Section 116 Cra Contact Number

Listing Results Section 116 Cra Contact Number

• 12 Results
• Phone number
• Mobile phone
• Contact us
• Customer Service

All Time (12 Results) Past 24 Hours Past Week Past month

Please leave your comments here:

 

• Contact List Found
• 1. (800) 201-9344
• 2. (800) 959-8281
• 3. 1094 5411 0364
• 4. 1800-9598281
• 5. 800-959-2019
• 6. 800-959-5525
• 7. 800-959-5525
• 8. 800-959-8281
• 9. 800-959-8281
• 10. 800-959-8281
• 11. 800-959-8281
• 12. 800-959-8281

• Filter Type
• All Time
• Past 24 Hours
• Past Week
• Past month

• Frequently Asked Questions

• What is Section 116 of the Canadian tax code?

  Under section 116, non‑resident vendors (from now on referred to as vendors) who dispose of certain taxable Canadian property (see paragraph 2 below) have to notify the Canada Revenue Agency (CRA) about the disposition either before they dispose of the property or within ten days after the disposition.

• How do I notify CRA about a section 116 disposition?

  A vendor should use the appropriate authorized form to notify the CRA about a section 116 disposition. The forms outline the procedures to follow for reporting the transaction, calculating the gain or loss, income, recapture or terminal loss, and making the required payment on account of tax.

• Does Section 116 apply to non-residents?

  As noted previously, section 116 does not apply where a non-resident disposes of property that is excluded property of the non-resident at the time of the disposition. 5 On or after January 1, 2009, such property includes a property that is a treaty-exempt property of the non-resident. 6

• When does Section 116 of the Consumer Protection Act apply?

  Section 116 applies when the vendor is a non‑resident or considered to be a non‑resident under the Act (e.g., subsection 250 (5) Deemed non‑resident ).