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Unedited CRA Tags 2(3)(c) Art. 13, p. 1, Canada-XXXXXXXXXX Income Tax Convention Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CCRA. ... Position: Yes Reasons: The property is taxable Canadian property, the proceeds of disposition are deemed to be at fair market value, and Canada retains its right to tax pursuant to the Canada-XXXXXXXXXX Income Tax Convention. ... Pursuant to Article 13, paragraph 1, of the Canada- XXXXXXXXXX Income Tax Convention, Canada retains its right to tax the gain derived by the Non-resident from the disposition of any portion of the Property. ...

Quels sont les facteurs que l'ADRC prendrait en compte pour établir si le montant des intérêts payables dans le cadre d'une convention particulière de prêt excède une " somme raisonnable à cet égard "? ... Eu égard à la multitude possible des conventions de prêt, quels sont les facteurs que l'ADRC prendrait en compte pour établir si le montant des intérêts payables dans le cadre d'une convention particulière de prêt excède une " somme raisonnable à cet égard "? ...

Whether a seminar is a convention or a training course is a question of fact. The term "convention" is not defined in the Income Tax Act (the "Act"). As discussed in paragraph 9 of Interpretation Bulletin IT-357R2- Expenses of Training, a convention is considered a formal meeting of members for professional or business purposes unlike a training course that generally has a classroom format for teaching a subject in accordance with a formal course of study. ...

Le paragraphe 7(1.1) de la Loi s'applique lorsqu'une société privée sous contrôle canadien (SPCC) a convenu d'émettre ou de vendre une action de son capital-actions ou du capital-actions d'une SPCC avec laquelle elle a un lien de dépendance, en faveur d'un employé de la société ou d'une SPCC avec laquelle elle a un lien de dépendance, et si immédiatement après la conclusion de la convention, l'employé n'avait aucun lien de dépendance avec la société émettrice, la SPCC dont la société émettrice a convenu de vendre l'action du capital-actions et la SPCC qui est son employeur. Le paragraphe 14 du bulletin d'interprétation IT-113R4 prévoit que le paragraphe 7(1.1) de la Loi s'applique même si une société privée sous contrôle canadien (SPCC) devient une société publique avant l'émission des actions si ladite société est une SPCC au moment de la conclusion de la convention d'achat d'actions entre les employés et l'employeur. Le paragraphe 7(5) de la Loi prévoit que les dispositions de l'article 7 ne s'appliquent pas lorsqu'un avantage accordé par une convention n'a pas été reçu au titre, dans l'occupation ou en vertu de l'emploi d'une personne. ...

Schedule 91- Claims for Treaty-Based Exemptions This is in reply to your letter of July 11, 2000 wherein you requested our comments with respect to the imposition in subsection 162(2.1) of the Income Tax Act ("Act") of penalties on a non-resident corporation exempt from Part 1 tax in Canada pursuant provisions of a bilateral income tax convention that Canada has with another country ("tax treaty"). ... Since your query has been made on behalf of American associates, we would like to draw your attention to the statement in the Technical Explanation of the Convention (Canada-U.S. Income Tax Convention- 1980) with respect to Article II to the effect that since the article does not specifically refer to interest, fines and penalties, Canada may impose interest, fines, and penalties pursuant to its domestic laws. ...

Where the individual is a resident of Canada (factual or deemed), he would be taxable in Canada on his world income, including his remuneration from the Organization, subject to the provisions of an income tax convention. ... Should you require our assistance with respect to the application of a particular income tax convention, where for example the individual is performing services for the Organization in a country where Canada has entered into a bilateral income tax convention, we would require full details concerning the individual's residency status in both Canada and the foreign country. ...

As Canada has an income tax convention with Holland (that is, the Netherlands), you may also wish to consult paragraphs 24 to 26 of IT-221R3, as subsection 250(5) of the Income Tax Act may apply and deem you not to be resident in Canada after you move to Holland. The application of subsection 250(5) will depend upon your residence status for purposes of the Canada-Netherlands Income Tax Convention, which must be determined taking into account the terms of that convention, the facts of your particular situation, and the domestic tax laws of Canada and Holland. ...

Income Tax Convention (the "Convention") does not provide for a reduction in the withholding tax rate and consequently the withholding tax rate remains at 25% of any payment pursuant to subsection 212(1) of the Act. We note that, where a RRSP payment made to a resident of the United States is a periodic pension payment, the RRSP payment would be subject to tax at the reduced rate of 15% pursuant to paragraph 2(a) of Article XVIII of the Convention. ...

However, as explained below, as a result of the application of the provisions of the Canada Income Tax Act (the “Act”) in conjunction with the provisions of the Canada-United States Income Tax Convention (the “Convention”), you are subject to tax in Canada on your employment income earned while working at the Canadian Embassy and the provisions of the Act do not provide for a foreign tax credit or a deduction from income for Maryland State income taxes paid on such employment income. ... Under Article XIX of the Canada-United States Income Tax Convention, such income was only taxable in Canada and not taxable in the U.S. for U.S. federal income tax purposes. ...

9 October 2020 External T.I. 2020-0847791E5- CEWS 81(1)(a) and treaty exempt entities Unedited CRA Tags 125.7(1), 81(1)(a), Article 8 of the OECD Model Tax Convention Principal Issues: Whether a non-resident airline company portions of whose income is not included in income under Part I by way of the operations of paragraph 81(1)(a) and a provision under a tax treaty can qualify as an “eligible entity” under subsection 125.7(1). ... XXXXXXXXXX 2020-084779 Grace Tu May 8, 2020 Dear XXXXXXXXXX, You sent us an email requesting a confirmation that a non-resident corporation that operates an airline that normally has flights to and from Canada can qualify as an “eligible entity” under subsection 125.7(1) of the Income tax Act (the “Act”), notwithstanding that a part or all of its income may not be included in computing its income for a taxation year by the operation of the provisions of an income tax convention between Canada and another State and paragraph 81(1)(a). ... In our view, a non-resident corporation that operates an airline, a portion of whose Canadian source income is not included in the computation of its income under Part I of the Act as a result of the operation of paragraph 81(1)(a) and a provision under an income tax convention between Canada and another State is not a corporation “exempt from tax under Part I” under the definition of “eligible entity” in subsection 125.7(1) and therefore would not be prevented from being an “eligible entity” on that basis. ...