Service Details

T2062 Clearance Certificate

Professional help with T2062 clearance certificate applications for non residents selling Canadian property.

Service Overview

A T2062 clearance certificate is one of the most important tax steps for a non resident selling Canadian property. Without the right filing and documentation, a significant portion of the sale proceeds may be withheld until the CRA reviews the transaction.

Proficiency Tax helps non resident sellers prepare and manage the T2062 process with careful attention to deadlines, adjusted cost base, supporting records, and CRA correspondence. We help reduce confusion for sellers, realtors, lawyers, and buyers involved in the transaction.

Our goal is to help you move through the sale process with confidence. We organize the tax information, prepare the application, explain the required documents, and stay involved until the CRA process is complete.

Our Approach

A clear T2062 process from transaction review to CRA certificate completion.

Transaction Review

We review the property sale, closing date, ownership history, and residency details.

Document Preparation

We help gather purchase records, sale documents, improvement costs, and other support for the application.

CRA Application Support

We prepare the filing and help manage communication with the CRA.

Closing Coordination

We help clarify tax requirements so your closing team understands what is needed.

Key Benefits

Organized support for non resident property sellers through the T2062 process.

Support for non resident property sellers before and after closing.
Guidance on adjusted cost base and supporting documents.
Clear explanation of withholding and CRA certificate requirements.
Remote service for sellers living outside Canada.

Popular Questions

Answers to common questions about T2062 clearance certificates for non residents.

Who needs a T2062 clearance certificate?
Non residents who dispose of certain Canadian property often need to notify the CRA and apply for a certificate of compliance.
What happens if I do not apply for T2062?
A large withholding amount may apply and the buyer may also face risk. It is best to address the requirement before or soon after closing.
How long does the T2062 process take?
Timelines vary based on CRA processing, document quality, and transaction complexity. Starting early is important.
Can you work with my lawyer or realtor?
Yes. We can help coordinate tax information with the professionals involved in the property sale.

Why Choose Proficiency Tax

Bilingual English and French support
Secure client portal for documents
Ottawa based and Canada wide service
Clear guidance for complex tax matters

Need Help With a Tax Matter?

Speak with Proficiency Tax for clear guidance on personal, corporate, non resident, and CRA tax matters.

Email Us: [email protected]