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.