Failure to File a Notice of Disposition of Taxable Québec Property by a Non-Resident Vendor

Coronavirus (COVID-19)

Click Coronavirus Disease (COVID-19) to see whether the measures adopted by Revenu Québec apply to the information on this page.

If you are a non-resident vendor and you disposed of (that is, sold, transferred, gave, bequeathed, etc.) taxable Québec property, you usually have to file a notice of disposition.

Within 10 days of the date of disposition, send a notice of disposition by registered mail to:

Revenu Québec
3800, rue de Marly
Québec (Québec)  G1X 4A5

If you fail to send us a notice of disposition within the prescribed time period, you will be liable to a penalty of $25 for every day you are late, up to a maximum of $2,500.

However, you are not required to file a notice of disposition of property and you will not be subject to a penalty if you have filed a notice of proposed disposition and:

  • the actual purchaser is the purchaser specified in the notice of proposed disposition;
  • the actual proceeds of disposition are not more than the proceeds specified in the notice of proposed disposition; and
  • the adjusted cost base (ACB) immediately before the disposition is not less than the ACB specified in the notice of proposed disposition.

For more information, see form TP-1097-V, Notice of Disposition or Proposed Disposition of Taxable Québec Property by an Individual or Corporation Not Resident in Canada.

Fair. For all.

One vision. Concrete actions.

Read all about how we work to support and inform you. Our vision and values guide us as we carry out our role.

Veuillez patienter