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" 2.3 Gel successoral extraterritorial Un contribuable procède à un gel successoral au cours duquel les nouvelles actions ordinaires sont acquises par une société non-résidente incorporée dans une juridiction où la convention fiscale avec le Canada prévoit que le gain en capital provenant de la disposition d'actions par un non-résident n'est pas imposable au Canada. ... En plus des différents arguments techniques qui pourraient être avancés pour contester cette transaction, incluant l'évaluation des actions, ces transactions sont considérées comme un abus du sous-alinéa 110(1)f)(i) de la L.I.R. qui prévoit la déduction dans le calcul du revenu imposable d'un montant exonéré d'impôt par l'effet d'une convention fiscale. 2.4 Dépouillement de surplus Un contribuable procède à la cristallisation de l'exemption pour gains en capital disponible sur des actions admissibles de petite entreprise qu'il détient dans une société opérante. ...

Le juge déclare donc Monsieur propriétaire de la moitié indivise de l'immeuble désigné selon les termes d'une convention signée le XXXXXXXXXX, soit la contre-lettre. ... Dans le jugement du XXXXXXXXXX, le juge a déclaré Monsieur propriétaire de la moitié indivise de l'immeuble selon les termes de la convention (contre-lettre) signée le XXXXXXXXXX. ...

La convention de Société en commandite A prévoit une rémunération pour les services du commandité, Société en commandite B, qui sera payée par Société en commandite A. 8. ... La convention de Société en commandite A prévoit le détail du mécanisme selon lequel Entité A doit soumettre à Société en commandite B les divulgations des propriétés intellectuelles susceptibles d'application commerciale sans obligation de la part de Société en commandite B de valoriser tous les dossiers ainsi soumis, n'acceptant que ceux dont le potentiel de valorisation est élevé. 11. ...

In particular, nothing in this ruling should be construed as implying that the CRA has considered, examined, agreed to, or ruled on, whether: (a) any Unitholder would be considered to be carrying on business in Canada because of the provision of services to them by the Sub-Custodians in reference to the Unitholder’s investments in Canadian securities and consequently, whether the income in respect of the investments referred to herein would be taxable under Part I or Part XIII; (b) any Unitholder is a resident of a country with which Canada has entered into a Tax Treaty, or the manner in which any article of a Tax Treaty applies to any Unitholder; or (c) a Canadian payer or the Sub-Custodians have complied with the withholding requirements under Part XIII (including guidance in respect of financial intermediaries provided in IC76-12R6 “Applicable rate of Part XIII tax on amounts paid or credited to persons in countries with which Canada has a tax convention”, and on the CRA webpage “Pending updates to IC76-12, Applicable rate of Part XIII tax on amounts paid or credited to persons in countries with which Canada has a tax convention related to forms NR301, NR302, and NR303”) in respect of the amounts paid or credited to the Sub-Custodians and the amounts paid or credited by the Sub-Custodians to Unitholders. ...

In particular, nothing in this ruling should be construed as implying that the CRA has considered, examined, agreed to or ruled on: (a) Whether any Unitholder would be considered to be carrying on business in Canada because of the provision of services to them by the Sub-custodian in reference to the Unitholder’s investments in Canadian securities and consequently, whether the income in respect of the investments referred to herein would be taxable under Part I or Part XIII; (b) The Canadian tax implications to a Unitholder that has invested in the Fund or any of its Sub-fund; (c) Whether any Unitholder is a resident of a country with which Canada has entered into a Tax Treaty, or the manner in which any article of a Tax Treaty applies to any Unitholder; (d) Whether a Canadian payer and the Sub-custodian have complied with the withholding requirements under Part XIII (including an obligation under subsection 215(3) and guidance in respect of financial intermediaries provided in IC76-12R6 “Applicable rate of Part XIII tax on amounts paid or credited to persons in countries with which Canada has a tax convention”, and on the CRA webpage “Pending updates to IC76-12, Applicable rate of Part XIII tax on amounts paid or credited to persons in countries with which Canada has a tax convention related to forms NR301, NR302, and NR303”) in respect of the amounts paid or credited to the Sub-custodian and the amounts paid or credited by the Sub-custodian to Unitholders; or (e) Whether a payer and the Sub-custodian have complied with the withholding and reporting obligations under section 116 of the Act. ...

Thus, as with the foreign tax credit deductions as set out in Section 126, there is no double taxation as the result of taxes levied in both Canada and the foreign country and the FAPI rules are in harmony with the Income Tax Conventions that Canada has with other countries for the avoidance of such double taxation. ... This appears to be within the spirit of the law, including the various Income Tax Conventions with foreign countries. ...

Our understanding of the facts, proposed transactions and the purpose of the proposed transactions is as follows: DEFINITIONS “ACB” means adjusted cost base, as that term is defined in Section 54; “Business” means the business of XXXXXXXXXX; “Corporation” means a XXXXXXXXXX, or private limited company, formed under the laws of XXXXXXXXXX; “Country 1” means the XXXXXXXXXX; “Country 1 Treaty” means The Convention Between Canada and XXXXXXXXXX; “Country 2” means the XXXXXXXXXX; and “Country 2 Treaty” means The Convention Between Canada and the XXXXXXXXXX; “CRA” means the Canada Revenue Agency; “FMV” means fair market value; “PUC” means paid-up capital, as that term is defined in subsection 89(1); “Taxpayer 1 Group” means a multinational group of entities, including but not limited to, corporations of which Taxpayer 1 is the parent company; “Taxpayer 1” means XXXXXXXXXX, a corporation formed under the laws of XXXXXXXXXX, and whose shares are listed and actively traded on the XXXXXXXXXX; “Taxpayer 2” means XXXXXXXXXX, a corporation formed under the laws of XXXXXXXXXX; “Taxpayer 3” means XXXXXXXXXX, a corporation formed under the laws of XXXXXXXXXX; “Taxpayer 4” means XXXXXXXXXX, a corporation formed under the laws of XXXXXXXXXX; “Taxpayer 5” means XXXXXXXXXX, a Corporation formed under the laws of Country 1 and which was incorporated in XXXXXXXXXX; “Taxpayer 6” means a new corporation that will be formed under the laws of XXXXXXXXXX; “Taxpayer 7” XXXXXXXXXX, a Corporation formed under the laws of Country 1; “Taxpayer 8” means XXXXXXXXXX, a Corporation formed under the laws of Country 1; “Taxpayer 9” means XXXXXXXXXX, a Corporation formed under the laws of Country 1; “Taxpayer 10” means XXXXXXXXXX, a Corporation formed under the laws of Country 1; “Taxpayer 11” means XXXXXXXXXX, a Corporation formed under the laws of Country 1; “Taxpayer 12” means XXXXXXXXXX, an unlimited liability corporation formed under the laws of XXXXXXXXXX; “The Taxpayers” means collectively Taxpayer 1, Taxpayer 2, Taxpayer 3, Taxpayer 4, Taxpayer 5, and Taxpayer 6; and “TCP” means taxable Canadian property as defined in subsection 248(1). ...

At the time Pubco made the $XXXXXXXXXX payment to Target Holdco described in Paragraph 25, Target Holdco, who was the beneficial owner of such payment, did not have a permanent establishment in Canada for purposes of the Canada-XXXXXXXXXX Income Tax Convention. ... The $XXXXXXXXXX payment made through the issuance of Note 1 by Pubco to Target Holdco as consideration for the XXXXXXXXXX Rights was exempt from tax under the Act by virtue of Article XXXXXXXXXX of the Canada-XXXXXXXXXX Income Tax Convention. ... In addition, nothing in this letter should be construed as implying that the Canada Revenue Agency has agreed to or reviewed: (a) the determination of the adjusted cost base, paid-up capital or fair market value of any shares or other property referred to herein, including, for greater certainty, the cost and fair market value of the XXXXXXXXXX Rights; (b) whether Target Holdco is, at any relevant time, a resident of XXXXXXXXXX for purposes of the Canada-XXXXXXXXXX Income Tax Convention; (c) whether the provisions of subsection 247(2) would apply to adjust the amount paid by Pubco to Target Holdco in respect of the XXXXXXXXXX Rights; (d) the implications of any of the Subject Transactions under XXXXXXXXXX; (e) the accuracy of any amounts referred to in this letter; and (f) any tax consequences relating to the facts and Subject Transactions described herein other than those described in the rulings given above. ...

Une convention entre actionnaires intervenue entre M.A, Feu M.B et Opco, le XXXXXXXXXX, prévoit que advenant le décès de l'un ou l'autre des actionnaires d'Opco, l'héritier de l'actionnaire décédé et l'actionnaire survivant s'engagent à fractionner le patrimoine d'Opco en deux patrimoines distincts, de valeur équivalente, le tout suivant les dispositions prévues au paragraphe 55(3). Cette convention prévoit également que ses termes peuvent être modifiés que par un écrit signé par toutes les parties à la convention. ...

L’article 7.1 de la convention entre actionnaires de Cédante datée du XXXXXXXXXX (la « Convention ») prévoit notamment qu’advenant le décès de C, Cédante doit verser à Succession, à titre de dividende sur l’action de catégorie « H » de son capital-actions, le montant reçu en vertu de toute police d’assurance-vie prise sur la vie de C dont elle est bénéficiaire, et ce, à même son CDC. 15. ... Conformément à l’article 7.1 de la Convention, Cédante rachètera l’action de catégorie « H » de son capital-actions détenue par Succession pour un montant correspondant à sa VR, soit XXXXXXXXXX $. ...