{"id":2514,"date":"2025-07-29T01:44:53","date_gmt":"2025-07-29T01:44:53","guid":{"rendered":"https:\/\/www.torontotaxconsulting.com\/home\/?page_id=2514"},"modified":"2025-07-29T01:52:13","modified_gmt":"2025-07-29T01:52:13","slug":"international-real-estate-tax-advice-and-planning-in-downtown-toronto","status":"publish","type":"page","link":"https:\/\/torontotaxconsulting.com\/home\/international-real-estate-tax-advice-and-planning-in-downtown-toronto\/","title":{"rendered":"International Real Estate Tax Advice and Planning in Downtown Toronto"},"content":{"rendered":"\n<h2 id='\ud83c\udfe2-international-real-estate-tax-advice-and-planning-in-downtown-toronto'  id=\"boomdevs_1\" class=\"wp-block-heading\">\ud83c\udfe2 International Real Estate Tax Advice and Planning in Downtown Toronto<\/h2>\n\n\n\n<h3 id='your-trusted-international-real-estate-tax-advisor-for-g20-eu-cross-border-matters'  id=\"boomdevs_2\" class=\"wp-block-heading\">Your Trusted International Real Estate Tax Advisor for G20 &amp; EU Cross-Border Matters<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccd <strong>Toronto Tax Consulting \u2013 401 Bay Street, Suite 1600 &amp; 1 Dundas St W, Suite 2500, Downtown Toronto<\/strong><br>\ud83d\udcde Tel: (416) 628-7824 Ext. 2 | \ud83d\udce7 Email: <a>info@torontotaxconsulting.com<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='why-you-need-international-real-estate-tax-advice-across-borders'  id=\"boomdevs_3\" class=\"wp-block-heading\">Why You Need International Real Estate Tax Advice Across Borders<\/h2>\n\n\n\n<h5 id='international-real-estate-tax'  id=\"boomdevs_4\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Real estate is one of the most complex asset classes in international tax planning. Whether you are <strong>acquiring property in Portugal, selling an investment flat in London, renting out a villa in France, or inheriting land in Greece<\/strong>, your exposure to tax consequences under <strong>Canadian, foreign, and treaty-based law<\/strong> can be significant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At <strong>Toronto Tax Consulting<\/strong>, we specialize in <strong>Real Estate Tax Advice and Planning Downtown Toronto<\/strong>, with a strong emphasis on <strong>cross-border property ownership, tax filing obligations, and strategic treaty relief<\/strong> under the OECD Model Tax Convention, Canada\u2019s Income Tax Act, and foreign domestic regimes.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83e\udded-our-core-services-in-international-real-estate-tax-planning'  id=\"boomdevs_5\" class=\"wp-block-heading\">\ud83e\udded Our Core Services in International Real Estate Tax Planning<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-1'  id=\"boomdevs_6\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u2705 <strong>International Real Estate Tax Planning (G20 &amp; EU Focus)<\/strong><br>\u2705 <strong>Tax Treaty Application and Relief Strategies<\/strong><br>\u2705 <strong>Rental Income Reporting &amp; Withholding Tax Compliance<\/strong><br>\u2705 <strong>Capital Gains Tax Structuring on Disposition of Foreign Property<\/strong><br>\u2705 <strong>Principal Residence Exemption for Cross-Border Cases<\/strong><br>\u2705 <strong>Foreign Property Inheritance Tax &amp; Estate Planning<\/strong><br>\u2705 <strong>FBAR, FATCA, and Form T1135 (CRA)<\/strong><br>\u2705 <strong>Pre-Immigration &amp; Post-Emigration Real Estate Structuring<\/strong><br>\u2705 <strong>Real Estate Holding Companies \u2013 Domestic and Offshore<\/strong><br>\u2705 <strong>Non-Resident Tax Returns &amp; Withholding Tax Clearance Certificates (NR4, NR6, T2062)<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"275\" height=\"184\" loading=\"lazy\" src=\"https:\/\/i0.wp.com\/www.torontotaxconsulting.com\/home\/wp-content\/uploads\/2025\/07\/International-Real-Estate-Tax-Advice-and-Planning-in-Downtown-Toronto.jpeg?fit=275%2C184&amp;ssl=1\" alt=\"International Real Estate Tax\" class=\"wp-image-2517\" style=\"width:362px;height:auto\"\/><\/figure>\n\n\n\n<h2 id='\ud83e\uddfe-international-real-estate-tax-return-preparation-what-international-tax-returns-we-file'  id=\"boomdevs_7\" class=\"wp-block-heading\">\ud83e\uddfe International Real Estate Tax Return Preparation \u2013 What International Tax Returns We File<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-2'  id=\"boomdevs_8\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcc4 Real Estate Tax Return Preparation \u2013 Country-by-Country Compliance<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Toronto Tax Consulting<\/strong> prepares and coordinates international tax filings for <strong>Canadian residents with foreign real estate<\/strong> and <strong>non-residents with Canadian property<\/strong>. We handle compliance with <strong>CRA<\/strong>, <strong>foreign tax authorities<\/strong>, and apply relevant <strong>tax treaties<\/strong> to prevent double taxation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde8\ud83c\udde6-canada'  id=\"boomdevs_9\" class=\"wp-block-heading\">\ud83c\udde8\ud83c\udde6 <strong>Canada<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Canadian T1 Return<\/strong> \u2013 Reporting worldwide income, including foreign rental income and capital gains.<\/li>\n\n\n\n<li class=\"\"><strong>T776<\/strong> \u2013 Statement of Real Estate Rentals for Canadian and foreign properties.<\/li>\n\n\n\n<li class=\"\"><strong>T1135<\/strong> \u2013 Foreign Income Verification Statement (for foreign real estate &gt; $100,000 CAD).<\/li>\n\n\n\n<li class=\"\"><strong>Departure Returns<\/strong> \u2013 Filed when emigrating, reporting deemed dispositions including foreign property.<\/li>\n\n\n\n<li class=\"\"><strong>T2062 \/ T2062A<\/strong> \u2013 Certificate of Compliance for non-resident dispositions of Canadian property.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddfa\ud83c\uddf8-united-states'  id=\"boomdevs_10\" class=\"wp-block-heading\">\ud83c\uddfa\ud83c\uddf8 <strong>United States<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Form 1040NR<\/strong> \u2013 U.S. Non-Resident Income Tax Return for Canadians with U.S. rental income.<\/li>\n\n\n\n<li class=\"\"><strong>FIRPTA Filings (Forms 8288 &amp; 8288-B)<\/strong> \u2013 Required when Canadians sell U.S. real estate (15% withholding).<\/li>\n\n\n\n<li class=\"\"><strong>Schedule E<\/strong> \u2013 Reporting rental income for non-residents.<\/li>\n\n\n\n<li class=\"\"><strong>State Returns<\/strong> \u2013 For properties in states with income tax (e.g., California Form 540NR).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddec\ud83c\udde7-united-kingdom'  id=\"boomdevs_11\" class=\"wp-block-heading\">\ud83c\uddec\ud83c\udde7 <strong>United Kingdom<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>SA100<\/strong> \u2013 UK Self-Assessment for Canadian owners of UK rental properties.<\/li>\n\n\n\n<li class=\"\"><strong>ATED<\/strong> \u2013 Annual Tax on Enveloped Dwellings (for properties owned through foreign corporations).<\/li>\n\n\n\n<li class=\"\"><strong>NRCGT<\/strong> \u2013 Non-Resident Capital Gains Tax Return (required within 60 days of property sale).<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddeb\ud83c\uddf7-france'  id=\"boomdevs_12\" class=\"wp-block-heading\">\ud83c\uddeb\ud83c\uddf7 <strong>France<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Form 2044\/2044-SPE + 2042<\/strong> \u2013 French rental income filings for Canadian residents.<\/li>\n\n\n\n<li class=\"\"><strong>Taxe Fonci\u00e8re<\/strong> \u2013 Annual property tax.<\/li>\n\n\n\n<li class=\"\"><strong>Taxe d\u2019Habitation<\/strong> \u2013 Occupancy tax where applicable.<\/li>\n\n\n\n<li class=\"\"><strong>Imp\u00f4t sur le revenu<\/strong> \u2013 Capital gains declaration for property sales.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde9\ud83c\uddea-germany'  id=\"boomdevs_13\" class=\"wp-block-heading\">\ud83c\udde9\ud83c\uddea <strong>Germany<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Einkommensteuererkl\u00e4rung + Anlage V<\/strong> \u2013 Required for rental income from German property.<\/li>\n\n\n\n<li class=\"\"><strong>Grundsteuer<\/strong> \u2013 Annual property tax.<\/li>\n\n\n\n<li class=\"\">Treaty: <strong>Canada-Germany Article 6 &amp; 13<\/strong> \u2013 Allocates taxing rights and allows foreign tax credits.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf5\ud83c\uddf9-portugal'  id=\"boomdevs_14\" class=\"wp-block-heading\">\ud83c\uddf5\ud83c\uddf9 <strong>Portugal<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Modelo 3 (IRS) with Annex F\/J<\/strong> \u2013 Annual filing for rental income by Canadian owners.<\/li>\n\n\n\n<li class=\"\"><strong>IMI (Imposto Municipal sobre Im\u00f3veis)<\/strong> \u2013 Annual municipal property tax.<\/li>\n\n\n\n<li class=\"\"><strong>NHR (Non-Habitual Resident) regime<\/strong> \u2013 Special tax status for new residents.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddea\ud83c\uddf8-spain'  id=\"boomdevs_15\" class=\"wp-block-heading\">\ud83c\uddea\ud83c\uddf8 <strong>Spain<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Modelo 210<\/strong> \u2013 For non-resident rental income and capital gains.<\/li>\n\n\n\n<li class=\"\"><strong>Modelo 720<\/strong> \u2013 Annual overseas asset disclosure.<\/li>\n\n\n\n<li class=\"\"><strong>3% Withholding<\/strong> \u2013 On property sale by non-residents, reclaimable with final return.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddee\ud83c\uddf9-italy'  id=\"boomdevs_16\" class=\"wp-block-heading\">\ud83c\uddee\ud83c\uddf9 <strong>Italy<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Form RW &amp; Redditi PF<\/strong> \u2013 Required for foreign owners with rental income or property holdings.<\/li>\n\n\n\n<li class=\"\"><strong>IMU (Municipal Tax)<\/strong> and <strong>IVIE (Wealth Tax on Foreign Property)<\/strong>.<\/li>\n\n\n\n<li class=\"\"><strong>Succession Tax Returns<\/strong> \u2013 For inherited property in Italy.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf3\ud83c\uddf1-netherlands'  id=\"boomdevs_17\" class=\"wp-block-heading\">\ud83c\uddf3\ud83c\uddf1 <strong>Netherlands<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Box 3 (Wealth Tax)<\/strong> \u2013 Tax on net value of real estate held by foreign investors.<\/li>\n\n\n\n<li class=\"\"><strong>IB Return<\/strong> \u2013 For Dutch-source rental income.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf1\ud83c\uddfa-luxembourg'  id=\"boomdevs_18\" class=\"wp-block-heading\">\ud83c\uddf1\ud83c\uddfa <strong>Luxembourg<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Income Tax Return<\/strong> \u2013 Required for non-resident owners of Luxembourg property.<\/li>\n\n\n\n<li class=\"\"><strong>Municipal Property Tax<\/strong> \u2013 Annual.<\/li>\n\n\n\n<li class=\"\">Used often for <strong>holding structures<\/strong> for EU real estate.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf2\ud83c\uddf9-malta'  id=\"boomdevs_19\" class=\"wp-block-heading\">\ud83c\uddf2\ud83c\uddf9 <strong>Malta<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Property Rental Returns<\/strong> \u2013 Filed annually, with 15% flat tax for non-residents.<\/li>\n\n\n\n<li class=\"\"><strong>Stamp Duty &amp; Registration Filings<\/strong> \u2013 On acquisitions and transfers.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde8\ud83c\udded-switzerland'  id=\"boomdevs_20\" class=\"wp-block-heading\">\ud83c\udde8\ud83c\udded <strong>Switzerland<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Cantonal Tax Returns<\/strong> \u2013 For property-specific taxes.<\/li>\n\n\n\n<li class=\"\"><strong>Wealth Tax Reporting<\/strong> \u2013 Required even for non-residents owning Swiss property.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udf0d-other-eu-jurisdictions'  id=\"boomdevs_21\" class=\"wp-block-heading\">\ud83c\udf0d Other EU Jurisdictions<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">We assist with real estate filings in <strong>Austria (E1), Belgium (Code 1106), Greece (E2\/E1), Ireland (Form 11), Cyprus (Capital Gains Tax filings), Poland (PIT-39), Romania (Form 200), Czech Republic (DPFO), Hungary (SZJA), Croatia, Bulgaria, Slovakia, Slovenia, Estonia, Latvia, Lithuania<\/strong>\u2014all with treaty-based coordination for Canadian residents.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0f-asia-pacific-real-estate-tax-filings'  id=\"boomdevs_22\" class=\"wp-block-heading\">\ud83c\udf0f Asia-Pacific Real Estate Tax Filings<\/h2>\n\n\n\n<h3 id='\ud83c\uddef\ud83c\uddf5-japan'  id=\"boomdevs_23\" class=\"wp-block-heading\">\ud83c\uddef\ud83c\uddf5 <strong>Japan<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Japanese Income Tax Return<\/strong> \u2013 For foreign landlords.<\/li>\n\n\n\n<li class=\"\"><strong>Acquisition and Inheritance Tax Returns<\/strong> \u2013 Required on property acquisitions and successions.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\uddf0\ud83c\uddf7-south-korea'  id=\"boomdevs_24\" class=\"wp-block-heading\">\ud83c\uddf0\ud83c\uddf7 <strong>South Korea<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Local Real Estate Income Filings<\/strong> \u2013 Required for non-resident rental income.<\/li>\n\n\n\n<li class=\"\"><strong>Transfer Tax Returns<\/strong> \u2013 Capital gains for foreigners up to 45%.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\uddf8\ud83c\uddec-singapore'  id=\"boomdevs_25\" class=\"wp-block-heading\">\ud83c\uddf8\ud83c\uddec <strong>Singapore<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Annual Property Tax Filings<\/strong> \u2013 For rental income.<\/li>\n\n\n\n<li class=\"\"><strong>ABSD (Additional Buyer\u2019s Stamp Duty)<\/strong> \u2013 For foreign buyers.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\udded\ud83c\uddf0-hong-kong'  id=\"boomdevs_26\" class=\"wp-block-heading\">\ud83c\udded\ud83c\uddf0 <strong>Hong Kong<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Property Tax Return (IR612)<\/strong> \u2013 Required for rental income.<\/li>\n\n\n\n<li class=\"\"><strong>Stamp Duty Filings<\/strong> \u2013 Upon acquisition.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\udde8\ud83c\uddf3-china'  id=\"boomdevs_27\" class=\"wp-block-heading\">\ud83c\udde8\ud83c\uddf3 <strong>China<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Individual Income Tax Filings<\/strong> \u2013 For foreign owners of Chinese property.<\/li>\n\n\n\n<li class=\"\"><strong>Land Use Taxes<\/strong> \u2013 Annual municipal obligations.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\uddee\ud83c\uddf3-india'  id=\"boomdevs_28\" class=\"wp-block-heading\">\ud83c\uddee\ud83c\uddf3 <strong>India<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>ITR-2<\/strong> \u2013 Non-resident income return for property rentals or sales.<\/li>\n\n\n\n<li class=\"\"><strong>Section 195 TDS Withholding<\/strong> \u2013 On property sales.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\udde6\ud83c\uddfa-australia'  id=\"boomdevs_29\" class=\"wp-block-heading\">\ud83c\udde6\ud83c\uddfa <strong>Australia<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>CGT Return<\/strong> \u2013 Non-residents taxed on property gains.<\/li>\n\n\n\n<li class=\"\"><strong>Annual Property Tax Filings<\/strong> \u2013 Required for foreign owners.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\uddf3\ud83c\uddff-new-zealand'  id=\"boomdevs_30\" class=\"wp-block-heading\">\ud83c\uddf3\ud83c\uddff <strong>New Zealand<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Bright-Line Rule Filings<\/strong> \u2013 Capital gains tax for property sold within 10 years.<\/li>\n\n\n\n<li class=\"\"><strong>IRD Property Return<\/strong> \u2013 For rental income.<\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\uddf2\ud83c\uddfe-malaysia-|-\ud83c\uddf9\ud83c\udded-thailand-|-\ud83c\uddfb\ud83c\uddf3-vietnam-|-\ud83c\uddf5\ud83c\udded-philippines-|-\ud83c\uddee\ud83c\udde9-indonesia'  id=\"boomdevs_31\" class=\"wp-block-heading\">\ud83c\uddf2\ud83c\uddfe Malaysia | \ud83c\uddf9\ud83c\udded Thailand | \ud83c\uddfb\ud83c\uddf3 Vietnam | \ud83c\uddf5\ud83c\udded Philippines | \ud83c\uddee\ud83c\udde9 Indonesia**<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Local property and income tax filings coordinated with local advisors; CRA declarations under <strong>T776<\/strong> and <strong>T1135<\/strong> remain mandatory for Canadians.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0e-latin-american-real-estate-compliance'  id=\"boomdevs_32\" class=\"wp-block-heading\">\ud83c\udf0e Latin American Real Estate Compliance<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">We also prepare filings and coordinate compliance for properties in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>\ud83c\udde7\ud83c\uddf7 Brazil<\/strong> \u2013 Local IPTU property tax, capital gains declaration.<\/li>\n\n\n\n<li class=\"\"><strong>\ud83c\uddf2\ud83c\uddfd Mexico<\/strong> \u2013 ISR withholding and property income filings.<\/li>\n\n\n\n<li class=\"\"><strong>\ud83c\udde6\ud83c\uddf7 Argentina<\/strong> \u2013 Annual wealth tax and rental reporting for non-residents.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udfdb\ufe0f-how-we-help-with-cross-border-filings'  id=\"boomdevs_33\" class=\"wp-block-heading\">\ud83c\udfdb\ufe0f How We Help with Cross-Border Filings<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-3'  id=\"boomdevs_34\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Preparing and filing <strong>Canadian returns (T1, T776, T1135)<\/strong><\/li>\n\n\n\n<li class=\"\">Coordinating with <strong>foreign tax authorities<\/strong> for local returns<\/li>\n\n\n\n<li class=\"\">Applying <strong>treaty relief (Canada + foreign country)<\/strong> to avoid double taxation<\/li>\n\n\n\n<li class=\"\">Advising on <strong>foreign tax credit<\/strong> claims under <strong>ITA s. 126<\/strong><\/li>\n\n\n\n<li class=\"\">Handling <strong>estate, inheritance, and wealth tax<\/strong> implications on real estate<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcde <strong>Contact Toronto Tax Consulting<\/strong> \u2013 Your Partner in <strong>International Real Estate Tax Compliance<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Offices: 1 Dundas St. W., Suite 2500 &amp; 401 Bay St., Suite 1600, Downtown Toronto<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tel: (416) 628-7824 Ext. 2<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Email: <a>info@torontotaxconsulting.com<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0d-common-international-cross-border-real-estate-tax-issues'  id=\"boomdevs_35\" class=\"wp-block-heading\">\ud83c\udf0d Common International &amp; Cross-Border Real Estate Tax Issues<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-4'  id=\"boomdevs_36\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Issue 1 \u2013 Double Taxation on Real Estate Sales<\/strong><br>A Canadian resident sells a Spanish property, triggering capital gains in Spain and again in Canada. We apply <strong>Article 13 (Capital Gains)<\/strong> of the <strong>Canada-Spain Tax Treaty<\/strong> and compute the <strong>foreign tax credit<\/strong> under <strong>s. 126 ITA<\/strong> to eliminate double taxation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Issue 2 \u2013 Rental Income from Foreign Property<\/strong><br>A client renting out a villa in Tuscany failed to report gross rental income and local Italian taxes paid. We assist in foreign income declaration on <strong>Form T776<\/strong>, file backdated returns through the <strong>CRA Voluntary Disclosures Program<\/strong>, and support <strong>deductibility of expenses<\/strong> incurred abroad.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Issue 3 \u2013 U.S. FIRPTA Withholding for Canadians Selling U.S. Property<\/strong><br>Canadian owners of Arizona real estate often face <strong>15% FIRPTA withholding<\/strong>. We handle <strong>IRS Form 8288-B applications<\/strong> for early refund and coordinate with <strong>U.S.-Canada Treaty Article XIII<\/strong> to reduce exposure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Issue 4 \u2013 Non-Resident Canadian Tax Compliance on Canadian Property<\/strong><br>Non-resident owners of Toronto condos rented out through Airbnb must file <strong>NR4 and NR6 forms<\/strong>, remit 25% tax, and obtain <strong>clearance certificates (T2062)<\/strong> before selling to avoid CRA penalties. We handle the entire CRA process from start to finish.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udca1 <strong>Issue 5 \u2013 Using Offshore HoldCos to Hold EU Real Estate<\/strong><br>For Australian and Canadian clients investing in German or UK property, we explore the use of <strong>Luxembourg or Dutch HoldCos<\/strong>, considering <strong>ATAD 3<\/strong> and <strong>OECD Pillar II minimum tax rules<\/strong>. This includes evaluating controlled foreign affiliate rules under <strong>s. 95(1) ITA<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83e\udde0-legal-and-compliance-references'  id=\"boomdevs_37\" class=\"wp-block-heading\">\ud83e\udde0 Legal and Compliance References<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-5'  id=\"boomdevs_38\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcd8 <strong>Income Tax Act (Canada)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">s. 116 ITA \u2013 Disposition of taxable Canadian property by non-residents<\/li>\n\n\n\n<li class=\"\">s. 2(1), s. 115(1)(a) \u2013 Canadian-source rental income<\/li>\n\n\n\n<li class=\"\">s. 126 \u2013 Foreign tax credit mechanism<\/li>\n\n\n\n<li class=\"\">s. 233.3 \u2013 Foreign Property Reporting (T1135)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcd8 <strong>OECD Model Tax Convention (2024 Update)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Article 6 \u2013 Income from Immovable Property<\/li>\n\n\n\n<li class=\"\">Article 13 \u2013 Capital Gains<\/li>\n\n\n\n<li class=\"\">Article 23 \u2013 Relief from Double Taxation<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcd8 <strong>Relevant Tax Treaties<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Canada-U.S. Tax Convention, Article XIII<\/li>\n\n\n\n<li class=\"\">Canada-France Tax Treaty<\/li>\n\n\n\n<li class=\"\">Canada-Germany Tax Treaty<\/li>\n\n\n\n<li class=\"\">Canada-Italy Tax Treaty<\/li>\n\n\n\n<li class=\"\">Canada-Portugal Tax Treaty<\/li>\n\n\n\n<li class=\"\">Canada-UK Tax Treaty<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcd8 <strong>Foreign Laws and Guidelines<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">FIRPTA (U.S. Internal Revenue Code \u00a7897)<\/li>\n\n\n\n<li class=\"\">ATED (UK Annual Tax on Enveloped Dwellings)<\/li>\n\n\n\n<li class=\"\">Modelo 720 Spain \u2013 Disclosure of overseas property<\/li>\n\n\n\n<li class=\"\">FATCA\/FBAR (U.S. reporting for U.S. persons with foreign accounts)<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udee1\ufe0f-strategic-planning-services-for-international-real-estate-advice-and-planning'  id=\"boomdevs_39\" class=\"wp-block-heading\">\ud83d\udee1\ufe0f Strategic Planning Services for International Real Estate Advice and Planning<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-6'  id=\"boomdevs_40\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd0d <strong>Pre-Immigration Planning<\/strong>: Structuring foreign real estate prior to Canadian tax residency<br>\ud83d\udd04 <strong>Departure Tax Planning<\/strong>: Avoiding double taxation when leaving Canada with real estate assets<br>\ud83c\udfe2 <strong>Trust and Estate Planning<\/strong>: Gifting or transferring foreign property tax-efficiently to family members<br>\ud83d\udcbc <strong>Corporate Real Estate Holding Structures<\/strong>: Canada vs. Luxembourg vs. U.K. vs. Malta<br>\u2708\ufe0f <strong>Non-Resident Ownership of Canadian Real Estate<\/strong>: Compliance, leasing, sale tax mitigation<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83e\uddfe-examples-of-non-resident-real-estate-tax-advice-and-planning'  id=\"boomdevs_41\" class=\"wp-block-heading\">\ud83e\uddfe Examples of Non Resident Real Estate Tax Advice and Planning<\/h2>\n\n\n\n<h3 id='from-your-international-real-estate-tax-advisor-toronto-canada'  id=\"boomdevs_42\" class=\"wp-block-heading\">From Your International Real Estate Tax Advisor \u2013 Toronto, Canada<\/h3>\n\n\n\n<h5 id='international-real-estate-tax-7'  id=\"boomdevs_43\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">At <strong>Toronto Tax Consulting<\/strong>, we offer advanced <strong>real estate tax planning and compliance solutions<\/strong> for Canadian residents, non-residents, and corporations with real estate portfolios across Canada and over 40 international jurisdictions, including <strong>G20<\/strong>, <strong>EU<\/strong>, and <strong>Asia-Pacific countries<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udfd8\ufe0f-structuring-the-ownership-of-real-estate-holdings'  id=\"boomdevs_44\" class=\"wp-block-heading\">\ud83c\udfd8\ufe0f Structuring the Ownership of Real Estate Holdings<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-8'  id=\"boomdevs_45\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Optimizing Your Real Estate Structure \u2013 Personal, Corporate, Partnership, or Trust<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Choosing the right vehicle for real estate ownership can significantly impact your tax outcomes. Whether you are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">An individual investing in a rental condo in Toronto,<\/li>\n\n\n\n<li class=\"\">A Canadian trust inheriting farmland in Poland,<\/li>\n\n\n\n<li class=\"\">A U.S. LLC purchasing property in Ontario, or<\/li>\n\n\n\n<li class=\"\">A holding company owning a luxury villa in Spain,<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">We provide <strong>tax structure advisory<\/strong> tailored to your needs. This includes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Analysis under <strong>s. 96 of the ITA (partnership income)<\/strong><\/li>\n\n\n\n<li class=\"\">Use of <strong>bare trust arrangements<\/strong><\/li>\n\n\n\n<li class=\"\">Planning with <strong>Canadian-controlled private corporations (CCPCs)<\/strong><\/li>\n\n\n\n<li class=\"\">Use of <strong>non-resident corporations<\/strong> with tax treaty protection<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">We also coordinate with international counsel to manage cross-border disclosure and ownership limitations in countries like <strong>France (SCI structures)<\/strong>, <strong>UK (Ltd\/LLP holding)<\/strong>, and <strong>Singapore (foreign corporate stamp duty implications)<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udcc9-minimizing-or-deferring-tax-on-real-estate-gains'  id=\"boomdevs_46\" class=\"wp-block-heading\">\ud83d\udcc9 Minimizing or Deferring Tax on Real Estate Gains<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-9'  id=\"boomdevs_47\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Timing and Planning for Maximum Tax Efficiency<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Real estate investors often miss opportunities to reduce taxes due to poor timing or unstructured exits. We advise on:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Timing the sale<\/strong> of Canadian property to offset against other <strong>capital losses<\/strong><\/li>\n\n\n\n<li class=\"\"><strong>Restructuring property portfolios<\/strong> in advance of emigration or immigration<\/li>\n\n\n\n<li class=\"\"><strong>Allocating proceeds and expenses<\/strong> to optimize your marginal tax bracket<\/li>\n\n\n\n<li class=\"\"><strong>Utilizing s. 110.6 capital gains exemption<\/strong> where applicable (e.g., farming or small business real estate)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Example: A Canadian client selling U.S. commercial property was advised to delay disposition until after <strong>departure from Canada<\/strong>, thus reducing overall tax exposure using <strong>FIRPTA rules (IRC \u00a7897)<\/strong> and <strong>treaty relief under Article XIII of the Canada-U.S. Tax Treaty<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udcb8-maximizing-utilization-of-tax-losses-on-real-estate'  id=\"boomdevs_48\" class=\"wp-block-heading\">\ud83d\udcb8 Maximizing Utilization of Tax Losses on Real Estate<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-10'  id=\"boomdevs_49\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strategic Use of Capital and Current Losses<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Not all losses are equal. Whether you\u2019ve suffered a market downturn in Berlin, failed to lease a secondary unit in Montreal, or lost money on renovation flipping in Florida, we guide you through:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Carrying forward capital losses<\/strong> under <strong>ITA s. 111(1)<\/strong><\/li>\n\n\n\n<li class=\"\"><strong>Deducting current expenses<\/strong> to reduce real estate income<\/li>\n\n\n\n<li class=\"\"><strong>Reclassifying capital transactions as income losses<\/strong> if applicable<\/li>\n\n\n\n<li class=\"\">Triggering <strong>superficial loss rules<\/strong> intentionally for planning purposes<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udd0e-capital-gain-vs-business-income-determination'  id=\"boomdevs_50\" class=\"wp-block-heading\">\ud83d\udd0e Capital Gain vs. Business Income Determination<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-11'  id=\"boomdevs_51\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Planning Before You Purchase<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The difference between <strong>capital gains<\/strong> and <strong>business income<\/strong> can result in tax rates of <strong>50% vs. 100% inclusion<\/strong>\u2014a critical distinction in tax planning. Before acquiring an investment property:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">We conduct a <strong>transactional risk analysis<\/strong> based on CRA criteria: intention, frequency, financing, and renovation activity<\/li>\n\n\n\n<li class=\"\">Analyze the risk of <strong>business income assessment<\/strong> (including GST\/HST on flipping)<\/li>\n\n\n\n<li class=\"\">Provide an <strong>ROI analysis adjusted for after-tax yield<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This is particularly important when purchasing <strong>short-term Airbnb rental units<\/strong>, or flipping properties in high-value areas such as Vancouver or London, UK.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udfe1-principal-residence-exemption-pre-change-of-use'  id=\"boomdevs_52\" class=\"wp-block-heading\">\ud83c\udfe1 Principal Residence Exemption (PRE) &amp; Change of Use<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-12'  id=\"boomdevs_53\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Advanced Planning to Protect Your Exemption<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether you\u2019re moving abroad or converting your home into a rental, the <strong>Principal Residence Exemption (PRE)<\/strong> is often misunderstood. We help clients:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">Elect under <strong>s. 45(2) or 45(3) ITA<\/strong> to defer capital gains<\/li>\n\n\n\n<li class=\"\">Analyze <strong>partial-year use of principal residence<\/strong> rules<\/li>\n\n\n\n<li class=\"\">Assess risk of <strong>deemed disposition<\/strong> on conversion<\/li>\n\n\n\n<li class=\"\">Address CRA scrutiny on <strong>multiple-property declarations<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Example:<\/em> A Toronto-based software engineer accepted a posting in Germany and rented their condo. We filed <strong>Form T2091(IND)<\/strong>, made the proper election under <strong>s. 45(2)<\/strong>, and safeguarded their PRE.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0d-non-resident-investment-in-canadian-real-estate'  id=\"boomdevs_54\" class=\"wp-block-heading\">\ud83c\udf0d Non-Resident Investment in Canadian Real Estate<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-13'  id=\"boomdevs_55\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cross-Border Tax Filing and Compliance for Foreign Investors<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We advise non-resident investors from countries such as <strong>China, India, Germany, and Brazil<\/strong> on Canadian real estate purchases. Services include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>CRA NR6 filings<\/strong> to remit based on net income<\/li>\n\n\n\n<li class=\"\"><strong>Annual NR4 slips<\/strong> for rental income<\/li>\n\n\n\n<li class=\"\"><strong>T2062 and T2062A forms<\/strong> to obtain clearance before selling Canadian real estate<\/li>\n\n\n\n<li class=\"\">Tax planning in anticipation of <strong>15-25% withholding<\/strong> on sale proceeds<\/li>\n\n\n\n<li class=\"\">Filing <strong>Section 216 returns<\/strong> and final <strong>T1 Non-Resident Returns<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Example: A French non-resident who sold a Toronto condo relied on our services to reduce 25% gross withholding tax to an actual 10% effective rate through the proper Section 216 filings and T2062 clearance process.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83e\uddf3-canadian-investment-in-foreign-real-estate'  id=\"boomdevs_56\" class=\"wp-block-heading\">\ud83e\uddf3 Canadian Investment in Foreign Real Estate<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-14'  id=\"boomdevs_57\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Real Estate Tax Planning for Overseas Properties<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Canadian tax residents must report <strong>worldwide income<\/strong> and <strong>foreign property ownership<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Foreign rental income<\/strong> \u2013 Reported on <strong>T776<\/strong>, converted to CAD<\/li>\n\n\n\n<li class=\"\"><strong>Foreign capital gains<\/strong> \u2013 Declared using CRA\u2019s prescribed exchange rates<\/li>\n\n\n\n<li class=\"\"><strong>Form T1135<\/strong> \u2013 Required if the cost base of all foreign properties exceeds $100,000<\/li>\n\n\n\n<li class=\"\"><strong>Foreign tax credits<\/strong> \u2013 Claimed under <strong>ITA s. 126<\/strong> for income taxes paid abroad<\/li>\n\n\n\n<li class=\"\">Compliance with local laws: <strong>Modelo 720 (Spain), Form RW (Italy), SA100 (UK), Form 2044 (France)<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">We coordinate cross-border filings with local tax counsel in 40+ countries to ensure you&#8217;re compliant in both jurisdictions.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udd10-creditor-proofing-real-estate-holdings'  id=\"boomdevs_58\" class=\"wp-block-heading\">\ud83d\udd10 Creditor Proofing Real Estate Holdings<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-15'  id=\"boomdevs_59\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Protecting Your Investment From Future Liabilities<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For investors and professionals with high liability exposure, we offer:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Trust structuring under Canadian common law<\/strong><\/li>\n\n\n\n<li class=\"\"><strong>Real estate holding through nominee corporations or bare trusts<\/strong><\/li>\n\n\n\n<li class=\"\">Cross-border consideration of <strong>asset protection trusts (APT)<\/strong> in Bahamas, BVI, or Cook Islands<\/li>\n\n\n\n<li class=\"\">Integration with <strong>domestic prenuptial agreements<\/strong>, <strong>shareholder agreements<\/strong>, and <strong>creditor-proofing clauses<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">These structures are evaluated in context of the <strong>Fraudulent Conveyances Act (Ontario)<\/strong> and equivalent foreign asset protection laws.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0d-jurisdictions-we-serve-international-real-estate-tax-across-g20-eu-and-asia-pacific'  id=\"boomdevs_60\" class=\"wp-block-heading\">\ud83c\udf0d Jurisdictions We Serve \u2013 International Real Estate Tax Across G20, EU, and Asia-Pacific<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-16'  id=\"boomdevs_61\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83c\udde8\ud83c\udde6 Canada<\/strong> \u2013 Non-resident tax compliance, rental income, T2062<br><strong>\ud83c\uddfa\ud83c\uddf8 United States<\/strong> \u2013 FIRPTA, Form 8288, 1040NR, real estate trusts<br><strong>\ud83c\uddec\ud83c\udde7 United Kingdom<\/strong> \u2013 ATED, CGT, SDLT, HMRC disclosures<br><strong>\ud83c\uddeb\ud83c\uddf7 France<\/strong> \u2013 Taxe fonci\u00e8re, Taxe d\u2019habitation, imp\u00f4t sur le revenu<br><strong>\ud83c\udde9\ud83c\uddea Germany<\/strong> \u2013 Rental reporting (Einkommensteuer), speculation period, municipal taxes<br><strong>\ud83c\uddee\ud83c\uddf9 Italy<\/strong> \u2013 IMU, Cedolare Secca, overseas disclosure under IVIE<br><strong>\ud83c\uddea\ud83c\uddf8 Spain<\/strong> \u2013 Modelo 210, Modelo 720, non-resident tax, inheritance<br><strong>\ud83c\uddf5\ud83c\uddf9 Portugal<\/strong> \u2013 NHR real estate planning, Modelo 3, local capital gains<br><strong>\ud83c\uddf3\ud83c\uddf1 Netherlands<\/strong> \u2013 Box 3, 30% ruling, mortgage interest deductions<br><strong>\ud83c\uddf1\ud83c\uddfa Luxembourg<\/strong> \u2013 Tax optimization through real estate holding structures<br><strong>\ud83c\uddf2\ud83c\uddf9 Malta<\/strong> \u2013 Property held in trust or IIP planning structures<br><strong>\ud83c\udde8\ud83c\uddedSwitzerland<\/strong> \u2013 Cantonal property taxes and wealth disclosure<br><strong>\ud83c\udde7\ud83c\uddea Belgium<\/strong>, <strong>\ud83c\uddf8\ud83c\uddea Sweden<\/strong>, <strong>\ud83c\udde9\ud83c\uddf0 Denmark<\/strong>, <strong>\ud83c\uddf3\ud83c\uddf4 Norway<\/strong>, <strong>\ud83c\uddeb\ud83c\uddee Finland<\/strong>, <strong>\ud83c\udde6\ud83c\uddf9 Austria<\/strong>, <strong>\ud83c\udded\ud83c\uddfa Hungary<\/strong>, <strong>\ud83c\udde8\ud83c\uddff Czechia<\/strong>, <strong>\ud83c\uddf5\ud83c\uddf1 Poland<\/strong>, <strong>\ud83c\uddf7\ud83c\uddf4 Romania<\/strong>, <strong>\ud83c\uddf8\ud83c\uddf0 Slovakia<\/strong>, <strong>\ud83c\uddee\ud83c\uddea Ireland<\/strong>, <strong>\ud83c\uddec\ud83c\uddf7 Greece<\/strong>, <strong>\ud83c\udde8\ud83c\uddfe Cyprus<\/strong>, <strong>\ud83c\udded\ud83c\uddf7 Croatia<\/strong>, <strong>\ud83c\udde7\ud83c\uddec Bulgaria<\/strong>, <strong>\ud83c\uddf8\ud83c\uddee Slovenia<\/strong>, <strong>\ud83c\uddea\ud83c\uddea Estonia<\/strong>, <strong>\ud83c\uddf1\ud83c\uddfb Latvia<\/strong>, <strong>\ud83c\uddf1\ud83c\uddf9 Lithuania<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Asia-Pacific Real Estate Compliance:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83c\udde8\ud83c\uddf3 China<\/strong> \u2013 Restrictions on foreign ownership, local income tax<br><strong>\ud83c\uddef\ud83c\uddf5 Japan<\/strong> \u2013 Real estate acquisition tax, inheritance, CGT<br><strong>\ud83c\uddf0\ud83c\uddf7 South Korea<\/strong> \u2013 Property holding by non-residents, local income tax<br><strong>\ud83c\uddf8\ud83c\uddec Singapore<\/strong> \u2013 ABSD (Additional Buyer\u2019s Stamp Duty), GST on property<br><strong>\ud83c\udded\ud83c\uddf0 Hong Kong<\/strong> \u2013 Stamp Duty, Buyer&#8217;s Duty, real estate transfer compliance<br><strong>\ud83c\uddee\ud83c\uddf3 India<\/strong> \u2013 Section 195 TDS, capital gains on NRI sales<br><strong>\ud83c\udde6\ud83c\uddfa Australia<\/strong> \u2013 FIRB rules, CGT for non-residents, Main Residence Exemption<br><strong>\ud83c\uddf3\ud83c\uddff New Zealand<\/strong> \u2013 Bright-line rules for property resale<br><strong>\ud83c\uddee\ud83c\udde9 Indonesia<\/strong>, <strong>\ud83c\uddf2\ud83c\uddfe Malaysia<\/strong>, <strong>\ud83c\uddf5\ud83c\udded Philippines<\/strong>, <strong>\ud83c\uddf9\ud83c\udded Thailand<\/strong>, <strong>\ud83c\uddfb\ud83c\uddf3 Vietnam<\/strong> \u2013 Real estate tax withholding &amp; land use laws<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udcda-case-examples-real-clients-real-cross-border-issues-for-international-real-estate'  id=\"boomdevs_62\" class=\"wp-block-heading\">\ud83d\udcda Case Examples \u2013 Real Clients, Real Cross-Border Issues for International Real Estate<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-17'  id=\"boomdevs_63\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83c\udfe0 Selling French Riviera Property<\/strong><br>A Toronto couple sold a villa near Nice. We applied the <strong>Canada-France Tax Treaty<\/strong>, used the local notaire\u2019s documentation to establish cost base, and mitigated Canadian capital gains tax through <strong>s. 126 foreign tax credits<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83c\udfd9\ufe0f FIRPTA Refund on Florida Condo<\/strong><br>A Canadian resident sold a Miami property. We filed <strong>Form 8288-B<\/strong> to reduce FIRPTA withholding and applied <strong>Article XIII<\/strong> of the <strong>Canada-U.S. Treaty<\/strong> for capital gains relief.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83c\udfe1 German Rental Reporting &amp; CRA T1135<\/strong><br>A Canadian resident earned income from a Berlin apartment. We filed <strong>Anlage V (Germany)<\/strong>, translated expense reports, and reported income and foreign assets on the T1135 with a <strong>CRA Voluntary Disclosure<\/strong> for prior years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\ud83c\udfda\ufe0f Inheriting Property in Italy<\/strong><br>A client inherited a vacation home in Florence. We coordinated with an Italian notary and restructured ownership under <strong>succession tax rules<\/strong>, advising on <strong>IMU and IVIE<\/strong> filings and adjusting Canadian estate declarations accordingly.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udd0d-faqs-for-international-real-estate-tax'  id=\"boomdevs_64\" class=\"wp-block-heading\">\ud83d\udd0d FAQs for International Real Estate Tax<\/h2>\n\n\n\n<h3 id='international-real-estate-tax-compliance-for-the-eu-g20-asia-pacific'  id=\"boomdevs_65\" class=\"wp-block-heading\">International Real Estate Tax Compliance for the EU, G20 &amp; Asia-Pacific<\/h3>\n\n\n\n<h5 id='international-real-estate-tax-18'  id=\"boomdevs_66\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddeb\ud83c\uddf7-france-1'  id=\"boomdevs_67\" class=\"wp-block-heading\">\ud83c\uddeb\ud83c\uddf7 France<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Do I need to report French real estate income in Canada?<\/strong><br>Yes. If you&#8217;re a Canadian resident earning rental income in France, you must file French <strong>Form 2044 or 2044-SPE<\/strong> with <strong>Form 2042<\/strong>, and declare the income in Canada using <strong>Form T776<\/strong> and <strong>T1135<\/strong>. Foreign tax paid can be credited under <strong>Article 6 of the Canada-France Tax Treaty<\/strong> and <strong>s. 126 ITA<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What are France\u2019s real estate taxes for non-residents?<\/strong><br>Expect <strong>Taxe Fonci\u00e8re<\/strong>, <strong>Taxe d&#8217;Habitation<\/strong> (if applicable), and <strong>flat 20-30% income tax on rentals<\/strong>, depending on your property value and rental regime.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde9\ud83c\uddea-germany-1'  id=\"boomdevs_68\" class=\"wp-block-heading\">\ud83c\udde9\ud83c\uddea Germany<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What taxes apply to owning or selling German real estate?<\/strong><br>German rental income is taxed locally under <strong>Einkommensteuer (Form Anlage V)<\/strong>, and capital gains may apply unless held for 10 years (speculative period exemption). Canadian residents must still declare gains and income under <strong>T776<\/strong> and <strong>T1135<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Is there a tax treaty between Canada and Germany?<\/strong><br>Yes. Under <strong>Article 6<\/strong> and <strong>Article 13<\/strong> of the treaty, Germany has primary taxing rights on German property income and gains; Canada offers foreign tax credit relief.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddea\ud83c\uddf8-spain-1'  id=\"boomdevs_69\" class=\"wp-block-heading\">\ud83c\uddea\ud83c\uddf8 Spain<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Do I need to file Spanish returns if I rent out my Spanish condo?<\/strong><br>Yes. Non-resident landlords must file <strong>Modelo 210<\/strong> quarterly and annually. If you sell, <strong>Modelo 210 for capital gains<\/strong> applies, and non-residents face a 3% withholding tax. In Canada, you&#8217;ll also need <strong>T776, T1135, and possibly T2062<\/strong> if selling while a non-resident.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How does Canada-Spain tax treaty reduce double taxation?<\/strong><br>Article 6 gives Spain taxing rights on rental income; Article 13 allows Spain to tax real estate gains, with Canadian residents claiming a <strong>foreign tax credit under s. 126 ITA<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddee\ud83c\uddf9-italy-1'  id=\"boomdevs_70\" class=\"wp-block-heading\">\ud83c\uddee\ud83c\uddf9 Italy<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What are Italy\u2019s property taxes for Canadian residents?<\/strong><br>Expect to pay <strong>IMU (municipal tax)<\/strong>, <strong>IVIE (wealth tax on foreign property)<\/strong>, and report rental income on <strong>Form RW and Redditi PF<\/strong>. Canadian residents declare the rental income in Canada and report the property under <strong>T1135<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Are there penalties for not declaring foreign property in Italy?<\/strong><br>Yes. Failure to file <strong>Form RW<\/strong> may result in steep fines and criminal exposure under Italy\u2019s anti-evasion laws.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf5\ud83c\uddf9-portugal-1'  id=\"boomdevs_71\" class=\"wp-block-heading\">\ud83c\uddf5\ud83c\uddf9 Portugal<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>I own a rental apartment in Lisbon\u2014what are my tax filing obligations?<\/strong><br>Non-residents must file <strong>Modelo 3 with Annex F or J<\/strong> to report rental income. Canadian residents must also declare the income to CRA and may claim foreign tax credits under the <strong>Canada-Portugal Tax Treaty<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Does the NHR regime help with property tax?<\/strong><br>Portugal&#8217;s <strong>Non-Habitual Residency<\/strong> regime offers some relief on global income, but real estate is generally taxed in Portugal and subject to reporting in Canada.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddec\ud83c\uddf7-greece'  id=\"boomdevs_72\" class=\"wp-block-heading\">\ud83c\uddec\ud83c\uddf7 Greece<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Do I have to declare Greek property to Canadian tax authorities?<\/strong><br>Yes. CRA requires reporting under <strong>Form T1135<\/strong> if value exceeds $100,000. Rental income must be included on your T1 return. In Greece, file <strong>E2 and E1 forms<\/strong> to declare income and deductions locally.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Are there Greek property taxes for foreigners?<\/strong><br>Yes. <strong>ENFIA (property tax)<\/strong> is imposed annually. Rental income is taxed at progressive rates from 15% to 45% for non-residents.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddec\ud83c\udde7-united-kingdom-1'  id=\"boomdevs_73\" class=\"wp-block-heading\">\ud83c\uddec\ud83c\udde7 United Kingdom<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>I\u2019m selling a London flat held in my name. Do I pay UK tax?<\/strong><br>Yes. Even non-residents must file <strong>UK NRCGT return (Non-Resident Capital Gains Tax Return)<\/strong> within 60 days of completion. UK tax is generally 18% or 28% depending on gains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How do I report U.K. rental income to CRA?<\/strong><br>Declare rental income via <strong>Form T776<\/strong>, and include the asset on <strong>T1135<\/strong>. The <strong>Canada-U.K. Tax Treaty<\/strong> provides relief under <strong>Article 6 and Article 13<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf3\ud83c\uddf1-netherlands-1'  id=\"boomdevs_74\" class=\"wp-block-heading\">\ud83c\uddf3\ud83c\uddf1 Netherlands<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Is Dutch property income taxable in Canada?<\/strong><br>Yes. You must declare net rental income from Dutch real estate in Canada. Dutch income is taxed in <strong>Box 3<\/strong>, assuming you are non-Dutch tax resident. Foreign tax credits apply under <strong>s. 126 ITA<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddfa\ud83c\uddf8-united-states-1'  id=\"boomdevs_75\" class=\"wp-block-heading\">\ud83c\uddfa\ud83c\uddf8 United States<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What forms are required when a Canadian sells U.S. real estate?<\/strong><br>FIRPTA requires 15% withholding unless you file <strong>Form 8288-B<\/strong>. Gains are reported on <strong>Form 1040NR<\/strong>, and buyers file <strong>Form 8288 and 8288-A<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What are the tax implications for Canadians with U.S. rental property?<\/strong><br>You must file <strong>Form 1040NR<\/strong>, include a U.S. ITIN, and attach <strong>Schedule E<\/strong> to report net income. CRA requires you to report this on your Canadian return and file <strong>T1135<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde6\ud83c\uddfa-australia-1'  id=\"boomdevs_76\" class=\"wp-block-heading\">\ud83c\udde6\ud83c\uddfa Australia<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What tax applies when I sell property in Australia as a Canadian resident?<\/strong><br>You must file an <strong>Australian Capital Gains Tax (CGT) return<\/strong>, and if you are a non-resident, you are excluded from the <strong>Main Residence Exemption<\/strong>. CRA will also tax the gain, subject to a <strong>foreign tax credit under the Canada-Australia Treaty<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddef\ud83c\uddf5-japan-1'  id=\"boomdevs_77\" class=\"wp-block-heading\">\ud83c\uddef\ud83c\uddf5 Japan<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How is rental income from Japanese real estate taxed?<\/strong><br>Rental income is taxed locally under <strong>Japanese Income Tax Act<\/strong>, and you must file a local return. Canada requires declaration via <strong>Form T776<\/strong> and <strong>T1135<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddee\ud83c\uddf3-india-1'  id=\"boomdevs_78\" class=\"wp-block-heading\">\ud83c\uddee\ud83c\uddf3 India<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Do I pay tax in India when selling property as a Canadian resident?<\/strong><br>Yes. Non-residents are subject to <strong>Section 195 TDS<\/strong>, requiring up to 20% withholding. You must also file an Indian return, and then report the sale to CRA for tax credit purposes.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde8\ud83c\uddf3-china-1'  id=\"boomdevs_79\" class=\"wp-block-heading\">\ud83c\udde8\ud83c\uddf3 China<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What tax filings are needed if I own real estate in China?<\/strong><br>Foreigners must pay property tax and land use fees. Income is taxed at progressive rates. Reporting is complex due to <strong>currency and ownership restrictions<\/strong>. CRA requires Canadian residents to disclose rental income and ownership on <strong>Form T1135<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf8\ud83c\uddec-singapore-1'  id=\"boomdevs_80\" class=\"wp-block-heading\">\ud83c\uddf8\ud83c\uddec Singapore<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Are there real estate taxes for foreign property owners?<\/strong><br>Yes. Expect <strong>Additional Buyer\u2019s Stamp Duty (ABSD)<\/strong>, <strong>Property Tax<\/strong>, and capital gains exemption depending on intent. Rental income must be declared locally and to CRA.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udded\ud83c\uddf0-hong-kong-1'  id=\"boomdevs_81\" class=\"wp-block-heading\">\ud83c\udded\ud83c\uddf0 Hong Kong<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Do I need to report a Hong Kong property to CRA?<\/strong><br>Yes, if property value exceeds $100,000 CAD. Hong Kong has no capital gains tax, but rental income is taxed at flat rates. Declare rental income in Canada using <strong>Form T776<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf0\ud83c\uddf7-south-korea-1'  id=\"boomdevs_82\" class=\"wp-block-heading\">\ud83c\uddf0\ud83c\uddf7 South Korea<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is the tax on Korean real estate income for Canadian residents?<\/strong><br>Non-residents pay local income tax on rentals and possible transfer tax. Gains are taxed up to 45%. CRA expects full disclosure on <strong>T776<\/strong> and <strong>T1135<\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddf2\ud83c\uddfe-malaysia-|-\ud83c\uddf5\ud83c\udded-philippines-|-\ud83c\uddf9\ud83c\udded-thailand-|-\ud83c\uddfb\ud83c\uddf3-vietnam'  id=\"boomdevs_83\" class=\"wp-block-heading\">\ud83c\uddf2\ud83c\uddfe Malaysia | \ud83c\uddf5\ud83c\udded Philippines | \ud83c\uddf9\ud83c\udded Thailand | \ud83c\uddfb\ud83c\uddf3 Vietnam<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What are the risks of not reporting Asian property holdings to CRA?<\/strong><br>Canadian residents with real estate in these countries often overlook reporting obligations. CRA may assess penalties under <strong>s. 233.3 ITA<\/strong>, and failure to declare foreign income or capital gains can trigger reassessments or audits.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\udde7\ud83c\uddf7-brazil-|-\ud83c\udde6\ud83c\uddf7-argentina-|-\ud83c\uddf2\ud83c\uddfd-mexico'  id=\"boomdevs_84\" class=\"wp-block-heading\">\ud83c\udde7\ud83c\uddf7 Brazil | \ud83c\udde6\ud83c\uddf7 Argentina | \ud83c\uddf2\ud83c\uddfd Mexico<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Are Latin American real estate gains taxed in Canada?<\/strong><br>Yes. All worldwide capital gains and rental income must be declared to CRA. Treaties (where applicable) may allow for foreign tax credits.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udcde-speak-with-an-international-real-estate-tax-advisor'  id=\"boomdevs_85\" class=\"wp-block-heading\">\ud83d\udcde Speak With an International Real Estate Tax Advisor<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-19'  id=\"boomdevs_86\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccd <strong>Toronto Tax Consulting \u2013 International Real Estate Tax Advice and Planning Downtown Toronto<\/strong><br>Serving Canadians with <strong>real estate holdings across the G20, EU, Asia-Pacific, and the Americas.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udcde Tel: (416) 628-7824 Ext. 2<br>\ud83d\udce7 Email: <a>info@torontotaxconsulting.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\uddc2\ufe0f <em>CRA-compliant. Treaty-based. Cross-border focused.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udd0e-questions-we-frequently-get-for-international-real-estate'  id=\"boomdevs_87\" class=\"wp-block-heading\">\ud83d\udd0e Questions We Frequently Get for International Real Estate<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-20'  id=\"boomdevs_88\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What taxes do I pay as a Canadian resident selling property in Europe?<\/strong><br>You will owe Canadian capital gains tax, potentially foreign tax, and may require treaty relief.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Do I need to declare foreign rental income to CRA?<\/strong><br>Yes. All foreign rental income must be reported. Deductions and tax credits may apply.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How can I reduce FIRPTA withholding as a Canadian selling U.S. real estate?<\/strong><br>By applying for a <strong>withholding certificate (Form 8288-B)<\/strong> in advance, and relying on treaty benefits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Should I hold U.K. property in a company or trust?<\/strong><br>That depends. <strong>ATED, CGT, SDLT<\/strong> and <strong>Canadian CFC rules<\/strong> must be analyzed first.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What are the CRA reporting obligations for foreign real estate over $100,000 CAD?<\/strong><br>You must file <strong>Form T1135<\/strong> each year, or face penalties up to $2,500+ per year.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83d\udcde-book-a-consultation-international-real-estate-tax-advice'  id=\"boomdevs_89\" class=\"wp-block-heading\">\ud83d\udcde Book a Consultation &#8211; International Real Estate Tax Advice <\/h2>\n\n\n\n<h5 id='international-real-estate-tax-21'  id=\"boomdevs_90\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">If you own, rent, inherit, or plan to sell real estate across borders, particularly within the <strong>G20 or EU<\/strong>, we offer precise legal and tax solutions tailored to your needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Toronto Tax Consulting is one of Canada\u2019s leading authorities on international real estate taxation and <strong>compliance strategy<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udccd Visit us at 401 Bay Street or 1 Dundas St West, Downtown Toronto<br>\ud83d\udcde Call us at (416) 628-7824 Ext. 2<br>\ud83d\udce7 Email: <a>info@torontotaxconsulting.com<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Toronto Tax Consulting<\/strong><br><em>Real International Real  Estate Tax Advice and Planning Downtown Toronto \u2013 Cross-Border. Treaty-Based. Compliant.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf10-foreign-tax-authorities'  id=\"boomdevs_91\" class=\"wp-block-heading\">\ud83c\udf10 <strong>Foreign Tax Authorities<\/strong><\/h2>\n\n\n\n<h5 id='international-real-estate-tax-22'  id=\"boomdevs_92\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 id='\ud83c\udde8\ud83c\udde6-canada-1'  id=\"boomdevs_93\" class=\"wp-block-heading\">\ud83c\udde8\ud83c\udde6 <strong>Canada<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Canada Revenue Agency (CRA)<\/strong> \u2013 <a>https:\/\/www.canada.ca\/en\/revenue-agency.html<\/a><\/li>\n<\/ul>\n\n\n\n<h3 id='\ud83c\uddfa\ud83c\uddf8-united-states-2'  id=\"boomdevs_94\" class=\"wp-block-heading\">\ud83c\uddfa\ud83c\uddf8 <strong>United States<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Internal Revenue Service (IRS)<\/strong> \u2013 <a href=\"https:\/\/www.irs.gov\" target=\"_blank\" rel=\"noopener\">https:\/\/www.irs.gov<\/a><\/li>\n<\/ul>\n\n\n\n<h2 id='\ud83c\uddea\ud83c\uddfa-european-union-member-states'  id=\"boomdevs_95\" class=\"wp-block-heading\">\ud83c\uddea\ud83c\uddfa <strong>European Union Member States<\/strong><\/h2>\n\n\n\n<h5 id='international-real-estate-tax-23'  id=\"boomdevs_96\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Austria (BMF)<\/strong> \u2013 <a href=\"https:\/\/www.bmf.gv.at\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bmf.gv.at<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Belgium (SPF Finances)<\/strong> \u2013 <a>https:\/\/finances.belgium.be<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Bulgaria (NRA)<\/strong> \u2013 <a>https:\/\/nra.bg<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Croatia (Porezna uprava)<\/strong> \u2013 <a>https:\/\/www.porezna-uprava.hr<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Cyprus (Tax Department)<\/strong> \u2013 <a>https:\/\/www.mof.gov.cy<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Czech Republic (Financial Administration)<\/strong> \u2013 <a>https:\/\/www.financnisprava.cz<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Denmark (SKAT)<\/strong> \u2013 <a>https:\/\/www.skat.dk<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Estonia (EMTA)<\/strong> \u2013 <a>https:\/\/www.emta.ee<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Finland (Vero Skatt)<\/strong> \u2013 <a>https:\/\/www.vero.fi<\/a><\/li>\n\n\n\n<li class=\"\"><strong>France (DGFiP)<\/strong> \u2013 <a>https:\/\/www.impots.gouv.fr<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Germany (BZSt)<\/strong> \u2013 <a>https:\/\/www.bzst.de<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Greece (AADE)<\/strong> \u2013 <a>https:\/\/www.aade.gr<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Hungary (NAV)<\/strong> \u2013 <a>https:\/\/nav.gov.hu<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Ireland (Revenue Commissioners)<\/strong> \u2013 <a>https:\/\/www.revenue.ie<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Italy (Agenzia delle Entrate)<\/strong> \u2013 <a>https:\/\/www.agenziaentrate.gov.it<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Latvia (VID)<\/strong> \u2013 <a>https:\/\/www.vid.gov.lv<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Lithuania (VMI)<\/strong> \u2013 <a>https:\/\/www.vmi.lt<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Luxembourg (ACD)<\/strong> \u2013 <a>https:\/\/impotsdirects.public.lu<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Malta (Commissioner for Revenue)<\/strong> \u2013 <a>https:\/\/cfr.gov.mt<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Netherlands (Belastingdienst)<\/strong> \u2013 <a>https:\/\/www.belastingdienst.nl<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Poland (KAS)<\/strong> \u2013 <a>https:\/\/www.podatki.gov.pl<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Portugal (Autoridade Tribut\u00e1ria e Aduaneira)<\/strong> \u2013 <a>https:\/\/www.portaldasfinancas.gov.pt<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Romania (ANAF)<\/strong> \u2013 <a>https:\/\/www.anaf.ro<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Slovakia (Finan\u010dn\u00e1 spr\u00e1va)<\/strong> \u2013 <a>https:\/\/www.financnasprava.sk<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Slovenia (FURS)<\/strong> \u2013 <a>https:\/\/www.fu.gov.si<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Spain (AEAT)<\/strong> \u2013 <a>https:\/\/www.agenciatributaria.es<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Sweden (Skatteverket)<\/strong> \u2013 <a>https:\/\/www.skatteverket.se<\/a><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0d-g20-non-eu-members'  id=\"boomdevs_97\" class=\"wp-block-heading\">\ud83c\udf0d <strong>G20 Non-EU Members<\/strong><\/h2>\n\n\n\n<h5 id='international-real-estate-tax-24'  id=\"boomdevs_98\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>United Kingdom (HMRC)<\/strong> \u2013 <a>https:\/\/www.gov.uk\/government\/organisations\/hm-revenue-customs<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Australia (ATO)<\/strong> \u2013 <a>https:\/\/www.ato.gov.au<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Brazil (Receita Federal)<\/strong> \u2013 <a>https:\/\/www.gov.br\/receitafederal<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Argentina (AFIP)<\/strong> \u2013 <a>https:\/\/www.afip.gob.ar<\/a><\/li>\n\n\n\n<li class=\"\"><strong>India (CBDT\/Income Tax Department)<\/strong> \u2013 <a>https:\/\/www.incometaxindia.gov.in<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Indonesia (DJP)<\/strong> \u2013 <a>https:\/\/www.pajak.go.id<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Japan (NTA)<\/strong> \u2013 <a>https:\/\/www.nta.go.jp<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Mexico (SAT)<\/strong> \u2013 <a>https:\/\/www.sat.gob.mx<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Russia (FNS)<\/strong> \u2013 <a>https:\/\/www.nalog.ru<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Saudi Arabia (ZATCA)<\/strong> \u2013 <a>https:\/\/zatca.gov.sa<\/a><\/li>\n\n\n\n<li class=\"\"><strong>South Africa (SARS)<\/strong> \u2013 <a>https:\/\/www.sars.gov.za<\/a><\/li>\n\n\n\n<li class=\"\"><strong>South Korea (NTS)<\/strong> \u2013 <a>https:\/\/www.nts.go.kr<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Turkey (GIB)<\/strong> \u2013 <a>https:\/\/www.gib.gov.tr<\/a><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='\ud83c\udf0f-key-asia-pacific-tax-authorities'  id=\"boomdevs_99\" class=\"wp-block-heading\">\ud83c\udf0f <strong>Key Asia-Pacific Tax Authorities<\/strong><\/h2>\n\n\n\n<h5 id='international-real-estate-tax-25'  id=\"boomdevs_100\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Singapore (IRAS)<\/strong> \u2013 <a>https:\/\/www.iras.gov.sg<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Hong Kong (IRD)<\/strong> \u2013 <a>https:\/\/www.ird.gov.hk<\/a><\/li>\n\n\n\n<li class=\"\"><strong>China (STA)<\/strong> \u2013 <a>http:\/\/www.chinatax.gov.cn<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Malaysia (LHDN)<\/strong> \u2013 <a>https:\/\/www.hasil.gov.my<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Thailand (RD)<\/strong> \u2013 <a>https:\/\/www.rd.go.th<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Vietnam (GDT)<\/strong> \u2013 <a>https:\/\/www.gdt.gov.vn<\/a><\/li>\n\n\n\n<li class=\"\"><strong>Philippines (BIR)<\/strong> \u2013 <a>https:\/\/www.bir.gov.ph<\/a><\/li>\n\n\n\n<li class=\"\"><strong>New Zealand (IRD)<\/strong> \u2013 <a>https:\/\/www.ird.govt.nz<\/a><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 id='our-locations-international-real-estate-tax'  id=\"boomdevs_101\" class=\"wp-block-heading\">Our Locations &#8211; International Real Estate Tax<\/h2>\n\n\n\n<h5 id='international-real-estate-tax-26'  id=\"boomdevs_102\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 id='\ud83c\udde8\ud83c\udde6canadian-offices'  id=\"boomdevs_103\" class=\"wp-block-heading has-medium-font-size\"><strong> <strong>\ud83c\udde8\ud83c\udde6<\/strong>Canadian Offices<\/strong><\/h3>\n\n\n\n<h5 id='international-real-estate-tax-27'  id=\"boomdevs_104\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table has-medium-font-size\"><table class=\"has-fixed-layout\"><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Downtown Toronto<\/strong> <strong>(Bay &amp; Queen)<\/strong><br>Toronto Tax Consulting<br>\ud83d\udccd401 Bay St, Suite 1600<br>Toronto, ON M5H 2Y4<br>\ud83d\udcde 416-628-7824 Ext.2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Downtown Toronto<\/strong> <strong>(Yonge &amp; Dundas)<\/strong><br><a href=\"https:\/\/www.torontotaxconsulting.com\/home\/international-tax-advice-and-planning-yonge-and-dundas-1-dundas-st-w-suite-2500\/\" data-type=\"page\" data-id=\"999\">Toronto Tax Consulting<\/a><br>\ud83d\udccd1 Dundas St W, Suite 2500<br>Toronto, ON M5G 1Z3<br>\ud83d\udcde 416-628-7824 Ext.2<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Downtown Toronto<\/strong><br><a href=\"http:\/\/www.internationaltaxadvisortoronto.com\" target=\"_blank\" rel=\"noopener\">International Tax Advisor Office<\/a><br>\ud83d\udccd161 Bay St, 27th Floor<br>Toronto, ON M5J 2S1<br>\ud83d\udcde 1-800-693-5950<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Midtown Toronto<\/strong> <strong>(Yonge &amp; St.Clair)<\/strong><br><a href=\"https:\/\/www.torontotaxconsulting.com\/home\/international-tax-advice-and-planning-midtown-toronto\/\" data-type=\"page\" data-id=\"2214\">Toronto Tax Consulting<\/a><br>\ud83d\udccd2 St. Clair Ave W, 18th Floor<br>Toronto, ON M4V 1L5<br>\ud83d\udcde (647) 951-2348 Ext.2<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Downtown Toronto (Yonge &amp; Bloor)<\/strong><br><a href=\"https:\/\/www.torontotaxconsulting.com\/home\/international-tax-planning-yonge-and-bloor\/\" data-type=\"page\" data-id=\"2232\">Toronto Tax Consulting<\/a><br>\ud83d\udccd2 Bloor Street West, Suite 700<br>Toronto, ON M4W 3E2<br>\ud83d\udcde (647) 951-2013 Ext.2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Etobicoke, ON<\/strong><br><a href=\"http:\/\/www.etobicoketaxconsulting.com\" target=\"_blank\" rel=\"noopener\">Etobicoke Tax Consulting<\/a><br>\ud83d\udccd3250 Bloor St W, Suite 600 East Tower<br>Etobicoke, ON M8X 2X9<br>\ud83d\udcde 1-800-717-4162 Ext.2<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>North York, ON<\/strong> <strong>(Yonge &amp; Sheppard)<\/strong><br><a href=\"http:\/\/www.northyorktaxconsulting.com\" target=\"_blank\" rel=\"noopener\">North York Tax Consulting<\/a><br>\ud83d\udccd4711 Yonge St, 10th Floor<br>Toronto, ON M2N 6K8<br>\ud83d\udcde 416-628-7824<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Mississauga, ON<\/strong> <strong>(Square One)<\/strong><br><a href=\"http:\/\/Mississaugataxconsulting.com\" target=\"_blank\" rel=\"noopener\">Mississauga Tax Consulting<\/a><br>\ud83d\udccd4 Robert Speck Parkway, Suite 1500<br>Mississauga, ON L4Z 1S1<br>\ud83d\udcde 1-888-905-7577<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Oakville, ON<\/strong><br><a href=\"https:\/\/www.torontotaxconsulting.com\/home\/international-tax-advice-and-planning-oakville-2010-winston-park-dr-suite-200\/\" data-type=\"page\" data-id=\"1078\">Toronto Tax Consulting<\/a><br>\ud83d\udccd2010 Winston Park Dr, Suite 200<br>Oakville, ON L6H 5R7<br>\ud83d\udcde 1-888-905-7577<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Markham, ON<\/strong><br><a href=\"http:\/\/www.markhamtaxconsulting.com\" target=\"_blank\" rel=\"noopener\">Markham Tax Consulting<\/a><br>\ud83d\udccd15 Allstate Parkway, Suite 600<br>Markham, ON L3R 5B4<br>\ud83d\udcde 416-628-7824<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddfa\ud83c\uddf8-u-s-offices'  id=\"boomdevs_105\" class=\"wp-block-heading\"><strong>\ud83c\uddfa\ud83c\uddf8 U.S. Offices<\/strong><\/h3>\n\n\n\n<h5 id='international-real-estate-tax-28'  id=\"boomdevs_106\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table has-medium-font-size\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>New York, NY<\/strong><br><a href=\"https:\/\/www.torontotaxconsulting.com\/home\/international-tax-advisor-new-york\/\" data-type=\"page\" data-id=\"2165\">Toronto Tax Consulting<\/a><br>\ud83d\udccd100 Park Avenue, Suite 1600<br>New York, NY 10017<br>\ud83d\udcde 646-995-5187<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Chicago, IL<\/strong><br>Toronto Tax Consulting<br>\ud83d\udccd30 S Wacker Dr, Suite 2200<br>Chicago, IL 60606<br>\ud83d\udcde 1-800-717-4162<\/td><\/tr><tr><td><strong>Washington, DC<\/strong><br>Toronto Tax Consulting<br>\ud83d\udccd1200 G St NW, Suite 800<br>Washington, DC 20005<br>\ud83d\udcde 1-800-693-5950<\/td><td class=\"has-text-align-left\" data-align=\"left\"><strong>Pasadena, CA<\/strong><br>Toronto Tax Consulting<br>\ud83d\udccdCentury Square, 155 N Lake Ave, Suite 800<br>Pasadena, CA 91101<br>\ud83d\udcde 1-800-693-5950<\/td><\/tr><tr><td><strong>Miami, FL<\/strong><br>Toronto Tax Consulting<br>\ud83d\udccd201 South Biscayne Boulevard<br>Miami, FL 33131<br>\ud83d\udcde 1-800-693-5950<\/td><td class=\"has-text-align-left\" data-align=\"left\"><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 id='\ud83c\uddec\ud83c\udde7-european-offices'  id=\"boomdevs_107\" class=\"wp-block-heading\"><strong>\ud83c\uddec\ud83c\udde7 European Offices<\/strong><\/h3>\n\n\n\n<h5 id='international-real-estate-tax-29'  id=\"boomdevs_108\" class=\"wp-block-heading\"><strong>International Real Estate Tax<\/strong><\/h5>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table has-medium-font-size\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>London, UK<\/strong><br>Toronto Tax Consulting<br>37th Floor, Canary Wharf, 1 Canada Square<br>London, E14 5AA, United Kingdom<br>\ud83d\udcde +44 20 3885 6292<\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id='international-real-estate-tax-30'  id=\"boomdevs_109\" class=\"wp-block-heading has-text-align-center has-medium-font-size\"><strong>International Real Estate Tax<\/strong><\/h2>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n\n\n<h2 id='international-real-estate-tax-31'  id=\"boomdevs_110\" class=\"wp-block-heading has-text-align-center has-medium-font-size\"><strong>International Real Estate Tax<\/strong><\/h2>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\ud83c\udfe2 International Real Estate Tax Advice and Planning in Downtown Toronto Your Trusted International Real Estate Tax Advisor for G20 &amp; EU Cross-Border Matters \ud83d\udccd Toronto Tax Consulting \u2013 401 Bay Street, Suite 1600 &amp; 1 Dundas St W, Suite 2500, Downtown Toronto\ud83d\udcde Tel: (416) 628-7824 Ext. 2 | \ud83d\udce7 Email: info@torontotaxconsulting.com Why You Need [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/page-full.php","meta":{"nf_dc_page":"","footnotes":""},"categories":[8],"tags":[553,559,524,558,548,532,563,567,569,521,561,528,523,525,536,533,562,556,540,522,541,547,550,568,534,527,538,520,560,564,544,545,554,555,549,531,565,537,526,543,535,519,557,546,542,551,552,529,530,566,539,331],"class_list":["post-2514","page","type-page","status-publish","hentry","category-international-tax","tag-1040nr-firpta-tax-filing","tag-anlage-v-germany-real-estate-income","tag-asia-real-estate-tax-advisory","tag-ated-uk-property-tax","tag-australia-foreign-property-cgt","tag-canadian-foreign-property-tax-compliance","tag-cra-real-estate-international-compliance","tag-creditor-proofing-real-estate-investments","tag-cross-border-property-ownership-risks","tag-cross-border-real-estate-tax-advisor","tag-double-taxation-relief-real-estate","tag-downtown-toronto-real-estate-tax-services","tag-eu-real-estate-tax-planning","tag-foreign-property-tax-services","tag-foreign-real-estate-ownership-tax","tag-foreign-rental-income-tax","tag-foreign-tax-credit-real-estate","tag-form-rw-italy-foreign-property-reporting","tag-france-property-tax-advisor","tag-g20-real-estate-tax-compliance","tag-germany-real-estate-tax-filing","tag-hong-kong-real-estate-tax-filing","tag-india-nri-property-tax-filing","tag-inheritance-tax-planning-foreign-property","tag-international-capital-gains-tax-real-estate","tag-international-property-tax-consultant","tag-international-property-tax-planning","tag-international-real-estate-tax-planning","tag-international-tax-treaties-real-estate","tag-irs-firpta-cross-border-real-estate","tag-italy-property-tax-compliance","tag-japan-real-estate-tax-advice","tag-modelo-210-spain-property-tax","tag-modelo-3-portugal-irs-filing","tag-new-zealand-bright-line-real-estate-tax","tag-non-resident-canadian-real-estate-tax","tag-oecd-property-tax-rules","tag-offshore-real-estate-tax-structures","tag-overseas-real-estate-tax-filing","tag-portugal-real-estate-nhr-tax-planning","tag-principal-residence-exemption-cross-border","tag-real-estate-tax-advisor-toronto","tag-sa100-uk-property-return","tag-singapore-property-tax-advisory","tag-spain-property-capital-gains-tax","tag-t1135-foreign-property-reporting","tag-t2062-clearance-certificate-canadian-property","tag-toronto-cross-border-property-tax","tag-toronto-international-tax-advisor","tag-trust-and-corporate-real-estate-structures","tag-uk-real-estate-tax-for-canadians","tag-us-real-estate-tax-for-canadians"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/pages\/2514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/comments?post=2514"}],"version-history":[{"count":5,"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/pages\/2514\/revisions"}],"predecessor-version":[{"id":2523,"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/pages\/2514\/revisions\/2523"}],"wp:attachment":[{"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/media?parent=2514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/categories?post=2514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/torontotaxconsulting.com\/home\/wp-json\/wp\/v2\/tags?post=2514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}