Failure to file NR601/NR602

The CRA applies a $50 penalty for each failure to fill out or to deliver an ownership certificate (Form NR601, Non-Resident Ownership Certificate - Withholding Tax, and Form NR602, Non-Resident Ownership Certificate - No Withholding Tax), for the negotiating of bearer coupons or warrants.

Forms and publications

• Form NR601, Non-Resident Ownership Certificate - Withholding Tax
• Form NR602, Non-Resident Ownership Certificate - No Withholding Tax

Related topics

• Cancel or waive interest or penalties