A non-resident vendor disposing of taxable Canadian property or the vendor's representative typically files T2062 to request the CRA certificate of compliance to avoid statutory withholding.

Can a U.S. seller use an electronic signature

Electronic signatures are acceptable where the CRA or the receiving agent accepts digital copies; ensure the platform preserves audit trails and file integrity and check CRA guidance for original document requirements.

What supporting documents are required

Common attachments include the purchase agreement, identification, power of attorney, and tax residency documentation; the CRA may request additional evidence during review.

What if the CRA rejects the application

If rejected, correct deficiencies promptly and resubmit; unresolved issues can lead to mandatory withholding and delayed release of sale proceeds.

How long does CRA take to issue a certificate

Processing times vary and can be several weeks; submit early of closing and monitor correspondence to avoid escrow hold-ups.

Do I need cross-border tax advice

Yes. Treaty considerations, U.S. reporting, and interplay with Canadian withholding rules often require tax counsel to minimize withholding and ensure correct filings.

Tax Form T2062

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

TAX FORM T2062

Transferor (Non-Resident) Information

Full legal name of transferor Business name (if applicable)

Entity type: Individual / Sole Proprietor C Corp S Corp Partnership Trust / Estate LLC Other

Country of residence for tax purposes Permanent address

Tax Identification Number

Provide the Taxpayer Identification Number used in the transferor's country of residence. If available, provide a Social Security Number or Employer Identification Number below.

Social Security Number (if applicable) Employer Identification Number (if applicable)

Representative in jurisdiction (if any)

Representative name / firm Representative address

Representative telephone: Representative email:

Purchaser / Transferee Information

Name of purchaser or transferee Purchaser address

Is the purchaser holding any portion of the proceeds pending certificate? Yes No

Description of Property Disposed

Description (include location, legal description, folio or parcel numbers as applicable)

Date of disposition: Day Month Year

Financial Details of Disposition

Gross proceeds of disposition: $

Adjusted cost base (if known): $

Reasonable expenses of disposition: $

Estimated net gain (or loss) on disposition: $

Estimated Tax Calculation

Taxable amount subject to withholding: $

Applicable withholding rate: Estimated tax due: $

Amount withheld to date by purchaser (if any): $

Certification and Declarations

I, the undersigned transferor, declare under penalty of law that the information provided on this form and any attachments is true, complete and correct to the best of my knowledge. I understand that false statements made knowingly may subject me to penalties under applicable tax statutes.

By signing below I certify the following:

1. I am the transferor or an authorized officer or agent of the transferor and have authority to sign this request for a certificate of compliance.

2. The property described above is the property referred to in this request and the disposition described is accurate and complete.

3. I acknowledge that the tax authority may assess additional tax, interest, or penalties if the information provided is found to be incorrect or incomplete, and I undertake to pay any such amounts.

4. I authorize the purchaser to rely on this certification and to withhold and remit amounts as required under applicable withholding provisions until a certificate of compliance has been issued or other directions are received from the tax authority.

Additional comments or supporting information (attach continuation sheets if necessary)

Signature of Transferor

Print name:

Signature:

Date:

If signing for a corporation, indicate official capacity

What Tax Form T2062 Is and when it applies

Tax Form T2062 is a Canada Revenue Agency (CRA) form used by non-residents who dispose of taxable Canadian property to request a certificate of compliance under subsection 116 of the Income Tax Act. The certificate confirms the payer withheld the required tax or that the vendor has made appropriate arrangements, and it clears proceeds from sale for release. U.S. persons with Canadian real property or other taxable Canadian property commonly encounter T2062 during cross-border sales; obligations can include withholding, applications, and timelines set by the CRA.

Why completing T2062 correctly matters

A correct T2062 protects the seller from withholding at source, ensures timely transfer of sale proceeds, and helps avoid late penalties or withholding disputes with the CRA.

Who typically prepares or signs Tax Form T2062

The form is usually prepared by non-resident sellers or their Canadian legal or tax representatives when disposing of taxable Canadian property.

Non-resident sellers: U.S. individuals or entities selling Canadian real property or other taxable Canadian property who must request a certificate of compliance.
Canadian payers/agents: Lawyers, notaries, or closing agents who hold proceeds and must see the certificate before releasing funds.
Tax advisors and accountants: Professionals who calculate withholding obligations, complete forms, and liaise with the CRA.

Use qualified cross-border tax counsel when values, residency status, or treaty relief are unclear to reduce the risk of withholding and penalties.

Core sections to expect on a professional T2062

A complete T2062 groups seller details, property description, certificate request, tax calculations, payer attestations, and supporting declarations in clearly labeled sections.

Seller Info

Legal name, country of residence, taxpayer identification (U.S. TIN or SSN if applicable), and mailing address for the non-resident vendor.

Property Details

Precise description of the taxable Canadian property, including cadastral or legal description, address, vendor interest percentage, and disposition date.

Disposition Data

Sale price, adjustments, proceeds held in trust by a payer, and the gross amount subject to withholding calculations.

Withholding Calculation

Computed withholding based on statutory rates or substituted withholding amount if the seller has requested a certificate of compliance.

Payer Attestation

Signature block and declaration for the Canadian payer/agent confirming amounts held and authorization to remit to CRA as required.

Supporting Documents

Required attachments such as purchase agreements, proof of residency, power of attorney, and any tax counsel opinions supporting treaty claims.

Essential data points required on the form

Vendor Name: Full legal name

Residency: Country of residence

TIN: U.S. TIN or foreign tax ID

Property ID: Legal description

Disposition Date: MM/DD/YYYY format

Sale Price: Gross consideration

Step-by-step: how to prepare and submit a T2062

Follow a consistent sequence to reduce errors: gather documents, calculate withholding, complete T2062, attach evidence, submit to CRA, and obtain the certificate.

01

Gather Documents: Collect sale agreement, ID, and corporate records.
02

Compute Withholding: Calculate gross amount subject to withholding.
03

Complete Form: Enter fields, attach supporting documents.
04

Submit to CRA: Send application and wait for certificate issuance.

Where to send the completed T2062 and what follows

The completed form and supporting documents are submitted to the CRA office designated for international tax or as directed in CRA guidance; the CRA reviews and issues a certificate of compliance if satisfied.

Submission: Mail or electronic submission to CRA as instructed.
CRA Review: CRA validates identity, amounts, and supporting evidence.
Certificate Issuance: CRA issues certificate if requirements are met.
Release of Funds: Payer releases sale proceeds after viewing certificate.

Digital preparation workflow: fields and configurations

When preparing T2062 online, establish a consistent workflow for uploading documents, collecting signatures, and storing audit evidence for cross-border compliance.

Field	Configuration
Seller Identity	Require full legal name and TIN fields
Property Details	Make legal description mandatory
Supporting Uploads	Require PDFs for purchase agreement and ID
Signature Block	Require printed name, signature, and date

Digital signing and submission considerations

Ensure any eSignature platform you use can capture an audit trail, support required authentication, and retain PDFs in tamper-evident form.

Audit Trail: Timestamps, IP, and action logs required
Authentication: Email, SMS, or stronger ID verification
Document Formats: PDF/A or ISO 32000-compliant preferred

For U.S. users, rely on platforms compliant with ESIGN and UETA for enforceability; if handling health data or PHI, require HIPAA-ready workflows and a signed BAA.

Timing and processing expectations for T2062

Plan ahead: CRA processing times vary, and withholding obligations arise at closing. Delays in certificate issuance can delay release of sale proceeds.

Request Timing:

Submit T2062 well before closing to allow CRA review

CRA Processing:

Processing timelines vary; expect several weeks

Withholding Trigger:

Payer must withhold until a certificate is produced

Urgent Requests:

Expedited handling may require additional documentation

Post-Certificate:

Certificate validity tied to stated disposition and amounts

Common penalties and risks from incorrect filings

Excess Withholding: Funds held unnecessarily

CRA Rejection: Application returned for clarification

Late Certification: Closing delays and financial exposure

Incorrect Amounts: Tax reassessments possible

Non-Compliance: Potential penalties under Income Tax Act

Cross-Border Impact: U.S. tax reporting complications

eSignature vendor comparison for processing and signing T2062

Below is a concise vendor comparison focused on baseline pricing, bulk send, audit trail, HIPAA compliance, and envelope or session caps for high-volume document workflows.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No
Envelope / Session Cap	No cap	100 envelopes/user/year	Varies by plan	Varies by plan	Varies by plan

Frequently asked questions about Tax Form T2062

Answers cover common completion, submission, timing, and cross-border concerns to help vendors and payers avoid delays and withholding errors.

Need help? Contact support

Who must file T2062
A non-resident vendor disposing of taxable Canadian property or the vendor's representative typically files T2062 to request the CRA certificate of compliance to avoid statutory withholding.
Can a U.S. seller use an electronic signature
Electronic signatures are acceptable where the CRA or the receiving agent accepts digital copies; ensure the platform preserves audit trails and file integrity and check CRA guidance for original document requirements.
What supporting documents are required
Common attachments include the purchase agreement, identification, power of attorney, and tax residency documentation; the CRA may request additional evidence during review.
What if the CRA rejects the application
If rejected, correct deficiencies promptly and resubmit; unresolved issues can lead to mandatory withholding and delayed release of sale proceeds.
How long does CRA take to issue a certificate
Processing times vary and can be several weeks; submit early of closing and monitor correspondence to avoid escrow hold-ups.
Do I need cross-border tax advice
Yes. Treaty considerations, U.S. reporting, and interplay with Canadian withholding rules often require tax counsel to minimize withholding and ensure correct filings.

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