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1 November 1985 Income Tax Severed Letter Article XXIX- Canada-United States Income Tax Convention November 1, 1985 K.B. Harding XXXX This is in reply to your letter of October 18, 1985, concerning paragraph 5 of Article XXIX of the Canada-United States Income Tax Convention (Convention), as amended by paragraph 4 of Article XIII of the Protocol. ... Your letter indicates that the client has included the undistributed income earned in the IRA in the 1984 Canadian income tax return, however, he did not include in his United States return the income earned by a Registered Retirement Savings Plan, presumably because he made an election under paragraph 5 of Article XXIX of the Convention. ...

1 November 1985 Income Tax Severed Letter Article XXIX- Canada-United States Income Tax Convention November 1, 1985 K.B. Harding XXXX This is in reply to your letter of October 18, 1985, concerning paragraph 5 of Article XXIX of the Canada-United States Income Tax Convention (Convention), as amended by paragraph 4 of Article XIII of the Protocol. ... Your letter indicates that the client has included the undistributed income earned in the IRA in the 1984 Canadian income tax return, however, he did not include in his United States return the income earned by a Registered Retirement Savings Plan, presumably because he made an election under paragraph 5 of Article XXIX of the Convention. ...

Tax Convention. You point out that Article XVIII of the former tax convention between Canada and the U.K. did provide such exemption. Based on our review of the provisions of Article XIV of the present Convention and the facts set out in your letter, it is our opinion that XXXX engagement would not qualify as independent educational activities for the purposes of Article XIV of the Convention. Furthermore, he does not appear to be entitled to an exemption pursuant to Article XV of the present Convention, on the basis that the condition set out in paragraph 2(b) therein is not met. ...

Une conventIon d'achat-vente accorde au conjoint d'un actionnaire décédé l'option d'exiger de ou des actionnaires survivants qu'ils achètent du conjoint les actions transmises par l'actionnaire décédé. 2. La convention accorde aussi aux actionnaires survivants l'option d'exiger que le conjoint d'un actionnaire décédé leur cède les actions dont il aurait hérité. ... Vous étes d'avis que, puisque la convention permet d'exercer un choix, les actions sont irrévocablement dévolues au conjoint. ...

Cuerrier (613) 957-8953 Le 12 juillet 1989 Monsieur, Objet: Demande d'interprétation vente/ location d'aéronef Dans votre lettre du 15 juin dernier vous nous demandiez de confirmer que les sommes recues par une entreprise de location étrangère au titre de la location d'un aéronef à une entreprise canadienne seraient considérées comme des "redevances" au terme de l'alinéa 12(4) de la Convention entre le Canada et le Royaume des Pays-Bas envié d'éviter la double imposition et de prévenir l'évasion discale en matière d'impôts sur le revenu (1986) (la "convention Canada/Pays Bas"). ... D;;ailleurs les commentaires relatifs à l'alinéa correspondant (12(2)) du modèle de convention contiennent des indications aux numéros 9 et 11 qui suggèrent que cette disposition serait applicable à des équipements qui font l'objet de crédit-bail voire même aux conteneurs en matière de transport maritime (Modèle de Convention de double imposition concernant le Revenu et la fortune, Rapport du Comité des Affaires Fiscales de L' O.C.D.E., 1977). ... Il va sans dire cependant que si le loueur et bénéficiaire des redevances exploite une entreprise dans l'autre état par le biais d'un établissement stable et que les redevances se rattachent à cet établissement stable, se sera l'article 7 ou 14 de la Convention qui s'appliquera en vertu de l'alinéa 12(5). ...

Income Tax Convention (Convention). It is our view that the amounts are exempt from tax under subsection 212(5) by virtue of the technical explanation to the Convention, to which the Canadian negotiators have agreed. ... We would also point out that the Second Protocol of the Canada-United Kingdom Income Tax Convention amended paragraph 4 of Article XII by adding the word "broadcasting" after the phrase "for use in connection with television". ... Income Tax Convention. We trust these comments are adequate for your purposes. ...

Income Tax Convention (Convention). Paragraph 1 of the Article XIII of the Convention states: "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 the other State." Paragraph 3(b)(iii) of Article XIII of the Convention defines real property to include: "A share of the capital stock of a company, the value of whose shares is derived principally from real property situated in Canada. ... Income Tax Convention. We trust these comments will be useful for your purposes. ...

Income Tax Convention (Convention) would require Canada to reduce the amount of OAS or CPP benefits for the purpose of the calculation of the election under section 217 of the Act. ... In your particular situation, paragraph 5 of Article XVIII of the Convention provides that social security benefits paid from Canada to a resident of the United States shall be taxable only in the United States. Since OAS and CPP are considered as benefits paid under the social security legislation of Canada, such amounts are exempt from tax in Canada by virtue of the Convention. ...

Income Tax Convention (1980) (the "Tax Convention"). Can a subsection 20(12) deduction be taken on withholding in excess of 10% and less than 15% by the United States on property income? ... Question 1 The maximum withholding tax rate on interest under Article XI of the Canada-United States Income Tax Convention (1980) (the "Tax Convention") is 10% of the gross interest paid. ... Our Comments Paragraph 2 of Article XXIX of the Tax Convention states that nothing in the Tax Convention shall be construed as preventing the United States from taxing its citizens as if there were no Tax Convention. ...

GP is a resident of the United States for the purposes of the Convention. 5. ... Canco is a resident of Canada for the purposes of the Convention. Canco is disregarded as an entity separate from its owner under the Code and is fiscally transparent under the taxation laws of the United States for the purposes of the Convention. 9. ... The above-noted rulings are based on the Act and the Convention in their present forms and do not take into account any proposed amendments to the Act or the Convention which, if enacted, could have an effect on the rulings provided herein. ...