I am non resident Brit who has income from canadian etf's so unsure if i can reduce withholding tax to zero from 15% where i live in thailand? thx!

Forum|Forum|3 years ago
January 12, 2023
1 reply
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Is it possible basically to file and claim back the 15% taken at source already from IBKR or 15% is the best it will be?

Best answer by TurboTaxSusan

You would not be able to file a tax return in Canada without a Social Insurance Number or an Individual Tax Number. You would need one of these numbers no matter how you choose to prepare your taxes.

Also, our Full-service team is not able to prepare Non-resident returns.

TurboTaxSusan

It might be possible. This Canada Revenue Agency (CRA) has more information: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/non-resident-deductions/applying-a-waiver-a-reduction-withholding.html

rollers1977Author

Ok many thanks for the reply. That said is this a service that TurboTax can do for me and if so how do i go about filing this as i don't have a Tax number in Canada and seems like system won't let me proceed without one.

Perhaps i can email someone here directly if they would like to take up my filing for me , is that possible ?

Thanks ! J

TurboTaxSusanAnswer

You would not be able to file a tax return in Canada without a Social Insurance Number or an Individual Tax Number. You would need one of these numbers no matter how you choose to prepare your taxes.

Also, our Full-service team is not able to prepare Non-resident returns.