Form T1288 Application by a Non-resident of Canada (Corporation) for a Reduction in the Amount of Non-resident Tax Required to Be Withheld on Income Earned From Acting in a Film or Video Production - Canada

Form T1288 Application by a Non-resident of Canada (Corporation) for a Reduction in the Amount of Non-resident Tax Required to Be Withheld on Income Earned From Acting in a Film or Video Production - Canada is used by non-resident corporations in Canada to apply for a reduction in the amount of non-resident tax that is required to be withheld on income earned from acting in a film or video production in Canada.

The form T1288 Application by a Non-resident of Canada (Corporation) for a Reduction in the Amount of Non-resident Tax Required to Be Withheld on Income Earned from Acting in a Film or Video Production in Canada is filed by the non-resident corporation itself.

FAQ

Q: What is Form T1288?
A: Form T1288 is an application by a non-resident of Canada (corporation) to request a reduction in the amount of non-resident tax to be withheld on income earned from acting in a film or video production in Canada.

Q: Who can use Form T1288?
A: Non-resident corporations that earn income from acting in a film or video production in Canada can use Form T1288.

Q: What is the purpose of Form T1288?
A: The purpose of Form T1288 is to apply for a reduction in the amount of non-resident tax required to be withheld on income earned from acting in a film or video production in Canada.

Q: Is Form T1288 mandatory?
A: Form T1288 is not mandatory, but it is recommended to use it if a non-resident corporation wants to request a reduction in the amount of non-resident tax withheld on their income from acting in a film or video production in Canada.

Q: Are there any filing deadlines for Form T1288?
A: There are no specific filing deadlines for Form T1288, but it is recommended to submit the application before the payment is made to ensure the reduced tax withholding amount is applied.

Q: What supporting documents are required with Form T1288?
A: The specific supporting documents required with Form T1288 may vary depending on the circumstances. It is recommended to refer to the instructions provided with the form or consult the CRA for guidance.

Q: How long does it take to process Form T1288?
A: The processing time for Form T1288 can vary. It is recommended to submit the application well in advance to allow sufficient time for processing by the CRA.

Q: Can I get a refund if too much tax was withheld?
A: If an overpayment of non-resident tax occurs due to the reduced withholding amount requested on Form T1288, a refund may be available upon filing a Canadian income tax return.

Q: Are there any penalties for not filing Form T1288?
A: There are no specific penalties for not filing Form T1288, but failing to do so may result in the non-resident corporation being subject to the full non-resident tax withholding rate on their income from acting in a film or video production in Canada.

Q: Can I appeal if my Form T1288 application is denied?
A: If Form T1288 application is denied, non-resident corporation can contact the CRA to discuss the reasons for denial and explore possible options, including filing an appeal if necessary.