Search - contravention

The Taxpayer also raised an argument to the effect that a broad interpretation of the FAPI base erosion rules might result in a contravention of the arm’s length principle developed in the OECD Transfer Pricing Guidelines. ...

In Canada's view, the AMT rule that restricts the foreign tax credit to a maximum of 90% of the tentative minimum tax (before the credit) is in contravention of the Convention. 7 Such tax otherwise payable is generally the amount of U.S. tax shown on line 40 of Form 1040 U.S. ...

Pursuant to subsection 227(8.1), where a taxpayer failed to deduct or withhold from a non-resident person in contravention of subsection 153(1), the non-resident person is jointly and severally liable with the taxpayer to pay any interest payable by the taxpayer under subsection 227(8.3). ...

., qui se lit ainsi: La personnalité juridique d'une personne morale ne peut être invoquée à l'encontre d'une personne de bonne foi, dès lors qu'on invoque cette personnalité pour masquer la fraude, l'abus de droit ou une contravention à une règle intéressant l'ordre public. ...

Subject to certain exceptions, an International/Exempt SRL may not: (a) acquire or hold land in Barbados, other than land required for its business held by way of lease or a tenancy agreement for a term not exceeding the period fixed in the articles for the duration of the society or such shorter period as circumstances require; (b) transact business with any person resident in Barbados; (c) take deposits from any person in contravention of the Financial Institutions Act. ...

Subject to certain exceptions, an International/Exempt SRL may not: (i) acquire or hold land in Barbados, other than land required for its business held by way of lease or a tenancy agreement for a term not exceeding the period fixed in the articles for the duration of the society or such shorter period as circumstances require; (ii) transact business with any person resident in Barbados; (iii) take deposits from any person in contravention of the Financial Institutions Act. ...

Having determined the Canadian tax law as it applies to this situation, we then considered your question as to whether we believe this domestic rule is in contravention of Article VII of the Treaty. ...

Il en est ainsi lorsque la nullité provient d'une contravention à une règle de forme par exemple. ...

AMT arises, it should be noted that not all the AMT rules apply in contravention of the Convention, only the AMTFTC 90% limitation rule does. 36 Therefore, if the AMT arises not because of the application of the AMTFTC 90% limitation rule (for example, because of the exclusion preferences [i.e., permanent difference] such as certain itemized deductions), each situation shall be dealt with on a case by case basis. ...

AMT arises, it should be noted that not all the AMT rules apply in contravention of the Convention, only the AMTFTC 90% limitation rule does36. ...