Search - convention

Cependant, vous avez récemment eu connaissance d'une opinion contraire, émise par notre ministère, portant sur l'interprétation de la convention Canada-Espagne et vous nous citez les extraits suivants: “We have taken the view under paragraph 1(a) of Article XXIII of the Canada-Spain Income Tax Convention (Convention) that the words”... and unless a greater deduction or relief is provided under the law of Canada...” does not permit a taxpayer to utilize both the foreign tax credit and a deduction under subsection 20(11) and (12) of the Act. ... De plus, vous croyez que l'impôt payé au sens de l'alinéa 126(7)c) de la Loi comprend l'impôt réputé payé (“tax spared”) selon la Convention Canada- Brésil et puisque l'impôt déductible selon le paragraphe 20(12) de la loi est celui défini à l'alinéa 126(7)c) de la Loi, l'impôt déductible selon le paragraphe 20(12) de la Loi comprend donc l'impôt réputé payé selon la Convention Canada-Brésil. ... NOS COMMENTAIRES Selon les dispositions du paragraphe 2 de l'article XXII de la Convention Canada-Brésil, lorsqu'un résident du Canada reçoit des revenus qui, conformément aux dispositions de la Convention, sont imposables au Brésil, le Canada accorde sur l'impôt qu'il perçoit sur les revenus de ce résident. une déduction d'un montant égal à l'impôt sur le revenu payé au Brésil. ...

Cependant, vous avez récemment eu connaissance d'une opinion contraire, émise par notre ministère, portant sur l'interprétation de la convention Canada-Espagne et vous nous citez les extraits suivants: "We have taken the view under paragraph 1(a) of Article XXIII of the Canada-Spa in Income Tax Convention (Convention) that the words"... and unless a greater deduction or relief is provided under the law of Canada... ... De plus, vous croyez que l'impôt payé au sens de l'alinéa 126(7)c) de la Loi comprend l'impôt réputé payé ("tax spared") selon la Convention Canada- Brésil et puisque l'impôt déductible selon le paragraphe 20(12) de la loi est celui défini à l'alinéa 126(7)c) de la Loi, l'impôt déductible selon le paragraphe 20(12) de la Loi comprend donc l'impôt réputé payé selon la Convention Canada-Brésil. ... NOS COMMENTAIRES Selon les dispositions du paragraphe 2 de l'article XXII de la Convention Canada-Brésil, lorsqu'un résident du Canada reçoit des revenus qui, conformément aux dispositions de la Convention, sont imposables au Brésil, le Canada accorde sur l'impôt qu'il perçoit sur les revenus de ce résident. une déduction d'un montant égal à l'impôt sur le revenu payé au Brésil. ...

29 June 1993 External T.I. 9237925- Convention fiscal canada-états-unis Unedited CRA Tags 212(1)(b) 5-923792 XXXXXXXXXX                                   M. ... On nous demande si un paiement du genre constitue de l'intérêt au sens de la Convention et si la Convention prévaut sur la règle édictée par le dernier paragraphe de l'alinéa 212(1)b) de la Loi qui exigerait une retenue à la source dans un tel cas. ... Nos commentaires Nous sommes d'opinion XXXXXXXXXX serait considérée comme une "intrumentality" aux fins de la Convention. ...

On nous demande si un paiement du genre constitue de l'intérêt au sens de la Convention et si la Convention prévaut sur la règle édictée par le dernier paragraphe de l'alinéa 212(1)b) de la Loi qui exigerait une retenue à la source dans un tel cas. ... Nos commentaires Nous sommes d'opinion XXXXXXXXXX serait considérée comme une "intrumentality" aux fins de la Convention. ... Enfin, nous sommes d'avis que les dispositions de la Convention, notamment celles à l'alinéa 3c) de l'article XI, ont préséance d'application sur les dispositions de l'alinéa 212(1)b) de la Loi de sorte à exempter de la retenue à la source les intérêts (au sens de la Convention) payés à un résident américain. ...

Income Tax Convention- Distribution of Partnership Assets Unedited CRA Tags n/a 19(1) File No. 5-8738   K.B. ... Income Tax Convention (1980)(the "Convention"). Your letter stated that you are concerned with a situation where a U.S. partnership distributes its assets to its partners, one or more (but not the majority) of whom are Canadian partners.  ... Income Tax Convention (the "Convention") provides that where a resident of a Contracting State alienates property in the course of a corporate organization, reorganization, etc., the profit, gain or income in respect of such alienation may be deferred in order to avoid double taxation.  ...

Income Tax Convention- Distribution of Partnership Assets 5-8738 K.B. ... Income Tax Convention (1980)(the "Convention"). Your letter stated that you are concerned with a situation where a U.S. partnership distributes its assets to its partners, one or more (but not the majority) of whom are Canadian partners. ... Income Tax Convention (the "Convention") provides that where a resident of a Contracting State alienates property in the course of a corporate organization, reorganization, etc., the profit, gain or income in respect of such alienation may be deferred in order to avoid double taxation. ...

Income Tax Convention on Exempt Income and Alternative Minimum Tax Unedited CRA Tags 110(1)(f)(i), Canada–U.S. ... Our views The definition of taxes covered in subparagraph 2(a) of Article II of the Convention indicates that in the case of canada the existing taxes to which the Convention shall apply include those levied under Part I of the Act. As minimum tax is levied under Part I of the Act it is covered by the Convention. ...

School administrators may claim convention expenses with a maximum of 2 per year; 2. ... Paragraph 9 of IT-131R2 states that convention expenses may also be deducted by corporations recognizing that a corporation can "attend" a convention through one or more of its agents or employees. ... " Therefore, school administrators are not entitled to claim convention expenses since they are not self-employed taxpayers. ...

31 July 1990 Income Tax Severed Letter ACC9366- Canada-USSR Tax Convention- Deemed USSR Residence 19(1) G. ... If it is determined that 19(1) is a resident of the USSR under paragraph 1 or 2 of Article 4 of the Convention for a particular year, the provisions of Article 12 of the Convention will be available to him for the year. On the other hand, if it is determined that 19(1) is a resident of Canada under paragraph 2 of Article 4 of the Convention for a year, the provisions of Article 12 of the Convention will not be available to him for the year. ...

31 May 1990 Income Tax Severed Letter ACC9108- Canada-Netherlands Income Tax Convention 19(1) HBW 4125-N1 HBW 6591-N1 David Senécal (613) 957-2074 May 31, 1990 Dear 19(1) Pursuant to paragraph 4 of Article 25 of the Canada-Netherlands Income Tax Convention signed by our two counties on May 27, 1986, we would like to clarify the application of the said Convention to the following situation: A corporation, which is a resident of Canada for the purposes of the Convention, borrows Canadian dollars form a lender in the Netherlands. ... Consequently, as paragraphs 1 and 2 of Article XI of the Convention only apply top reduce the tax of 15% if the interest arises in one State and is paid to a resident in the other State and the Convention does not contain an "Other Income" article deeming the interest to be taxable only in the Netherlands where it arises, a technical interpretation of the Convention would result in the interest being subject to a 25% tax in Canada even though the interest is paid by the permanent establishment in the Netherlands. ... Therefore notwithstanding the absence of an "Other Income" provision in the Convention, we are prepared to publicly adopt the position that, under a liberal interpretation of the Convention, such interest will be exempt form tax in Canada provided you advise us that the Netherlands will adopt the some position with respect to similar transactions involving a Canadian lender and a permanent establishment of a Dutch company situated in Canada. ...