Individual Tax

U.S. and Canadian tax, prepared and planned together.

CLEARANCE CERT. California & Florida

T2062 & T2062A

Clearance certificate applications for non-residents selling Canadian real property.

Common question

Why does my lawyer say 25% (or more) of my sale price will be withheld?

Without a clearance certificate, Canadian law requires the buyer to withhold a percentage of the gross sale price from a non-resident seller. Applying for the certificate before closing — or promptly after — is what gets that withholding reduced or refunded.

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