Non-Resident Rental Guide
This Guide is meant for Non-Residents of Canada that own rental properties in Canada.
Overview
A non-resident of Canada must file a section 216 return if any of the following conditions apply:
- Received rental income from real or immovable property in Canada.
- Received timber royalties from Canadian timber resource property.
- Disposed of rental property and previously claimed capital cost allowance on a section 216 As a result of the sale, a recapture of the CCA occurred.
Expectations by Canada Revenue Agency (CRA)
The non-resident must withhold and remit non-resident tax at a rate of 25% of either the gross rental income amount (if no NR6 is prepared) or the net rental income amount (if an NR6 is approved by CRA).
The payer of the non-resident tax, which may be the tenant or property manager, must make the payment to CRA on or before the 15th day of the month following the month the rental income was paid.
- i.e. for rental income earned in January, the tax must be remitted to CRA no later than February 15th.
HOW TO REMIT
The Non-Resident Tax To CRA
The non-resident must set up a non-resident account number by calling CRA.
- 1-855-284-5946 (From anywhere in Canada & the United States)
- 613-940-8499 (From outside of Canada & the United States)
CRA will provide the non-resident account number and instructions on how to make the deductions Details on making the remittance can be found through the following link www.canada.ca/payments.
Failing to Remit The Non-Resident Tax
CRA may apply a penalty for a non-resident who fails to remit tax when:
- The non-resident deducts the tax but fails to remit.
- CRA receives the amount deducted past the due date.
Open this checklist and save/download with your changes from download button then upload into form with Necessary Details
Looking for expert Advisor For Your Tax Filing ?
Get your personal eAdvisor to do tax filing for you. it is personal, convenient & fast with maximum refund calculated for you.
- Save time and money
- Trusted by Canadians
- 4.8 Service Rating
- Reliable & Secure ITR Filing Platform
Affordable Tax Filing Fees in Canada
Non Resident
Tax Return e-Filing in Canada
Do you live Outside Canada & have an income from Outside Canada through sale of property
or by other means? File your taxes with our inhouse expert e-CPAs
Save Time and Money
Trusted by Canadians
4.8 Service Rating
Reliable & Secure Platform
Non Resident
Provides maximum tax benefit on your Canadian income.
$100
$80 + Taxes
How it Works
Process of online income tax return filing with Taxreturnfilers eAdvisor
Download Checklist Answer a few basic questions
Fill Required details in the form
Upload saved checklist from your system
Make fee payment
Return filed by our Advisor
Let me show you how it works
Enter Details & Make Payment
- Enter your contact details and pay our fees
- Our Tax Planning Specialist (Advisor) will be assigned to you
- Advisor will email or call you and understand about your tax situation
Leave all the hard work to us, We will analyse your
- Previous year tax return for excess tax you have paid
- All available tax credits and deductions have been duly claimed
- Business structure to check if that is the most tax friendly
Hurray! Your Taxes are Planned & Return is Filed!!!
- Advisor Prepares your Tax planning report
- We suggests Deductions to save maximum tax
- We will remind you in early March for tax filing once your Tslips are received.
FAQ
Popular Question
Below you'll find answers to the questions we get asked the most about Tax Return Filing.