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.
Attention: Jean Marc Déry
D.S. Delorey
June 3, 1983
Dear Sirs:
Re: Article XVII Canada-U.K. Tax Convention (1978)
Further to your recent discussions with Ms. C. Muirhead of this Department, attached for your files are copies of correspondence concerning the subject matter.
Since you have stated that the intent was to allow a U.K. resident an exemption of $10,000 from Canadian source pension income, plus CPP and OAS payments, and since it is possible to interpret the subject article in a manner so as to give effect to the stated intent, we have taken the position that the $10,000 referred to in the subject article is in respect of pension income otherwise subject to Part XIII tax. Note however that the stated intent will be frustrated if at some future time C.P.P. and O.A.S. payments are subjected to Part XIII tax, unless of course a corresponding change is made to the U.K. Treaty which would have the effect of maintaining the status quo.
Yours truly,
for Director Non-Corporate Rulings Division Art. XVII Canada U.K. Tax Convention (1978)
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© Her Majesty the Queen in Right of Canada, 1983
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© Sa Majesté la Reine du Chef du Canada, 1983
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