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Income Tax Convention (the "Convention"), many TEI members are considering how payments from a retirement compensation arrangement ("RCA") to residents of the United States will be treated for withholding tax purposes. ... Income Tax Convention? Department's Position Payments from an RCA, as that term is defined in subsection 248(1) of the Income Tax Act, would qualify as "pensions" for purposes of the Convention. ... In this regard, since that term is not defined in the Convention, reference should be made to the definition of "periodic pension payment" in section 5 of the Income Tax Conventions Interpretations Act. ...

Arsenault (613) 957-2126 19(1) Dear Madam: Re: Canada-Japan Income Tax Convention (1986) (the "Convention") This is in reply to your letter dated August 3, 1990. In our opinion, residents of Japan are not granted any exemption from Canadian tax on capital gains by the Convention. Article 13 of the Convention does not purport to grant any such exemption and Article 20 applies only to income and does not apply to capital gains. ...

b) Dans le cadre d’une convention entre actionnaires, il est prévu qu’un actionnaire puisse demander le rachat de ses actions ordinaires à la JVM. ... d) Qu’en est-il si l’indemnité était prévue dans le contrat de rachat d’actions plutôt que dans la convention entre actionnaires? ... Selon les circonstances, il est effectivement possible que les conditions y énoncées soient satisfaites dans la mesure où une convention concernant une action est assortie d’une stipulation par laquelle une personne convient d’acquérir l’action contre un montant ne dépassant pas la JVM de l’action au moment de l’acquisition, déterminée sans égard à la convention. ...

Income Tax Convention (the "Convention") provides that salary, wages and other similar remuneration derived by a resident of the United States in respect of employment shall be taxable only in the United States unless the employment is exercised in Canada. ... Since the Convention does not define the term salary and wages, paragraph 2 of Article III of the Convention provides that any term not defined in the Convention shall, unless the context otherwise requires have the meaning it has under the Act. ... Where Canada has retained its right to tax such income under the Convention by virtue of paragraphs 1 and 3 of Article XXIV of the Convention, and where the United States also taxes such income in the hands of its residents, the United States is obligated to provide its residents with a foreign tax credit for Canadian taxes paid. ...

Toutefois, si le non-résident est un sportif qui réside aux États-Unis et qui exerce une portion de ses activités professionnelles au Canada, il faut considérer les dispositions de la Convention entre le Canada et les États-Unis d'Amérique en matière d'impôts sur le revenu et sur la fortune (la " Convention "). ... Le paragraphe 1 de l'article XVI de la Convention permet au Canada d'imposer le revenu généré par les activités exercées au Canada par un sportif, même si les dispositions des articles XIV (Professions indépendantes) et XV (Professions dépendantes) de la Convention ne s'appliquent pas au sportif. ... Par ailleurs, si les recettes brutes gagnées au Canada par le sportif n'excèdent pas 15 000 $, le revenu n'est pas imposable au Canada selon le paragraphe 1 de l'article XVI de la Convention, bien qu'il puisse l'être en vertu de l'article XIV ou XV de la Convention, selon le cas. ...

Raisons JUSTIFIANT LA POSITION ADOPTÉE: Les critères de l'Article 5 de la Convention doivent être rencontrés. ... La seconde étape consiste à déterminer si l'entreprise suisse est imposable sur les bénéfices qu'elle génère au Canada en vertu de la Convention. ... Le paragraphe 4 de l'Article 5 de la Convention énonce certaines exceptions à la règle générale. ...

Income Tax Convention (the “Convention', issued by the U.S. government and agreed to by the Department of Finance. ... S. credits, as required by paragraphs 4(b) and 5(c) of Article XXIV of the Convention, allowed for Canadian taxes paid or accrued. ... S. income tax return and the application of U.S. tax credits in accordance with Article XXIV of the Convention. ...

Tax Convention apply? Position: 1. Question of fact; 2. Question of fact; 3. ... Tax Convention ("Convention") applies to provide treaty benefits if the proposed subsection 94(3) applies. ... With respect to the application of Article IV(6) of the Convention, it is our view that if proposed subsection 94(3) applies, the GT would be deemed to be resident in Canada and thus the treaty benefits under Article IV(6) of the Convention would not be available. ...

Income Tax Convention (the "Convention")? If so, should the LLC or the U.S. resident corporation file the T2 corporate income tax return to claim treaty exemption? ... Unless another article of the Convention applies, by virtue of paragraph 1 of Article VII (Business Profits) of the Convention, business profits of a resident of the U.S. shall be taxable only in the U.S. unless the resident carries on business in Canada through a permanent establishment situated in Canada. ... "C" corporation directly, we are of the view that, unless another article of the Convention applies, the business income earned in Canada by the LLC would be exempt from tax in Canada by virtue of Articles V and VII and proposed paragraph 6 of Article IV of the Convention. ...

Convention. Reasons: General reading of relevant provisions of the Act and the Convention 962134 XXXXXXXXXX David R. ... Income Tax Convention (the "Convention") but rather constitute property which would otherwise be exempt from tax in Canada under paragraph 4 of Article XIII of the Convention were it not for paragraph 5 of that Article. ... Where the adjusted proceeds are such as to result in a capital gain, such gain would continue to be taxable in Canada under paragraph 5 of Article XIII of the Convention. ...