Downtown Toronto Non Resident Tax Return Preparation
Downtown Toronto Non Resident Tax Return Preparation assists:
- Deemed Canadian residents
- Foreign owners of Canadian rental properties
- Non-resident purchasers or sellers of Canadian real property
- Expatriate foreign executives and employees working in Canada
- Professionals or consultants earning fees for services rendered in Canada
- Non-resident shareholders of Canadian corporations
- Individuals leaving or entering Canada
- Foreign individuals or corporations carrying on business activities in Canada
- Foreign corporations with subsidiary corporations in Canada
- Foreign individuals with residential ties in Canada
- Partnerships with non-resident partners
- Non-resident trusts with Canadian resident contributors and/or Canadian resident beneficiaries
Downtown Toronto Tax Return Preparation Locations:
Downtown Toronto Central Location (Yonge & Richmond)
151 Yonge St
11th Floor
Toronto ON M5C 2W7
Downtown Toronto North Location (Yonge & Bloor)
2 Bloor St W
Suite 700
Toronto ON M4W 3E2
Downtown Toronto East Location (Queen and Church)
111 Queen Street East
South Building
Suite 450
Toronto ON M5C 1S1
Downtown Toronto West Location (University and Dundas)
439 University Ave
5th Floor
Toronto ON M5G 1Y8
Downtown Toronto South Location (Bay St and Queens Quay)
88 Queens Quay West
RBC Water Park Place
Suite 2500
Toronto ON M5J 0B8
Downtown Toronto Return Preparation (King St and Spadina Ave)
500 King St W
Suite 300
Toronto ON M5V 1L9
Downtown Toronto Tax Return Preparation (Yonge and Dundas) – Eaton Centre
1 Dundas St W
Suite 2500
Toronto ON M5G 1Z3
Downtown Toronto Tax Return Preparation (Yonge and St Clair)
2 St. Clair Ave West
18th Floor
Toronto ON M4V 1L5
Downtown Toronto Tax Return Preparation (Yonge and Davisville)
1920 Yonge Street
Suite 200
Toronto ON M4S 3E2
Downtown Toronto Non Resident Tax Return Preparation and Non-Resident Tax Services
For tax purposes, you are considered a non-resident if you permanently live outside of Canada and you do not have any residential ties here. However, you may have some tax obligations to attend to and ensure that you are non-resident tax compliant. In order to confirm that you do not have tax obligations, it is recommended that you hire a tax return specialist. The following are some areas in which an experienced tax return specialist is beneficial for non-residents.
Downtown Toronto Non Resident Tax Return Preparation Services:
- Determine residency status of an individual or corporation
- Obtain an Individual Tax Number (ITN) or Non-Resident Tax Account Number (NR) or Business Number (BN) as required
- Open a GST/HST account or payroll account if necessary
- File an NR5 application to have the amount of Non-Resident Tax Withheld Reduced
- File an NR6 form for rental properties to remit non-resident tax based on Net Income and not Gross Rents
- Attain Certificate of Clearance from Canada Revenue Agency
- Support your Canadian Lawyer with non-residency tax matters
- File a Non-Resident Tax Return under Section 116, Section 216, Section 217
- Individual personal tax return preparation
- Corporate tax return preparation
Section 216 & 217 – Downtown Toronto Non Resident Tax Return Preparation
Elective returns, S.216 and S.217: You may not be living in Canada but if you are collecting Canadian dividends, have rental or royalty income, or are collecting a Canadian pension then you have Canadian tax implications to deal with. Our tax experts handle completing S.216 returns for rental income or timber royalties, S.217 returns for Canadian pensions as well as elective returns for the multitude of Canadian income sources for non-residents.
NR6 – withholding tax reduction: We take care of completing the NR6 form for election to have withholding tax deducted on your real property rental income or timber royalties in Canada and work to minimize the amount of taxes levied against your income stream.
Nonresident Canadian tax return preparation: We know the ins and outs of the exhaustive maze of the Canadian tax system. We handle all aspects of your non-resident tax return preparation and filing so that you can breathe easy and relax, wherever in the world you may be.
Immigration/Emigration tax plan: Whether you’re transferring funds and assets into Canada or out there are serious tax issues that you need to be aware of and plan for. Our team of professionals will work with you to customize an entry or exit plan that keeps you compliant and in control of your property.
Downtown Toronto Non Residents Tax Return Preparation Services for Individuals or Business Paying Non-Residents
- Open an NR4 account
- Assist in Non-Resident Tax withholding and remitting requirements
- File the NR4 Slip and Summary Information Return with Canada Revenue Agency
- Attain taxpayer relief for interest and penalties on omitted or late filed returns