Tax clearance process (the process you may want to know)
- If you do not have a Canadian income tax account number, please click the link to apply: Tax ID Registration
- We organize the information, rental declaration, tax number sorting, etc., and submit the queue
- Waiting for the person in charge of the tax bureau to process, the tax bureau will reply how much prepayment tax (letter) needs to be paid (
This process takes the longest, estimated to be 6 months). During the waiting period, there will be no delay in handing over the property. . - You need to send the letter to your lawyer, and the lawyer will help you pay
- We will help you send a copy of the payment check to the person in charge of the tax bureau to speed up the reconciliation (
This process takes 1 month) - The tax bureau will issue a tax clearance certificate after confirming receipt of payment
- Only after obtaining the tax clearance certificate can the lawyer return all the deposit to you
- The next step is to refund the overpaid VAT deposit - see VAT refund for details
If you want to know more about Canadian real estate tax declaration for non-residents, click the link below to watch the video explanation.
➤Non-resident Canadian Property Tax Return