Can-Am CPA Professional Corporation has helped non-resident sellers and cross-border filers recover withholding tax and stay compliant with the CRA since 1975.
Client Stories
“And a new business owner, having just completed my doctoral training, Vijay made filing seamless. He was incredibly knowledgeable and acted as a source of clear information (which was important given the variety of tuition, employment and self-employment ventures I had taken on over the years). I would highly recommend Can-Am CPA Professional Corporation for filing your taxes!”
-Melissa Paniccia
“Need your taxes done? Well - Look no further. Vijay and his team are amazing. I have been doing my yearly tax return with him for the last 3 years. I am extremely happy about their service. They have a great staff with superb customer service and professionalism. They are very flexible and accessible during tax season. I highly recommend them.”
-Philip Sagra
“Great family run business. I’ve been going to them for years. Friendly service and reasonable pricing. I’d recommend their services for anyone in need of basic tax returns to sophisticated accounting services.”
-Joseph Yu
“My family and I have been coming to Can-Am CPA Professional Corporation for over 15 years. Vijay & the team have supported us through a plethora of accounting-related endeavours (personal filings, business filings, family sponsorship credits, etc). We are very pleased with not only the quality of service and financial outcomes, but breadth of knowledge the whole team encompasses. They offer refreshing out-of-the-box solutions to problems with excellent time management skills in managing our accounts. I sincerely appreciate the creativity and organization they bring to this otherwise stressful time of year! I highly recommend Can-Am CPA Professional Corporation and appreciate…”
-Kushbu Loyal
“Had a great experience here. It was my first time filing as my own business and they took the time to answer all my questions and explain every detail. Highly recommend.”
-Octavio Martins-Silva
“Can-Am CPA Professional Corporation has provided income tax service on my behalf to the CRA for over 10 years. Vijay and his team has been very helpful in providing excellence services and identify various tax savings for my wife and I. I recommend their services to anyone that needs income tax or accounting needs.”
-Wayne Yu
“I have been a client with Can-Am CPA Professional Corporation for over 10 years and have had an excellent experience working with Vijay and his associates. They are thorough, knowledgeable, experienced, honest and have helped me navigate through some challenging times. I would highly recommend them to anyone looking for tax and accounting services.”
-Nandini Mulliah
“I have been their client for years and I am very happy with their service. They are very professional, experienced and trustworthy. They are always up to date with CRA rules. I would definitely recommend them.”
-k verma
“Excellent fast and professional service. I would recommend Vijay and the team to all my friends and family.”
-Jaspaul Gavria
“The service from Can -Am CPA Professional Corporation offered me a A - class service. I could not have asked for any better service infact i fail to believe that there could have been a better accounting service out there. Job well done.”
-Omar Cameron
“Great service! Quick, easy, and professional. I would definitely recommend this place!”
-Michelle Costa
The Basics
When a non-resident of Canada sells Canadian real estate, the Income Tax Act requires a portion of the sale price to be withheld and remitted to the Canada Revenue Agency under what’s commonly called the Section 116 rules. Without the right paperwork filed in advance, a buyer’s lawyer may need to hold back 25% (or more) of the gross sale price until the CRA issues clearance. Our team prepares the Section 116 filing, applies for the Certificate of Compliance, and works to reduce that holdback to the actual tax owed rather than the full withholding amount.
The Process
Four steps from first review to refund.
STEP 01
We review your property sale or filing situation and confirm your non-resident status.
STEP 02
We prepare and file the Section 116 request with the CRA before or shortly after closing.
STEP 03
We prepare and file the Section 116 request with the CRA before or shortly after closing.
STEP 04
We file your Canadian non-resident tax return (Section 216/217 as applicable) to close out the file and claim any refund owed.
Who We Help
Selling a Canadian property while living in the US or elsewhere abroad
Canadian rental income being reported from outside Canada
Cross-border tax filing for US citizens or residents with Canadian income or property
Withholding tax recovery after a property sale has already closed
CRA correspondence or compliance questions for non-residents
How We Work With You
We handle your Section 116 application, communicate directly with your real estate lawyer, and file your non-resident return to recover any excess withholding.
Why Can-Am
Serving clients since 1975
Quality service, competitive price
Direct experience with CRA Section 116 filings and non-resident returns
Open, friendly, and responsive; no junior staff hand-offs
Can-Am CPA Professional Corporation is a licensed CPA firm operating in Ontario, Canada. This page provides general information only and is not tax advice; every non-resident tax situation is different, and we recommend a consultation before making filing or withholding decisions.