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Non-Canadian Resident and Collecting Rental Income in Vancouver

Non-Canadian residents who own Canadian real estate and collecting rental income have two ways to deal with the Canadian tax liability. The first method is remit to the CRA, 25% tax on the gross rent collected.  This 25% is due to the CRA on the 15th of the following month the rental income was credited to the non-Canadian resident.  This

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Non Residents with Canadian Rental Income

Many Canadians live abroad but own rental properties in major Canadian cities like Vancouver – mostly because Canadian real estate has become a choice asset to own. The same principles apply to many non-Canadians who are also invested in rental properties here in Canada. Both classes of taxpayers are considered non-residents for Canadian taxation purposes and both are required to

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