Non-Resident Tax Forms (Optional)

By sending us a completed Non-Resident Tax Form, your withdrawals and distributions will be taxed at a reduced rate.

If you don’t send us a form – and if the country you reside in doesn’t have a tax treaty with Canada – the higher legislated withholding tax rate of 25% will be applied.

Choose the form that applies to you:

• Individual, Joint, Trust or Corporate Accounts

  NR301 – Declaration of eligibility for benefits (reduced tax) under a tax treaty for a non-resident person

• Accounts Held by Partnerships

  NR302—Declaration of eligibility for benefits (reduced tax) under a tax treaty for a partnership with non-resident partners

• Accounts Held by Hybrid Entities

  NR303 Declaration of eligibility for benefits (reduced tax) under a tax treaty for a hybrid entity

Mail or fax the completed form to:

FRANKLIN TEMPLETON INVESTMENTS
5000 YONGE STREET
SUITE 900
TORONTO, ON M2N 0A7

Toll-Free Fax: 1 (866) 850-8241

Frequently Asked Questions

1. When does the form expire?

   This declaration expires on December 31 three years after the form is signed and dated OR when there is a change to the taxpayer’s eligibility for the declared benefits – whichever is earlier.

2. What if there are multiple account holders? Who needs to submit a form?

   Each holder must complete a separate non-resident tax form for a lower withholding tax rate to be applied to account transactions.

3. What happens if there’s a change in your client’s circumstances?

   If a change in circumstances – like an address change – makes any information on the form incorrect, you and your clients must fill out a new form or call us to cancel to old one.