West LegalCalgary, AB · April 22, 2026Canadian Non-Residency Withholding Requirements
When a seller is a non-resident of Canada for tax purposes, one issue immediately comes into play that can significantly impact closing: a mandatory withholding requirement. A portion of the purchase price must be withheld unless the seller provides a clearance certificate from the Canada Revenue Agency, and if that step is missed, the buyer… Read More
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