Search - convention

Income Tax Convention (the "Convention") is ONLY APPLICABLE to persons who are RESIDENTS of Canada or the United States. If you receive an amount from a U.S. pension plan AFTER you become a resident of Canada, the Convention should be applicable to you. We are not aware of any provision in the Convention which would permit you to file an income tax return with the U.S. government in order to reduce your tax liability. ...

21 April 2011 Internal T.I. 2010-0388651I7- Combined application of 124, 125, 126 Unedited CRA Tags 124, 125, 126(2) Principal Issues: Where a Canadian corporation is considered to have Nexus with a US State without having a PE under the Canada-US Convention: 1. ... You mention that the taxpayer did not have a PE in the US during that year under the terms of the Canada- United States Tax Convention ("Convention"). ... Hence, you ask the following questions in respect of a situation where a Canadian corporation is considered under US State law to have Nexus with that State (such that it is liable to tax in that state) without having a PE under the Convention: 1. ...

Boychuk (613) 948-5274 November 18, 2009 Dear XXXXXXXXXX: Re: Part XIII Tax- Royalties We are writing in response to your letter of May 19, 2006, in which you requested our comments concerning the application of Part XIII of the Income Tax Act (the "Act") and the provisions of the Canada-United States Tax Convention (1980) (endnote 1) (the "Treaty") in the circumstances described below. ... It provides: Items of income of a resident of a Contracting State, wherever arising, not dealt with in the foregoing Articles of this Convention shall be taxable only in that State, except that if such income arises in the other Contracting State it may also be taxed in that other State. ... In the second situation, the royalties are considered to arise in the U.S. and are beneficially owned by a resident of a country with which neither Canada nor the U.S. has a tax convention. ...

La convention de bail prévoirait que la Société B a un droit exclusif afin d’exploiter ses équipements de XXXXXXXXXX situés sur le terrain de Société A. 5. Société B paierait à Société A un loyer annuel en fonction de la convention de bail. 6. Société A serait subrogée dans tous les droits résultant de ladite convention de bail précédemment consentie par A en faveur de Société B. 7. ...

Les actionnaires de la Société ont conclu une convention unanime des actionnaires ("CUA") le XXXXXXXXXX (modifiée le XXXXXXXXXX) aux termes des dispositions prévues à l'article 146 LCSA. 7. ... Nous notons que la convention que nous avons examinée ne reflète pas exactement la description qu'en font les Représentants en ce qui concerne le processus de nomination des administrateurs. 8. ... À cet égard, il faut réaliser que la personne hypothétique donnée n'est partie à aucune convention unanime d'actionnaires, ni réputée l'être. ...

While sections 15 and 80.4 (in Part I of the Act) generally do not apply to non-residents by virtue of section 115, subsection 214(3) incorporates section 15 by reference. (2) Application of XXXXXXXXXX of the Canada-XXXXXXXXXX Tax Convention and subsection 212(2) of the Act. (3) Based on the reasoning in Uphill and Attis. (4) Application of subsections 15(9) and 15(1). (5) The loan will be repaid within 365 days. (6) Subsection 15(9) is a more specific provision that applies to the loan. ... Parentco is a corporation incorporated and resident in XXXXXXXXXX for purposes of the Canada-XXXXXXXXXX Tax Convention. ... In particular, nothing in these rulings should be construed as implying that the CRA has agreed to or reviewed that: (a) Parentco is, at any relevant time, the beneficial owner of the dividends it receives from Holdco, and a resident of XXXXXXXXXX for the purpose of the Canada-XXXXXXXXXX Tax Convention; or (b) subsection 15(1) will not apply to the transactions between Opco and Holdco described in paragraph 10 above. ...

Le Donateur cédera au Donataire, en vertu d'un acte de donation, XXXXXXXXXX pièces d'art XXXXXXXXXX (ci-après "une Œuvre" ou collectivement "les Œuvres") à charge pour le Donataire de prêter les Œuvres au Donateur en vertu d'une convention de prêt à intervenir entre le Donataire et le Donateur (la "Convention de Prêt"). ... À la fin de la Convention de prêt, le Donataire sera autorisé à reprendre possession de façon permanente des Œuvres. Le Donateur pourra, à son entière discrétion, retourner les Œuvres au Donataire avant l'expiration de la Convention de prêt. 8. ...

Income Tax Convention (1980) (the "Convention")). Therefore, such amounts of Canadian-source income would not generally be reported as income under Part I of the Act by a U.S. resident unless that resident makes an election under subsection 216(1) of the Act to have net rental income received on real property in Canada taxed under Part 1 of the Act. ... Therefore, we can only suggest that where a situation exists in which spouses are subject to taxation that is not in accordance with the provisions of the Convention (including situations of double taxation), the spouses may request the assistance of the Canadian Competent Authority. For more information on this service and the procedure to follow, we refer you to Information Circular 71-17R5, Guidance on Competent Authority Assistance Under Canada's Tax Conventions. ...

Under the Canada-United States Tax Convention (the "Convention"), the United States is only allowed to tax the business income of a resident of Canada if the income is from a business carried on in the United States through a PE. ... It may be, however, that the nature of the payment is such that the United States does have a right to tax the payment in accordance with the Convention. We have insufficient facts to determine if this is the case, however, you may wish to inquire into what provision of the Convention permitted the United States to impose tax on a resident of Canada in this particular case. ...

Une convention entérinée par la cour le XXXXXXXXXX suspend temporairement la pension alimentaire jusqu'au XXXXXXXXXX. ... Il n'y a pas de " date d'exécution " en soi relativement à la convention entérinée le XXXXXXXXXX, car il n'y a pas de montants versés. ... Par la suite, une convention signée entre M. A et Mme B et entérinée par la cour le XXXXXXXXXX stipule que la pension alimentaire prévue au jugement de divorce du XXXXXXXXXX sera suspendue jusqu'au XXXXXXXXXX. ...