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The shares of USco are held by an individual who is a resident of the United States for the purposes of the Convention between Canada and the United States of America with Respect to Taxes on Income and on Capital Signed on September 26, 1980, as amended by the Fifth Protocol signed on September 21, 2007 (the "Convention"). ... The amount of taxes payable under this provision and the corresponding amount of taxes to be withheld from the payment of dividends under Part XIII of the Act may be reduced under Article X(2) of the Convention if, among other things, the dividend is paid to or derived by a person who is a resident of the United States for the purposes of the Convention. ... While an S-corporation is a fiscally transparent entity, it is ordinarily accepted that an S-corporation is itself a resident of the United States for the purposes of the Convention. ...

Income Tax Convention (the "Convention") where the taxpayer is a resident of Canada and such disposition of property is not subject to tax in the U.S. because of the non-recognition rule in the U.S. but is subject to tax in Canada. ... The purpose of the Convention is for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital. The parties to the Convention recognize that the total elimination of double taxation may not be achievable. ...

Income Tax Convention (the " Convention") applies to exclude the amount. However, there is no provision in the Act or in the Convention which will exempt from Canadian income tax that portion of the payment that would have been exempt from U.K. income tax had the Canadian resident received the payment while a resident of the U.K. ... In this respect, we note that Article XVII of the Convention provides, in general terms, that pension payments arising in the U.K. that are paid to a resident of Canada will only be taxable by Canada. ...

Income Tax Convention (1980); Principal Issues: Whether the CRA will treat a Qualified Subchapter S Subsidiary as a resident of the United States for the purposes of the Canada-U.S. Income Tax Convention Position: Yes Reasons: Consistent with the position adopted in 9816355 and 2005-0144621E5 2009-035276 XXXXXXXXXX M. ... Income Tax Convention (the "Treaty"). It is our understanding that a QSub is a wholly-owned subsidiary corporation of a subchapter S corporation ("S Corp") for which the S Corp has filed a QSub election. ...

Senécal (613) 957-9796 February 10, 1995 Dear XXXXXXXXXX: This is in reply to your letter of October 4, 1994, wherein you request our opinion as to whether the phrase "real property situated in the other Contracting State" contained in paragraph 3 of Article XIII of the Canada-United States Income Tax Convention (the "Convention") includes, in the case of real property situated in Canada, an option in respect of a share of a company, the value of whose shares is derived principally from real property situated in Canada. ... We feel that this is provided for through the operation of Article III(2) of the Convention and subparagraph 115(1)(b)(iii) and subsection 115(3) of the Income Tax Act and that defining a share in this manner appropriately reflects the scheme of Article XIII as well as the intent of both of the Contracting States. ...

Income Tax Convention (1980) (the "Convention"), is subject to withholding tax under paragraph 212(1)(d) of the Canadian Income Tax Act on payments made by a resident in Canada for the use of computer software. Pursuant to paragraph 2 of Article XII of the Convention, the rate of such withholding tax may not exceed 10%. ...

Income Tax Convention (1980) (the "Convention") by virtue of the application of draft subsection 250(5.1)? ... Notwithstanding the application of draft subsection 250(5.1), for the purposes of paragraph 3 of Article IV of the Convention such corporation would be considered to have been created in Canada. ...

Tel que nous vous avons indiqué lors de notre conversation téléphonique (Thériault/ 19(1)) du 20 juin 1989, il nous est impossible de poursuivre l'étude de votre demande de décisions anticipées sans avoir la convention concernant l'offre de règlement de 19(1) proposé par 19(1). A ce jour nous n'avons pas reçu cette convention et en conséquence, si dans un délai de quinze jours nous n'avons pas reçu cette convention, nous présumerons que vous avez décidé de ne pas donner suite à votre projet et votre demande sera annulée. ...

Income Tax Convention (1978) and the Canada-U.S. Income Tax Convention (1980), the term "pension" includes any payment under a.... retirement plan... ... Tax Conventions. For the purposes of the tax treaties that Canada has entered into with countries other than the U.K. and the U.S., it is our view that periodic payments out of an RRSP or a RRIF would normally represent periodic annuity payments. ...

Raisons: Libellé de la Convention et consultation avec l'Autorité compétente du Canada. XXXXXXXXXX 2009-034411 Yannick Roulier Attention: XXXXXXXXXX 19 août 2010 Monsieur: Objet: Résidence d'une Société Capital-Risque- Convention Canada- France La présente est en réponse à votre lettre du 13 octobre 2009 dans laquelle vous nous demandez notre opinion relativement au statut de résidence d'une Société Capital-Risque française (" SCR ") aux fins de l'application de la Convention entre le Canada et le République de la France (" Convention ") dans la situation hypothétique suivante. ... Toutefois, la détermination de la résidence pour les fins de la Convention demeure une question de fait. ...