Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
February 13, 1990
Mr. M.A. Hiltz Provincial and
International
Director Relations Division
Re-Organizations and
Non-Resident J. Wilson
Division 957-2063
- Attention: Ken Major Chief Foreign Section HBW 9412-2-1 EACC8746
PRIVILEGES AND IMMUNITIES
(INTERNATIONAL ORGANIZATIONS) ACT
We are writing in regard to an interpretation of the above-noted Act.
Where the Governor-in-Council, by order, has allowed an international organization to have the privileges and immunities set forth in Article II of the Convention on the Privileges and Immunities of the United Nations, section 7 thereof exempts its assets, income and other property from all direct taxes in Canada. We request your views concerning the tax status of these organization's staff retirement funds.
We are of the opinion that the staff retirement funds (i.e. pension plans) are not exempt (ignoring article XXI of the Canada-U.S. Tax Treaty and subsection 212(14) of the Income Tax Act for the following reasons.
24(1)
We have received an exemption request from the 24(1)
24(1)
However, similar queries concerning other international
organization staff pension plans have been received in the past.
Any comments you may have would be appreciated.
If we can be of assistance, please do not hesitate to contact us. 21(1)(b)
C. Savage
A/Director
Provincial and International
Relations Division
Document Disclosed Pursuant to the Access to Information Act Document Divulgué en vertu de la loi sur l'accès à l'information
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© Her Majesty the Queen in Right of Canada, 1990
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© Sa Majesté la Reine du Chef du Canada, 1990
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