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.
DATE: 17 December 1981
TO- Head Office Non-Corporate Rulings
FROM- Source Deductions G E Moss 369-3666
ATTENTION Chief Non-Resident Business & Property Income
RE: Estate & Trust Income Canada - U.K. Tax Convention
According to Article XX of the Canada - U.K. Tax Convention, the lower rate of 15% is applicable only on income received by a resident of the United Kingdom who is the beneficial owner thereof from an estate or trust resident in Canada.
Article XXVII, paragraph 2 appears to provide relief from tax to be allowed under the Convention only with respect to income amounts so remitted or received.
In this regard, may we have your concurrence that estate and trust income paid, credited or allocated to a United Kingdom resident beneficiary less any amount remitted to and received by the beneficiary, is subject to a Non-Resident Tax of 25% effective December 17, 1980.
Source Deductions Section
GEM: ci
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