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Income Tax Convention (1980), (the "Canada-U.S. Convention"), but subject to the provisions of paragraph 3, income derived by a religious, scientific, literary, educational or charitable organization is exempt from tax in a Contracting State (i.e. ... Convention so long as it is not income from carrying on a trade or business as envisioned by paragraph 3 of that Article. ... Tax Convention. Qualifying organizations are listed in the Department's annual publication entitled "List of United states Organizations Exempt from Canadian Non-Resident Tax under Article XXI(1) of the Canada-United States Tax Convention". ...

La définition de "convention de retraite" au paragraphe 248(1) de la Loi reconnaît qu'une allocation de retraite peut être versée à même le régime de la convention de retraite. ... Les vacances accumulées ne peuvent donc être payées à titre de cotisation de l'employeur à une convention de retraite puisqu'elles sont considérées du revenu d'emploi de l'employé. De même, sont exclues de la définition de convention de retraite en vertu de l'alinéa 248(1)i) de la Loi, les fiducies visées à l'alinéa 149(1)y) de la Loi pour paies de vacances ou congés. ...

Such a retiring allowance does not fall under any provision of the Canada-UK Convention. Reasons FOR POSITION TAKEN: The retiring allowance is not a "pension" as defined in paragraph 3 of Article 17 of the UK convention and it is not considered to be "salaries, wages and similar remuneration" for the purposes of Article 15 of the UK Convention. ... Income Tax Convention and accordingly, no reduction or exemption from the Part XIII tax on the retiring allowance is provided for under that Convention. ...

Position Adoptée: Oui Raisons POUR POSITION ADOPTÉE: Modification ne crée pas un nouveau contrat et le montant est payable aux termes de la convention 5-960614 XXXXXXXXXX G. ... Amirault, 90 DTC 1330, la cour a statué qu'un changement rétroactif du prix d'acquisition des actions, stipulé dans une convention d'options d'achat d'actions, afin que le sous-alinéa 110(1)d)(iii) de la Loi s'applique, ne constituait pas un changement fondamental de ladite convention. ... Nous sommes d'avis que la seule modification d'une convention d'options d'achat d'actions pour laisser le choix au détenteur de l'option de payer un prix d'exercice avec ou sans escompte ne constitue pas en soi une modification importante créant une nouvelle convention. ...

18 May 1993 External T.I. 9301315 F- Dividends Owned During Accounting Period Unedited CRA Tags Treaty Japan Article 10 XXXXXXXXXX Attention:  XXXXXXXXXX Dear Sir: TECHNICAL INTERPRETATION- CANADA-JAPAN TREATY This is further to your request for a technical interpretation with respect to the application of Paragraph 2 of Article 10 of the Canada- Japan Income Tax Convention (the "Convention") in the following hypothetical situation. Facts A Japanese Corporation ("Japanco"), a resident of Japan for purposes of the Convention, held all the issued and outstanding shares of a Canadian Corporation ("Canco"), a resident of Canada for purposes of the Convention, from December 23, 1988 to December 31, 1992. ... You requested our technical interpretation on Article 10 of the Canada- Japan Treaty (hereinafter "convention") with respect to the applicable rate of withholding tax to the First dividend and the Second dividend. ...

Principales Questions: Le retrait par le Canada de son observation aux Commentaires sur l'Article 12 du Modèle de convention fiscale de l'OCDE a-t-il une portée rétroactive? ... Votre intention est d'imposer les paiements en vertu de l'alinéa 212(1)(d)(i) de la Loi de l'impôt sur le revenu et d'appliquer l'article 12 de la Convention entre le Gouvernement du Royaume-Uni de Grande-Bretagne et d'Irlande du Nord et le Gouvernement du Canada tendant à éviter les doubles impositions et à prévenir l'évasion fiscale en matière d'impôts sur le revenu et les gains en capital (la " Convention ") de façon à réduire l'impôt à la source au taux de 10%. ... Nous tenons toutefois à souligner que les termes d'une convention particulière doivent toujours être analysés de façon à déterminer si les paiements concernant l'usage de logiciels sont assujettis à l'article qui traite des redevances. ...

Principales Questions: Est-ce que la convention serait une convention écrite conclue entre la personne et la société? Position ADOPTEE: S'il existe une relation mandant-mandataire entre le souscripteur et le courtier qui signe la convention au nom du souscripteur, nous considérerions qu'il s'agit d'une concention écrite conclue entre le souscripteur et la société. ... La signature de la convention par le mandataire ne ferait pas en sorte de disqualifier les actions à titre d'actions accréditives si toutes les autres conditions pour que les actions se qualifient comme actions accréditives étaient respectées. ...

Income Tax Convention (the "Convention")      "Gains derived by a resident of a Contracting State from the alienation of real property situated in the other Contracting State may be taxed in that other State. ... " Article VI of the Convention states      "For the purposes of this Convention, the term "real property" shall have the meaning which it has under the taxation laws of the Contracting State in which the property in question is situated and shall include any option or similar right in respect thereof.  ... Income Tax Convention (the "1942 Convention"), gains derived by U.S. residents from the sale or exchange of capital assets located in Canada were exempt from tax in Canada provided that the U.S. resident did not have a permanent establishment in Canada at any time in the taxation year during which the sale or exchange occurred.  ...

Subsection 212(5) of the Income Tax Act (the "Act") does not distinguish between payments that are made to non-resident producers nor do the income tax conventions.  ... The purpose of a convention is to avoid double taxation and not to provide additional taxing provisions.  ... Income Tax Convention (1980) (the "Convention"). Accordingly, should the Department of Finance see fit to introduce legislation to reduce the rate of tax imposed on motion picture film royalties under the Act below 10%, the Convention would not override. ...

In addition, please confirm whether paragraph 3 of Article XXIV of the Canada-United States Income Tax Convention, 1980 (the "convention"), which provides for source rules for the purposes of applying that article, would force both countries to adopt the same sourcing rules for the application of the Convention.  ... Our opinion as to the territorial source of income constituted by a benefit derived from an employee stock option as set forth above applies in respect of situations covered by the Canada-United States Income Tax Convention, 1980. ... Where a person considers that the actions of one or both of the Contracting States result or will result for him in taxation not in accordance with the Convention, the person may apply to the competent authority pursuant to Article XXVI of the Convention which provides a mechanism whereby such actions can be considered by the Contracting States with a view to avoiding by agreement of the Contracting States taxation which is not in accordance with the Convention. ...