Posted on September 20th, 2021 in Domestic Tax

Rental Income of Non-residents: Generous Late-filing Policy

red typewriter with the words "Late-filing Policy" typed in black

The Canada Revenue Agency (CRA) has a generous late-filing policy for filing subsection 216(1) returns that is not publicized. This policy allows you to file a subsection 216(1) income tax return late if you are a non-resident to whom subsection 216(1) of the Income Tax Act applies.

This article, provided by RSM Canada, reviews the late-filing policy and Part XIII tax.

Article written by RSM Canada and referenced with permission as a member of RSM Canada Alliance.