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Rents paid to non-residents are subject to a 25% withholding tax on the “gross rents”, which is required to be withheld and remitted to Canada Revenue Agency (“CRA”) by the payer (i.e. the Canadian agent of the non-resident, or if there is no agent, the renter of the property) each time rental receipts are paid or credited to the ...
Canada Revenue Agency collects personal income taxes for agreeing provinces/territories and remits the revenues to the respective governments. The provincial/territorial tax forms are distributed with the federal tax forms, and the taxpayer need make only one payment—to CRA—for both types of tax.
The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes , administers tax law and policy , and delivers benefit programs and tax credits. [ 4 ]
Real estate industry trade groups based in Canada (19 P) Pages in category "Real estate in Canada" The following 22 pages are in this category, out of 22 total.
If any owner or real estate agent sells land or a residence near one of these sites to foreign nationals covered by the measure, they face fines if convicted from $500 to $15,000.
The British Columbia Real Estate Association (BCREA) is a Canadian provincial member-based organization which represents 11 member real estate boards and their approximately 23,000 real estate agents on provincial issues. Their office is located in Vancouver.
Purplebricks employs local Realtors who know the local real estate market. These Realtors provide clients with a home evaluation that includes pricing recommendations based on current market analysis of their local area. Clients pay a fee to list their home with Purplebricks rather than a commission based on the home’s value.
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