Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course explores the tax implications when non-residents sell Canadian real estate. Key topics include Section 116 withholding tax, CRA compliance certificates, buyer obligations, T2062 filings, timelines, penalties, and practical tips for advising non-resident clients. CPAs will gain practical knowledge to navigate non-resident real estate sales, avoid costly withholding tax errors, and confidently advise clients on CRA compliance, forms, and timelines—an increasingly common issue in today’s global property market.
Key Takeaways
By the end of this course, participants will be able to:
- Understand the Canadian tax implications of real estate dispositions by non-residents.
- Navigate CRA forms T2062 and T2062A and related deadlines
- Identify the relevant withholding tax requirements under section 116 of the Income Tax Act.
- Distinguish between the roles and responsibilities of sellers, buyers, and representatives.
- Navigate CRA forms, timelines, and penalties related to withholding tax compliance.
- Apply the concepts to practical client scenarios and communicate effectively with non-resident clients and their advisors.
Who Will Benefit
CPAs with limited or no experience in cross-border real estate tax issues. CPA practitioners that are representing non-residents who own a Canadian real estate. Other professionals such as real estate agents, lawyers, or financial advisors who are advising US residents & foreign buyers to invest or sell Canadian real estate.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
If available, course materials can be accessed 2 business days prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Affan Khalid has over 15 years of public experience and provides international tax advice to Canadian and foreign-based multi-nationals with a focus on inbound and outbound tax planning and structuring, including financing structures, acquisitions and dispositions, tax due diligence, reorganizations, and repatriation strategies. He obtained his BBA from the University of Toronto and has completed the in-depth international course and in-depth tax program.