where they lower the tax. CRA must be notified within 10 days of closing, and until your certificate issues the buyer’s lawyer holds back 25 percent of the sale price.

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Tax Return Filers PC Delivers Strategic Tax Solutions in Calgary

Clients trust our proven approach. Each financial situation receives a custom tax strategy supported by deep expertise and attention to detail. Our 100% five star ratings across verified reviews reflect consistent client satisfaction and on time filings.

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Why a Tax Accountant Is Essential for a Certificate of Compliance in Calgary?

Obtaining a certificate of compliance from CRA requires precise documentation, accurate tax calculations, and timely submission. Many property sellers and non-residents face delays, penalties. Our CoC service in Calgary eliminates these risks by managing every step of the process from initial assessment to final CRA approval.

Non-residents who sell Canadian property must comply with Section 116 requirements before the transaction closes. Failure to obtain a certificate of compliance results in the buyer withholding 25% or more of the sale price. Our team prepares Form T2062 filings with accurate cost base calculations, capital gains assessments, and supporting documentation that CRA demands.

When you choose Tax Return Filers for certificate of compliance in Calgary, you gain a dedicated team that communicates directly with CRA on your behalf. We track application status, respond to CRA inquiries, and resolve issues before they delay your closing. Calgary property sellers and non-resident investors trust our CPAs to secure clearance certificates efficiently and protect their sale proceeds across Alberta.

Solutions for Non-Residents

Specialized tax services for individuals with Canadian income, property, or cross-border obligations.

Real Estate Tax

Capital gains and HST rebates

Cross Border Taxes

Canada-US filings and treaty claims

Non-Resident Tax Filing

Part XIII and Section 216 elections

Departure Tax Return

Deemed disposition and T1161 filings

Certificate of Compliance

T2062 clearance for property sales

Form T2062, T2062A & Section 116 Filing Services for Calgary Property Sales

Our Calgary accounting firm prepares CRA certificates of compliance for non-residents selling Canadian real estate and other taxable Canadian property. We run the file from the first call through to the certificate and coordinate with your real estate lawyer so the holdback releases as soon as CRA clears it.

Our Chartered Professional Accountants prepare Form T2062 for real estate sales in Calgary and Form T2062A for other taxable Canadian property. We calculate your adjusted cost base, determine the capital gain, apply treaty benefits where they lower the tax, and file the application with the records CRA expects. We then track it through to your T2064 or T2068 certificate and answer CRA’s questions on your behalf.

We file before closing wherever the timeline allows. That puts your payment at 25 percent of the gain rather than leaving 25 to 50 percent of the gross sale price in your lawyer’s trust account. On a $520,000 Calgary sale with a $120,000 gain, that is $100,000 released to you instead of held.

We open your file as soon as the sale agreement is signed, because CRA must be notified within 10 days of closing and late notice costs $25 a day up to $2,500. After the sale we prepare your Section 116 return and claim back any withholding above the tax you actually owed. Many non-resident sellers never file that return and leave the money with CRA.

Certificate of Compliance for Corporate, Trust and Multi Property Sales in Calgary

Tax Return Filers PC prepares certificate of compliance applications for Calgary property sales held through corporations, partnerships and trusts, and for closings that involve several properties at once. Ownership structure determines the forms, the rate applied and the evidence CRA requires.

A corporation is the non-resident vendor in its own right, so the file proceeds as a corporate Form T2062A filing rather than an individual application. Where title is held in trust, we document the residency of the beneficiaries. Where the property is held in partnership, we prepare a separate application for each partner who requires a certificate.

Rental properties require the most preparation. We reconstruct the capital cost allowance schedules for every year of ownership, since claimed depreciation creates recapture and raises the buyer’s withholding from 25 percent to 50 percent. We also restate the adjusted cost base where the history includes major renovations, changes in ownership or a purchase made in another currency, then prepare the treaty position with residency evidence CRA will accept.

We manage the CRA correspondence these files generate, so your real estate lawyer deals with a single point of contact and the closing date is protected.

Why Choose Tax Return Filers?

Our team combines advanced academic credentials with decades of practical experience to deliver exceptional tax solutions tailored to your needs.

CRA-Compliant Experts

Our team includes CPA, ACCA, CFA, and CFP qualified professionals with specializations in cross-border, corporate, and personal taxation.

CRA Audit Defense

Successfully handled numerous CRA audits with expertise in Foreign Tax Credits, Section 216/116, and complex tax matters.

Strategic Tax Planning

We don’t just file returns, we develop proactive strategies to minimize your tax burden and maximize your financial outcomes.

Trusted Nationwide

With offices in the Greater Toronto Area and Calgary, we provide expert tax services to clients across Canada confidently.

Our Calgary Office

Our CPA firm is located in Calgary and serves clients across the Alberta. We provide in-person meetings at our office and virtual consultations.

Address

50 Nolanridge Ct NW Unit 225, Calgary, AB T3R 2A8, Canada

Phone

+1 587 885 4212

support@taxreturnfilers.com

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Customers Reviews

      EXCELLENT  
   Based on 39 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   A M 
 
 
 
 Trustindex verifies that the original source of the review is Google. As a non-resident selling property in Canada, the process seemed daunting. Tax Return Filers Ltd. made it incredibly smooth and straightforward. From start to finish, their team was professional, responsive, and highly knowledgeable.
I specifically worked with Waqar Naqvi, who was exceptional. He guided me through every single step of obtaining the Certificate of Compliance, clearly explaining the requirements and keeping me informed throughout. His expertise was evident, and he patiently answered all my questions, making a complex process feel manageable.
Thanks to Waqar and the team, my filing was handled efficiently and without any issues. I highly recommend Tax Return Filers Ltd. to any non-resident needing tax services for a Canadian property sale. They are true experts you can trust
  
 
      Posted on Google  
   
   umer wattoo 
 
 
 
 Trustindex verifies that the original source of the review is Google. Professional service that takes out all the headaches! Great simplistic review of tax filings. I highly recommend
  
 
      Posted on Google  
   
   Satyan Kochhar 
 
 
 
 Trustindex verifies that the original source of the review is Google. Waqar provided exemplary accounting support with a high level of technical expertise along with Omar. They demonstrated thorough knowledge of tax regulations, maintained clear and timely communication, and ensured that all processes were executed efficiently and accurately. I appreciate their meticulous attention to detail and professional approach, and I would confidently recommend their services.
  
 
      Posted on Google  
   
   Orkids Renuka Abbasi 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent service! Shoutout to Mr. Waqar Naqvi! Knowledgeable, thorough, and always responsive. Under his expert supervision and guidance, Omar made the process smooth and stress-free. Highly recommend!
  
 
      Posted on Google  
   
   Ryan Sloan 
 
 
 
 Trustindex verifies that the original source of the review is Google. Look no further for your non resident and departure tax needs if you are becoming a non resident of Canada for tax purposes. These are the experts in the subject and will ensure you have a smooth transition from Canada. They help every step of the way and provide accurate counsel on all matters. Highly recommend
  
 
      Posted on Google  
   
   Harman Singh 
 
 
 
 Trustindex verifies that the original source of the review is Google. I recently had the pleasure of working with Waqar, my accountant, and I can't say enough good things about his services. From the very beginning, it was clear that he values professionalism and has a deep understanding of accounting principles.

His communication skills are outstanding. Waqar always takes the time to explain complex financial concepts in a way that is easy to understand, which has been incredibly helpful for me. Whether it’s through emails or phone calls, he is always responsive and makes it a point to address any questions I have promptly. I never felt like I was in the dark about my finances, which is a huge relief.

One of the aspects I appreciate most about Waqar is his punctuality. He consistently meets deadlines, whether it’s for filing taxes or preparing financial reports. I’ve had experiences in the past where accountants would delay tasks, but Waqar has always delivered on time without compromising quality.

Overall, I highly recommend Waqar for any accounting needs. His combination of expertise, clear communication, and reliability sets him apart from others in the field.
  
 
      Posted on Google  
   
   M R D S 
 
 
 
 Trustindex verifies that the original source of the review is Google. Waqar Naqvi has prepared and filed my Personal Income Tax Returns since 2021.
As a self-employed worker, tax season is a stressful time.
However, Waqar's knowledge and expertise make the process much smoother and relaxed.
I really appreciate Waqar's consistent patience and responsiveness to my detailed questions and concerns.
Given my future aspirations of working abroad, having reliable, trustworthy, affordable, and highly skilled cross-border accounting services is very important to me.
Therefore, I highly recommend Waqar Naqvi and Tax Return Filers, and look forward to their continued services.
  
 
      Posted on Google  
   
   Syed Abbas 
 
 
 
 Trustindex verifies that the original source of the review is Google. great people to work with!
  
 
      Posted on Google  
   
   Sana Zahid 
 
 
 
 Trustindex verifies that the original source of the review is Google. I have had the pleasure of working with Waqar for over 5 years for my personal and business taxes as well as tax planning.
Waqar is a true professional, he is extremely knowledgeable in his field and always gives the best advice in the complex of scenarios.
Waqar's patience and professionalism is highly impressive. He is very responsive and communicates really well.
It is hard to find tax professionals who look at the big picture, I find that Waqar, always looks at my entire financial picture and gives tax advice which is the most appropriate for my situation.
Tax time is stressful enough and working with Waqar has made this process a lot easier.
I would highly recommend Waqar and his team to anyone looking for a great tax partner.

Meet Our Tax Professionals

Our team is led by Narinder Singh, CPA, and includes CFA, CFP, and ACCA qualified professionals. We track every tax law change to provide accurate guidance for individuals and businesses.

Waqar Naqvi, Ph.D., MFin, CFA®, CFP®

Director of Tax Strategy

Narinder Singh, CPA, CGA

Head of Tax Planning, Corporate Structuring, and Corporate Taxes (T2)

Mukarram Ali, MSA

Senior Tax Manager at Tax Return Filers

Got Any Questions?

CRA does not charge fees for Certificate of Compliance applications. However, you must pay estimated capital gains tax with your Form T2062 application. Professional preparation fees typically range from $500 to $2,000 depending on transaction complexity.

No, Certificate of Compliance applications must be submitted by mail or fax to CRA. Form T2062 and supporting documents cannot be filed through CRA’s online services or NETFILE system.

CRA sends a rejection letter explaining required corrections or missing documents. You must resubmit with fixes while your lawyer continues holding sale proceeds. Rejection delays can extend fund holdbacks by several weeks.

Canadian residents do not need this certificate when selling their principal residence or investment properties. Only non-residents disposing of Canadian real estate must obtain CRA clearance before closing.

Non-residents pay estimated capital gains tax calculated on the difference between sale price and adjusted cost base. The tax rate depends on your country of residence and applicable tax treaty provisions.

Real estate lawyers cannot prepare or submit Certificate of Compliance applications. Only you or your authorized tax representative can file Form T2062 with CRA on your behalf.

CRA requires Form T2062, original purchase agreement, current sale agreement, receipts for capital improvements, legal fees, and real estate commissions. All documents must show property details and transaction amounts.

Yes, these terms refer to the same CRA document issued under Section 116 of the Income Tax Act. Both confirm you satisfied tax obligations for non-resident property dispositions.

Book a Free Meeting with Our Tax Experts

Take the first step toward better tax planning with a free consultation. Our team is ready to review your situation and provide clear guidance. Book a time slot directly on our calendar and we will connect with you shortly.