Form NR6 Undertaking to File an Income Tax Return by a Non-resident Receiving Rent From Real or Immovable Property or Receiving a Timber Royalty - Canada

Form NR6 is an undertaking that allows non-residents of Canada who receive rental income or timber royalties from Canadian real estate to have their tax withheld at a reduced rate. By filing this form, the non-resident can declare their expected annual income and claim any applicable deductions or exemptions. This helps to ensure that they are not over-taxed on their Canadian income.

The non-resident who is receiving rent or timber royalty from real or immovable property in Canada is required to file the Form NR6 Undertaking to File an Income Tax Return.

FAQ

Q: Who is required to file Form NR6?
A: Non-resident individuals receiving rent from real or immovable property or receiving a timber royalty in Canada.

Q: What is Form NR6?
A: Form NR6 is an undertaking to file an income tax return by a non-resident.

Q: What is the purpose of Form NR6?
A: The purpose of Form NR6 is to allow non-resident individuals to report rental income from Canadian real or immovable property or timber royalty income.

Q: When should Form NR6 be filed?
A: Form NR6 should be filed on or before the first day of the calendar year to which it applies.

Q: Are there any penalties for non-compliance with Form NR6?
A: Yes, there may be penalties for failure to file Form NR6 or for providing false or misleading information.