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In general terms, where a resident of Canada receives an amount on account or in lieu of payment of, or in satisfaction of, "a superannuation or pension benefit" arising in a particular country, the full amount received, before withholding taxes, is taxable under subparagraph 56(1)(a)(i) of the Act unless a specific provision of the Act or an income tax convention between Canada and the particular country applies to exclude the amount. Canada does not currently have an income tax convention with Hong Kong SAR. Canadian courts have confirmed that, notwithstanding the unification of Hong Kong and China, Hong Kong has maintained its own tax system and the income tax convention between Canada and China does not apply to Hong Kong SAR. ...

22 March 2013 External T.I. 2012-0458481E5- Foreign Pension Receipt CRA Tags 56(1)(a) 248(1) Cda-UK Tax Convention- Article 17 ITCIA Principal Issues: The Canadian tax implications of the receipt of income out of a foreign pension plan. ... Income Tax Convention which would exempt the amounts from Canadian income tax. ... Income Tax Convention does not prevent Canada from taxing superannuation or pension receipts. ...

L'alinéa 7(1)a) s'applique lorsque l'employé a acquis des titres en vertu d'une convention relative à une option d'achat d'actions. Quant à l'alinéa 7(1)c), il s'applique lorsque les droits de l'employé prévus par une telle convention sont dévolus à une personne ayant un lien de dépendance avec l'employé et que cette personne a acquis des titres en vertu de cette convention. ...

The provisions you referred to in your email contain the expressions "a tax convention or agreement with another country", "a tax treaty that Canada has with a particular country", and "an agreement or convention between the Government of Canada and the government of another country". We would further note that, subsection 248(1) defines tax treaty for the purposes of the Act as follows: "Tax treaty" with a country at any time means a comprehensive agreement or convention for the elimination of double taxation on income, between the Government of Canada and the government of the country, which has the force of law in Canada at that time. ...

Tax Convention ("Convention") may apply. For purposes of our response we are assuming that a provision under the Convention would not cause the Prize to be taxable in the U.S.. ...

Income Tax Convention applies to exclude the amount. Under Article 17 of the Canada-U.K. Income Tax Convention, periodic pension payments arising in a Contracting State (i.e. the UK) for the benefit and paid to a resident of the other Contracting State (i.e. ... There is no provision in Article 17 of the Convention which states that if income would be considered to be tax exempt in the UK then it would be considered to be exempt in Canada. ...

Tax Convention to prevent the double taxation of pension income when it is paid by one of the two countries to a resident of the other country. ... However, under the Convention, the amount of tax that the United States may apply is limited to 15% of the gross amount you receive and you are entitled to claim a foreign tax credit for the taxes paid to the United States on the pension income. ... The amount should also be identified as pension income exempt under the Convention. ...

In a situation where there is an exemption by the provisions of a tax treaty, the amount of the pension would be included in the income pursuant to subparagraph 56(1)(a)(i) of the Act and a corresponding amount would be deducted from the taxable income under subparagraph 110(1)(f)(i) of the Act as an amount exempt from income tax in Canada because of a provision contained in a tax convention or agreement with another country that has the force of law in Canada. ... Paragraph 2 of Article XVIII of the Convention between Canada and Italy that entered into force on December 24, 1980 (or paragraph 3(a) of Article 18 of the Convention between the Government of Canada and the Government of the Italian Republic that is not in force yet) provides that pensions paid by, or out of funds created by, the Italian State or a political or administrative subdivision or a local authority thereof to an individual in respect of services rendered to that State or subdivision or authority shall be taxable only in Italy. ...

Raisons: Ces montants ne sont pas reçus en exécution d'une ordonnance ou d'un jugement compétent, d'une sentence arbitrale ou d'un contrat par lequel le payeur et le particulier mettent fin à une procédure judiciaire car ils résultent d'ententes conclues dans le cadre du processus de négociations extrajudiciaires en vue d'obtenir la parité salariale et de l'établissement ou le renouvellement de conventions collectives. 2007-026108 XXXXXXXXXX Lucie Allaire, avocate, CGA, D. ... Ces montants, incluant des ajustements salariaux rétroactifs, une indemnité compensatoire et intérêts résultent d'ententes conclues entre les parties syndicales et les XXXXXXXXXX dans le cadre de négociations extrajudiciaires et de l'établissement ou le renouvellement de conventions collectives. ... Les ententes conclues, donnant droit aux ajustements salariaux rétroactifs par les XXXXXXXXXX visées par la présente, font suite à des négociations et découlent de l'établissement ou le renouvellement de conventions collectives. ...

Paragraph 1 of Article XIII of the Canada-Denmark Income Tax Convention states that gains from the alienation of immovable property may be taxed in the Contracting State (in this case, Denmark) in which such property is situated. ... There is no provision in the Canada-Denmark Income Tax Convention that would allow us to conclude otherwise because that Convention does not apply to the inheritance tax or estate duty, pursuant to subparagraph 3(b) of Article 2. ...