Home
Forms Library
A non-resident disposing of taxable Canadian property

A non-resident disposing of taxable Canadian property 2025

A non-resident disposing of taxable Canadian property Preview on Page 1

See details

4.2 out of 5

21 votes

The document provides instructions for non-residents of Canada on how to file Form T2062 to notify the Canada Revenue Agency (CRA) about the proposed or completed disposition of taxable Canadian property. It outlines the types of properties involved, filing requirements, penalties for non-compliance, and necessary supporting documents. The form is essential for obtaining a certificate of compliance after tax obligations are met, and it includes details on vendor information, property descriptions, exemptions, and authorization for representatives.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to modify A non-resident disposing of taxable Canadian property in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Working on documents with our feature-rich and intuitive PDF editor is simple. Make the steps below to fill out A non-resident disposing of taxable Canadian property online quickly and easily:

Sign in to your account. Log in with your email and password or create a free account to test the service before choosing the subscription.
Upload a document. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit A non-resident disposing of taxable Canadian property. Effortlessly add and underline text, insert pictures, checkmarks, and symbols, drop new fillable areas, and rearrange or remove pages from your document.
Get the A non-resident disposing of taxable Canadian property accomplished. Download your modified document, export it to the cloud, print it from the editor, or share it with other people using a Shareable link or as an email attachment.

Benefit from DocHub, one of the most easy-to-use editors to quickly manage your documentation online!

See more A non-resident disposing of taxable Canadian property versions

We've got more versions of the A non-resident disposing of taxable Canadian property form. Select the right A non-resident disposing of taxable Canadian property version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2021	4.2 Satisfied (21 Votes)
2018	4.9 Satisfied (30 Votes)
2008	4.4 Satisfied (179 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I report sale of Canadian property on a US tax return?

Tax forms associated with selling a foreign property Form 8949 Sales and Other Dispositions of Capital Assets Anyone who sells a house, gifted or not, must file Form 8949 (2) and report any capital gains. Schedule D (3)

How is non-resident inheritance of Canadian real estate taxed?

In addition, when a non-resident of Canada receives an inheritance, the executor will usually hold 25 per cent as a withholding tax before distributing funds to the non-resident. The Canadian beneficiaries must deposit the 25 per cent to the CRA by the 15th month after the inheritance is given.

Do US citizens pay capital gains tax in Canada?

Current Law. A U.S. citizen resident in Canada is subject to both U.S. federal income tax and Canadian on their worldwide income. In 2023, Canadian tax law stated that the maximum capital gains tax rate was 24% (Alberta residents) or 26.75% (British Columbia). Other provinces have similar rates.

Are non-residents taxed on capital gains in Canada?

Capital gain distributions (or dividends) and return of capital Distributions of capital gains, capital gains dividends or a return of capital from Canadian mutual funds are generally exempt from Canadian non-resident withholding tax.

How to avoid capital gains tax when selling property in Canada?

The following are some of the most popular: Exemption for Principal Residences. Make a Gift or Inherited Property Your Principal Residence. Incorporate Your Rental Property Business. Put Your Earnings in a Tax Shelter. Make Use of the Capital Gains Reserve. Capital Losses Offset. Carry Forward Your Losses.

Do I need to file a Canadian tax return as a non-resident?

As a non-resident of Canada, you are subject to Canadian income tax on most Canadian-source income paid or credited to you during the year unless all or part of it is exempt under a tax treaty.

Do non-residents pay capital gains tax on property sold in Canada?

Non-residents are required to file a non-resident Form T1, Individual Income Tax Return by April 30 of the year following the year of property disposition. The tax return calculates tax at marginal tax rates on the taxable capital gain.

What happens when an American sells property in Canada?

Sale of Canadian Real Estate: Capital gains realized by a U.S. person on the sale of any Canadian real property interest, regardless if it has been rented, will attract Canadian and US tax. One-half of capital gains are subject to Canadian tax for all investors.

A non-resident disposing of taxable Canadian property 2025

Here's how it works

How to modify A non-resident disposing of taxable Canadian property in PDF format online

See more A non-resident disposing of taxable Canadian property versions

Complete this form in 5 minutes or less

Got questions?

How do I report sale of Canadian property on a US tax return?

How is non-resident inheritance of Canadian real estate taxed?

Do US citizens pay capital gains tax in Canada?

Are non-residents taxed on capital gains in Canada?

How to avoid capital gains tax when selling property in Canada?

Complete this form in 5 minutes or less

People also ask

Do I need to file a Canadian tax return as a non-resident?

Do non-residents pay capital gains tax on property sold in Canada?

What happens when an American sells property in Canada?

Related links

Try more PDF tools

A non-resident disposing of taxable Canadian property 2025

Here's how it works

How to modify A non-resident disposing of taxable Canadian property in PDF format online

See more A non-resident disposing of taxable Canadian property versions

Complete this form in 5 minutes or less

Got questions?

How do I report sale of Canadian property on a US tax return?

How is non-resident inheritance of Canadian real estate taxed?

Do US citizens pay capital gains tax in Canada?

Are non-residents taxed on capital gains in Canada?

How to avoid capital gains tax when selling property in Canada?

Related Searches

Related forms

Complete this form in 5 minutes or less

People also ask

Do I need to file a Canadian tax return as a non-resident?

Do non-residents pay capital gains tax on property sold in Canada?

What happens when an American sells property in Canada?

Related links

Try more PDF tools