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.
19(1) Jim Wilson
(613)957-2063
HBW 9412-2-3
April 10, 1990
Dear 19(1)
Re: Sovereign Immunity
24(1)We are writing in reply to your letter dated February 21, 1990,
concerning tax exemption for 24(1) Article XXI of the
Canada-United States Income Tax Convention does not apply as the
24(1) is not a resident of either contracting state.
24(1)
may be eligible for exemption from Canadian withholding tax
under the Doctrine of Sovereign Immunity. In this regard, we have
enclosed Information Circular 77-16R3 for your reference.
Paragraph 47 of the Circular describes our department's policy with
respect to sovereign immunity. Before we can made a determination
as to the status of 24(1) we will require the following
information:1) A copy of the investment management agreement between
24(1)
2) A statement form 24(!) confirming that an annual list of Canadian investments to which this exemption applies will be forwarded to this division. The list should include the quantity of shares owned and should be effectible December 31, 1989.
Upon receipt of the above documentation, we will give the matter our prompt attention. We look forward to hearing from you soon.
Yours sincerely,
C. Savage A/Director Provincial and International Relations Division
JW/jb no6-29 File copy Sequence file Author's copy Reading file Access to Info(2)
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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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