Canada Tax Agency Issues Updated Guidance on Payments to Nonresidents for Services Provided Domestically

The Canadian Revenue Agency Dec. 12 issued an updated guidance on payments made to nonresidents for services provided in Canada. Topics covered include: 1) that the specified information return can be filed online starting Jan. 12, 2026, and that taxpayers with more than five information returns of the same type must file electronically; 2) that information returns must be filed on or before the last day of February following the relevant calendar year, or by the following business day if the deadline falls on a weekend; 3) the 15 percent withholding tax rate for fees, commissions, or other amounts paid ...