26 April 2017 IFA Roundtable Q. 8, 2017-0691141C6 - NR4 Reporting for non-taxable amount -- summary under Regulation 202(1)

Is an NR4 information return required for amounts paid by a resident to a non-resident person even where there is no required Part XIII withholding?

CRA responded that the Canadian resident must file an NR4 in respect of arm’s-length interest paid to a non-resident that is not subject to Part XIII tax. The filing requirement has not been waived under s. 220(2.1).