🏢 Non Resident Tax Advice and Planning in Downtown Toronto
Welcome to Toronto Tax Consulting – Your Non-Resident Tax Experts
Are you a non-resident of Canada with Canadian tax obligations? Or a Canadian expatriate living abroad with complex cross-border tax issues?
At Toronto Tax Consulting, we specialize in Non-Resident Tax Advice and Planning.
With over 20 years of expertise in Canadian, U.S., and international tax laws, our firm provides strategic, compliant, and cost-effective solutions to minimize your tax exposure while ensuring full compliance with the CRA, IRS, and other global tax authorities.
📍 Our Downtown Toronto Offices – Conveniently Located to Serve You
Non Resident Tax Advice and Planning in Downtown Toronto
We have four strategic locations in Toronto to meet with international and non-resident clients visiting Canada:
- 🏢 1 Dundas Street West, Suite 2500, Toronto (Downtown Core – Yonge & Dundas)
- 🏢 2 Bloor Street West, Suite 700, Toronto (Yorkville – Yonge & Bloor)
- 🏢 2 St. Clair Avenue West, 18th Floor, Toronto (Midtown – Yonge & St. Clair)
- 🏢 401 Bay Street, 16th Floor, Toronto (Financial District)
Whether you are in Toronto temporarily or managing tax affairs from abroad, we make it easy to work with us through in-person meetings, secure virtual consultations, and global document exchange.
📞 Take the Next Step – Contact Us Today
Non Resident Tax Advice and Planning in Downtown Toronto
Getting the right advice early can save you thousands in taxes and penalties.
We have helped hundreds of non-residents reduce withholding tax, recover overpayments, and avoid costly mistakes in dealing with CRA and IRS.
✅ Call Us Now: (416) 628-7824 Ext. 2
✅ Email Us: info@torontotaxconsulting.com
💡 Book your consultation today and let us develop a customized tax strategy for your unique situation.
👥 Who We Are
Non Resident Tax Advice and Planning in Downtown Toronto
Toronto Tax Consulting is a leading international tax advisory firm located in the heart of Downtown Toronto.
We are recognized for:
- Specialization in Non-Resident & Cross-Border Tax
- In-depth knowledge of CRA rules and tax treaties
- Representation before CRA & IRS on behalf of non-residents
- Serving clients in 40+ countries (G20, EU, Asia-Pacific)
💼 What We Do
Non Resident Tax Advice and Planning in Downtown Toronto
We provide end-to-end tax advisory services for non-residents, covering:
- Residency Determination (CRA & treaty tie-breaker analysis)
- Departure Tax Planning and T1 Departure Returns
- Non-Resident Property Sales (T2062 / T2062A Compliance)
- Rental Property Income Reporting (NR6, Section 216)
- Non-Resident Trust & Estate Planning
- Cross-Border U.S. Tax Compliance
- Global Tax Structuring & Treaty Optimization
🛠️ Our Services – Non Resident Tax Advice and Planning in Downtown Toronto
👤 Personal Non-Resident Tax Services
Non Resident Tax Advice and Planning in Downtown Toronto
- Determining tax residency status under CRA and treaties
- T1-NR Non-Resident Canadian Tax Returns
- Departure tax and Form T1243/T1161 filings
- Withholding tax reduction on pensions, dividends, and royalties
- Section 217 elections for pension income
- Non-resident rental property compliance (NR6, Section 216)
- Recovery of overpaid Canadian tax
- Advisory on foreign tax credits and treaty tie-breakers
- Filing NR4 slips for Canadian income paid to non-residents
🏢 Corporate Non-Resident Tax Services
Non Resident Tax Advice and Planning in Downtown Toronto
- T2 corporate filings for non-resident corporations
- Permanent establishment (PE) determination in Canada
- Withholding obligations on payments to non-resident entities
- GST/HST registration for foreign businesses in Canada
- Structuring for branch vs. subsidiary taxation
- Non-resident corporation capital gains on Canadian assets
- Treaty-based planning to reduce withholding taxes
- NR303 filings for non-resident corporate taxes
- Transfer pricing compliance for cross-border entities
🏛️ Trust and Estate Non-Resident Tax Services
Non Resident Tax Advice and Planning in Downtown Toronto
- T3 trust filings for non-resident trusts with Canadian income
- Taxation of foreign trusts with Canadian beneficiaries
- Estate planning for non-resident executors
- CRA clearance for estate distributions to non-residents
- Cross-border inheritance tax coordination (U.S., EU)
- Trust residency determination under OECD & CRA rules
- Avoidance of double taxation on estate distributions
- Structuring foreign trusts to minimize Canadian tax exposure
🏠 Real Estate Non-Resident Tax Services
Non Resident Tax Advice and Planning in Downtown Toronto
- Property sale compliance (T2062 / T2062A, CRA clearance)
- Section 216 returns for rental property income
- NR6 election to pay tax on net rental income
- Structuring property ownership to minimize withholding tax
- Advisory on Underused Housing Tax (UHT) for non-residents
- Capital gains optimization for non-resident property owners
- CRA/IRS reporting for cross-border property investments
- Coordination with FIRPTA for U.S. property owned by Canadians
💹 Investment & Financial Asset Non-Resident Tax Services
Non Resident Tax Advice and Planning in Downtown Toronto
- Tax treaty optimization for cross-border investments
- Planning for Canadian securities owned by non-residents
- Avoidance of double taxation on dividends and capital gains
- T1135 foreign asset reporting for departing residents
- U.S. FATCA & FBAR compliance for Canadians abroad
- Structuring foreign holding companies for tax efficiency
- Tax planning for non-resident cryptocurrency investors
- Non-resident withholding tax reduction on investment income
🔄 Our Service Process
Non Resident Tax Advice and Planning in Downtown Toronto
- Initial Consultation – We analyze your residency status, tax exposure, and compliance gaps.
- Customized Strategy – We design a tax-efficient plan tailored to your global assets.
- Compliance Execution – We handle filings, CRA/IRS negotiations, and clearance certificates.
- Ongoing Planning – We monitor changes in treaties, laws, and your residency to optimize tax outcomes.
💰 Our Fee Structure
Non Resident Tax Advice and Planning in Downtown Toronto
We provide transparent and value-driven pricing:
- Initial Consultation: CAD $750
- Non-Resident Property Sale (T2062, CRA Clearance): From CAD $2,500
- Section 216 Rental Filing: From CAD $2500per year
- Cross-Border U.S. Compliance: From CAD $2,500 per return
- Complex International Tax Planning: Quote upon request
🏆 Client Success Stories
Non Resident Tax Advice and Planning in Downtown Toronto
- Canadian selling Toronto condo while living in Spain – Reduced CRA withholding tax by $35,000 through proper T2062 planning.
- U.S. citizen renting out Canadian cottage – Used Section 216 election to recover $12,000 in excess taxes withheld.
- Canadian emigrant to Australia – Avoided double taxation on investments by applying treaty tie-breaker and re-sourcing income.
- Non-resident estate with Canadian assets – Implemented tax-efficient distribution, saving $90,000 in combined taxes.
Non Resident Tax Advice and Planning in Downtown Toronto
Non Resident Tax Advice and Planning in Downtown Toronto
📄 Forms Associated with Non-Resident Tax
Non Resident Tax Advice and Planning in Downtown Toronto
🇨🇦 Canada – Non-Resident Tax Forms
Non Resident Tax Advice and Planning in Downtown Toronto
| Form | Purpose | Notes / When Used |
|---|---|---|
| T1-NR | Non-Resident Income Tax Return | Filed by non-residents with Canadian-source income (employment, rental, pension). |
| T2062 / T2062A | Request for Certificate of Compliance for Disposition of Canadian Property | Reduces 25% withholding on property sale by calculating actual capital gain. |
| T2062B | Clearance Certificate for Distribution from Non-Resident Trust | Used when a non-resident trust disposes of taxable Canadian property. |
| T2062C | Clearance Certificate – Distribution to Non-Resident Beneficiaries | Required for non-resident beneficiaries of Canadian estates/trusts. |
| NR4 | Statement of Amounts Paid or Credited to Non-Residents | Issued by payers of pensions, dividends, and other Canadian income to non-residents. |
| NR6 | Undertaking to File a Section 216 Return | Allows tax on net rental income instead of gross withholding. |
| NR7-R | Application for Refund of Part XIII Tax | Used to claim refund of excess withholding tax under treaty rules. |
| T1243 | Deemed Disposition of Property by an Emigrant of Canada | Reports capital gains triggered by departure tax. |
| T1161 | List of Properties by an Emigrant of Canada | Must be filed when emigrating if worldwide assets exceed CAD $25,000. |
| T2091(IND) | Designation of Property as a Principal Residence by an Individual | For non-residents selling former Canadian principal residences. |
| T2092 | Designation of Multiple Properties as a Principal Residence | For complex situations where multiple properties were owned. |
| T3 | Trust Income Tax and Information Return | Filed for non-resident trusts earning Canadian-source income. |
| T3GR | Group Income Tax Return for Non-Resident Trusts | For certain qualifying non-resident group trusts. |
| T3010 | Registered Charity Information Return | Rare for non-residents but required if the entity is a registered charity with Canadian activities. |
| T2022 | Election for Non-Resident Partnerships | Elective filing for partnerships with Canadian-source income. |
| RC1 | Request for a Business Number (BN) | Required when non-resident businesses have payroll, GST/HST, or corporate tax obligations in Canada. |
| GST34 | GST/HST Return | Non-resident entities providing taxable supplies in Canada may need to file. |
| RC1-NA | Non-Resident Account Request | Used to open a non-resident account with CRA for withholding tax purposes. |
| T2060 | Election to Defer Capital Gains on Transfers to Non-Resident Trust | Rare but applicable in advanced tax planning. |
| NR303 | Non-Resident Corporation Tax Return | Filed by corporations deemed to have Canadian-source business income. |
🇺🇸 United States – Non-Resident Tax Forms
Non Resident Tax Advice and Planning in Downtown Toronto
| Form | Purpose | Notes / When Used |
|---|---|---|
| 1040NR | U.S. Nonresident Alien Income Tax Return | Required for non-residents earning U.S.-source income or disposing of U.S. property. |
| W-8BEN | Certificate of Foreign Status of Beneficial Owner | Used by individuals to claim treaty benefits on U.S. income. |
| W-8BEN-E | Certificate of Status of Beneficial Owner (Entities) | Similar to W-8BEN but for non-resident entities. |
| W-8ECI | Certificate of Foreign Person Claiming Income Effectively Connected with U.S. Trade/Business | Reduces withholding where income is effectively connected. |
| W-8IMY | Certificate for Intermediaries | Used by foreign intermediaries to pass on treaty benefits to beneficial owners. |
| 8288 | U.S. Withholding Tax Return for Dispositions by Foreign Persons of U.S. Real Property Interests | Required for FIRPTA compliance. |
| 8288-A | Statement of Withholding Under FIRPTA | Issued to foreign sellers showing FIRPTA tax withheld. |
| 8288-B | Application for Withholding Certificate | Used to request a reduced FIRPTA withholding before property sale closing. |
| 706-NA | U.S. Estate Tax Return for Nonresident Aliens | Filed for estates of non-residents with U.S. assets exceeding exemptions. |
| 709 | U.S. Gift Tax Return | Applies to gifts of U.S. property made by non-resident aliens. |
| 3520 | Annual Return to Report Transactions with Foreign Trusts | Filed by U.S. persons but often involves non-resident trustees or beneficiaries. |
| 3520-A | Annual Information Return of Foreign Trust | Required for foreign trusts with U.S. owners. |
| 5471 | Information Return of U.S. Persons with Respect to Certain Foreign Corporations | Relevant where non-resident entities own shares in U.S. corporations. |
| 5472 | Information Return for Foreign-Owned U.S. Corporations | Required for reporting transactions between U.S. corporations and foreign owners. |
| FBAR (FinCEN 114) | Report of Foreign Bank and Financial Accounts | Must be filed if U.S. persons have foreign accounts > USD $10,000; sometimes relevant to dual residents. |
| 8938 | Statement of Specified Foreign Financial Assets | FATCA reporting for U.S. persons with foreign assets. |
| 1042 | Annual Withholding Tax Return for U.S. Source Income of Foreign Persons | Used by withholding agents paying U.S. income to non-residents. |
| 1042-S | Foreign Person’s U.S. Source Income Subject to Withholding | Statement issued to non-residents receiving U.S. income. |
| 1120-F | U.S. Income Tax Return of a Foreign Corporation | Filed by non-resident corporations with U.S. business activities. |
| 8804 / 8805 | U.S. Partnership Withholding Tax Forms | For non-residents earning income from U.S. partnerships. |
| 6166 | Certification of U.S. Tax Residency | Used in treaty claims and cross-border tax planning. |
FAQ – Non Resident Tax Advice and Planning in Downtown Toronto
Residency & Tax Status
Non Resident Tax Advice and Planning in Downtown Toronto
- What is a non-resident for Canadian tax purposes?
A non-resident is someone who does not have primary or significant residential ties to Canada and resides outside Canada for most of the year. CRA uses residency factors and tax treaties to determine status. - How does CRA determine tax residency?
CRA considers residential ties (home, spouse, dependents), secondary ties (bank accounts, memberships), and treaty rules to classify you as a resident, factual resident, deemed resident, or non-resident. - What is a deemed non-resident?
A deemed non-resident is someone who meets Canadian residency rules but is considered a resident of another country under a tax treaty. - Do I have to file a Canadian return if I am a non-resident?
Yes, if you earn Canadian-source income (rent, pension, dividends, property sale). You may also file to recover excess withholding tax. - What is departure tax in Canada?
Departure tax applies when you emigrate from Canada. You are deemed to dispose of certain assets at fair market value and must report capital gains.
Property Sales
Non Resident Tax Advice and Planning in Downtown Toronto
- Do non-residents pay tax on selling Canadian property?
Yes. Non-residents must withhold 25% of the gross sale price unless a T2062 clearance certificate is obtained to reduce withholding. - What is Form T2062?
Form T2062 is a request to the CRA for a Certificate of Compliance to reduce withholding on property sales. - What happens if I don’t file T2062?
CRA requires the buyer to withhold 25% of the full sale price. Failure to file can result in penalties and interest. - Can I recover withheld tax after selling Canadian property?
Yes. You can file a Section 116 return to claim a refund for excess tax withheld. - Do non-residents pay GST/HST on property sales?
Generally, GST/HST does not apply to resale residential property, but may apply to new homes or commercial properties.
Rental Income
Non Resident Tax Advice and Planning in Downtown Toronto
- How are non-residents taxed on Canadian rental income?
CRA requires a 25% withholding on gross rents unless you file NR6 and a Section 216 return to be taxed on net rental income. - What is the NR6 form?
NR6 allows non-residents to elect to pay tax on net rental income instead of gross rents. - Do I need a Canadian bank account to receive rental income?
Not required, but recommended for easier CRA transactions. - Can I claim expenses on rental property as a non-resident?
Yes, with a Section 216 return, you can deduct mortgage interest, property tax, insurance, repairs, and management fees. - Do I need to file a return if tax was already withheld by the property manager?
Yes, filing can recover overpaid withholding tax.
Cross-Border U.S. Tax Issues
Non Resident Tax Advice and Planning in Downtown Toronto
- Do Canadian non-residents have to file U.S. tax returns?
Yes, if you earn U.S.-source income or own U.S. real estate, you may need to file 1040NR and pay U.S. taxes. - What is FIRPTA withholding for U.S. property sales?
FIRPTA requires 15% withholding on the sale price of U.S. property owned by non-residents unless reduced with Form 8288-B. - Can I avoid double taxation between Canada and the U.S.?
Yes, under the Canada-U.S. Tax Treaty, you can claim foreign tax credits or treaty exemptions. - What if I failed to file U.S. returns as a non-resident?
You may use IRS Streamlined Filing Compliance to avoid penalties and become compliant. - Do non-residents pay U.S. estate tax?
Yes, U.S. estate tax applies to U.S. assets owned by non-residents, but treaties may reduce exposure.
Non-Resident Trust & Estate Planning
Non Resident Tax Advice and Planning in Downtown Toronto
- How are non-resident trusts taxed in Canada?
Non-resident trusts may still have Canadian filing obligations if they have Canadian-source income or Canadian-resident beneficiaries. - Can a non-resident be an executor of a Canadian estate?
Yes, but may face withholding obligations, bonding requirements, and CRA clearance issues. - Do non-resident beneficiaries pay Canadian tax on inheritances?
Generally no, but capital gains and withholding tax may apply on estate distributions of Canadian-source income. - Can a Canadian trust distribute to non-residents without tax?
Distributions may trigger withholding tax; treaty relief may apply. - Can I use a foreign trust to avoid Canadian tax?
CRA has anti-avoidance rules; proper structuring and treaty compliance is essential.
Business & Corporate Non-Residents
Non Resident Tax Advice and Planning in Downtown Toronto
- Do non-resident corporations pay Canadian tax?
Yes, if they have a permanent establishment in Canada or earn Canadian-source income. - What forms do non-resident corporations file?
Typically T2 returns, NR303, and may need GST/HST registration. - Do non-resident businesses need to withhold tax on payments to Canadians?
Yes, on certain interest, dividends, royalties, unless a treaty reduces the rate. - How does the CRA tax digital services from non-residents?
Non-resident digital service providers may need to register for GST/HST under new e-commerce rules. - Do U.S. LLCs face Canadian tax when renting property?
Yes, CRA treats LLCs as corporations for Canadian tax purposes unless treaty relief applies.
Compliance & Penalties
Non Resident Tax Advice and Planning in Downtown Toronto
- What are the penalties for late non-resident filings?
CRA charges 5% of the balance owing plus 1% per month, up to 12 months. IRS penalties may also apply for cross-border cases. - What if I don’t declare Canadian rental income?
CRA can assess tax, penalties, and interest and may deny treaty benefits. - Can CRA audit non-residents?
Yes. CRA audits non-residents regularly, especially for real estate and rental income. - Can CRA seize funds from non-residents?
Yes, through withholding agents, property liens, or treaty-assisted collection. - How long does CRA keep non-resident tax records?
Generally six years from the end of the tax year, but audits may extend this period.
Practical Questions
Non Resident Tax Advice and Planning in Downtown Toronto
- Can I file Canadian taxes from abroad?
Yes, returns can be filed electronically or via mail from any country. - Do I need a Canadian tax number as a non-resident?
Yes, obtain an ITN or NR account to file. - Can I use a foreign accountant to file Canadian non-resident taxes?
Yes, but they must understand CRA rules and treaty provisions. - How long does it take to get a T2062 clearance certificate?
Typically 6–12 weeks, but delays occur if documentation is incomplete. - Can I recover taxes withheld on Canadian pensions as a non-resident?
Yes, by applying for a treaty-based refund.
Special Scenarios
Non Resident Tax Advice and Planning in Downtown Toronto
- What if I rent property through Airbnb as a non-resident?
You must report income, and withholding tax may apply. - How does the Underused Housing Tax affect non-residents?
Non-residents owning Canadian residential property may face 1% annual tax unless exempt. - Do non-residents pay capital gains on Canadian stocks?
Generally no, unless shares derive more than 50% value from Canadian real estate. - Do non-residents pay withholding on dividends?
Yes, 25%, unless reduced by a treaty. - What if I sold Canadian property while moving to a third country?
CRA treats you as a non-resident; T2062 is still required.
How We Help
Non Resident Tax Advice and Planning in Downtown Toronto
- Why hire Toronto Tax Consulting for non-resident tax?
We provide strategic planning, CRA/IRS representation, and maximize treaty benefits to minimize tax. - Can you help with CRA audits for non-residents?
Yes, we have successfully defended many non-resident audits. - Do you assist with both Canadian and U.S. filings?
Yes, we specialize in cross-border compliance for both jurisdictions. - Can you help recover overpaid withholding taxes?
Yes, we regularly file refund claims and Section 216 elections to recover excess taxes. - How do I start?
📞 Call (416) 628-7824 Ext. 2 or 📧 info@torontotaxconsulting.com to schedule a consultation.
Our Locations
Non Resident Tax Advice and Planning in Downtown Toronto
🇨🇦Canadian Offices
| Downtown Toronto (Bay & Queen) Toronto Tax Consulting 📍401 Bay St, Suite 1600 Toronto, ON M5H 2Y4 📞 416-628-7824 Ext.2 | Downtown Toronto (Yonge & Dundas) Toronto Tax Consulting 📍1 Dundas St W, Suite 2500 Toronto, ON M5G 1Z3 📞 416-628-7824 Ext.2 |
| Downtown Toronto International Tax Advisor Office 📍161 Bay St, 27th Floor Toronto, ON M5J 2S1 📞 1-800-693-5950 | Midtown Toronto (Yonge & St.Clair) Toronto Tax Consulting 📍2 St. Clair Ave W, 18th Floor Toronto, ON M4V 1L5 📞 (647) 951-2348 Ext.2 |
| Downtown Toronto (Yonge & Bloor) Toronto Tax Consulting 📍2 Bloor Street West, Suite 700 Toronto, ON M4W 3E2 📞 (647) 951-2013 Ext.2 | Etobicoke, ON Etobicoke Tax Consulting 📍3250 Bloor St W, Suite 600 East Tower Etobicoke, ON M8X 2X9 📞 1-800-717-4162 Ext.2 |
| North York, ON (Yonge & Sheppard) North York Tax Consulting 📍4711 Yonge St, 10th Floor Toronto, ON M2N 6K8 📞 416-628-7824 | Mississauga, ON (Square One) Mississauga Tax Consulting 📍4 Robert Speck Parkway, Suite 1500 Mississauga, ON L4Z 1S1 📞 1-888-905-7577 |
| Oakville, ON Toronto Tax Consulting 📍2010 Winston Park Dr, Suite 200 Oakville, ON L6H 5R7 📞 1-888-905-7577 | Markham, ON Markham Tax Consulting 📍15 Allstate Parkway, Suite 600 Markham, ON L3R 5B4 📞 416-628-7824 |
🇺🇸 U.S. Offices
| New York, NY Toronto Tax Consulting 📍100 Park Avenue, Suite 1600 New York, NY 10017 📞 646-995-5187 | Chicago, IL Toronto Tax Consulting 📍30 S Wacker Dr, Suite 2200 Chicago, IL 60606 📞 1-800-717-4162 |
| Washington, DC Toronto Tax Consulting 📍1200 G St NW, Suite 800 Washington, DC 20005 📞 1-800-693-5950 | Pasadena, CA Toronto Tax Consulting 📍Century Square, 155 N Lake Ave, Suite 800 Pasadena, CA 91101 📞 1-800-693-5950 |
| Miami, FL Toronto Tax Consulting 📍201 South Biscayne Boulevard Miami, FL 33131 📞 1-800-693-5950 |
🇬🇧 European Offices
| London, UK Toronto Tax Consulting 37th Floor, Canary Wharf, 1 Canada Square London, E14 5AA, United Kingdom 📞 +44 20 3885 6292 |
Non Resident Tax Advice and Planning in Downtown Toronto