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Income Tax Convention (1973) (the "Convention") provides that pensions arising in the United Kingdom and paid to a resident of Canada are taxable only in Canada. Paragraph 3 of Article 17 of the Convention indicates that for the purpose of this Convention, the term "pension" includes, among other things, any payment under a superannuation, pension or retirement plan. As there is no relieving provision in the Convention relating to the pension you receive, based on the information you provided, it appears that the Fire Brigade Basic Pension and the Injury Pension you receive under the Firemen's Pension Scheme Order 1973, are both taxable pursuant to subparagraph 56(1)(a)(i) of the Act. ...

Canada has entered into a comprehensive agreement or convention for the elimination of double taxation on income (“tax treaty”) with Country A (the “Canada- Country A tax treaty”). ... Subsection 5907(11) of the Regulations defines “designated treaty country” as: “For the purposes of this Part, a sovereign state or other jurisdiction is a ‘designated treaty country’ for a taxation year of a foreign affiliate of a corporation if Canada has entered into a comprehensive agreement or convention for the elimination of double taxation on income, or a comprehensive tax information exchange agreement, in respect of that sovereign state or jurisdiction, that has entered into force and has effect for that taxation year, but any territory, possession, department, dependency or area of that sovereign state or jurisdiction to which that agreement or convention does not apply is not considered to be part of that sovereign state or jurisdiction for the purpose of determining whether it is a designated treaty country.” ... Examples of territorial extension clauses include Article 30 of the Organisation for Economic Co-operation and Development Model Tax Convention on Income and on Capital 2017 and Article 29 of the Convention on Mutual Administrative Assistance in Tax Matters. ...

Income Tax Convention (the "U.S. Convention"). Usco also carries on an active manufacturing business. 3)FSC is a wholly-owned subsidiary of Usco incorporated in Barbados. FSC's business consists solely of marketing and the collection of receivables performed in connection with the sale by Usco of its products to customers residing outside the United States including persons resident in Canada who deal at arm's length with Canco. 4)FSC has International Business Corporation status in Barbados and is ineligible for any tax benefit available under the Canada- Barbados Income Tax Convention (the "Barbados Convention") by virtue of Article XXX(3) thereof. ... Furthermore, it would be necessary to show for the purposes of proposed paragraph 5907(11.2)(c) of the Regulations, that were it not for Article XXX of the Barbados Convention, FSC would be resident in Barbados under Article IV thereof. ...

Le terme " pension " n'est pas défini dans la Loi ou la Convention. ... À notre avis, le droit au " salaire différé " devrait plutôt être considéré comme un droit de créance pour les fins de la Loi et de la Convention. ... Tout gain en capital résultant du paiement d'un " salaire différé " sera imposable au Canada en vertu du paragraphe 4 de l'Article XIII de la Convention. ...

This definition requires to look into the Convention between Canada and the United States of America (the “Convention”). ... The wording used in Article XIII(3)(b)(iii) of the Convention differs from that used in the definition of TCP under subsection 248(1). ... On the other hand, the Convention does not provide for a similar look-back rule. ...

Income Tax Convention This is in reply to your letter of October 17, 1994, wherein you request our opinion as to the applicability of the provisions of paragraph 2 of Article 17 of the proposed amending Protocol to the Canada-U.S. Income Tax Convention (the "Protocol") to a Canadian resident who is an income beneficiary of a "Qualified Subchapter S Trust" as defined in subsection 1361(3) of the U.S. ...

Vous êtes également d'avis que l'exercice des droits d'achat d'actions le 1er mars de l'Année 2 provoquerait l'entrée en vigueur d'une nouvelle convention relative à des actions accréditives. ... Cependant, la position de l'ARC, tel que vous l'avez mentionné dans votre demande en référant au document portant le numéro 9531266, est de considérer que l'exercice d'un droit d'achat d'une action accréditive provoque l'entrée en vigueur d'une nouvelle convention relative à des actions accréditives et qu'il n'est pas nécessaire qu'une nouvelle " convention écrite " soit conclue pour satisfaire les conditions d'application de la définition de " action accréditive " prévue au paragraphe 66(15). Également, l'ARC considère que la période dont il est question aux alinéas a) et b), de la définition de " action accréditive " prévue au paragraphe 66(15), commence à la date de l'exercice du droit d'achat d'une action accréditive et se termine 24 mois après la fin du mois qui comprend cette date, sous réserve que la convention écrite originale relativement à des actions accréditives et à des droits d'achat d'actions (" convention originale ") ne prévoit un délai plus court. ...

Each of CFA1 and CFA2 is a person resident in the U.S. for the purposes of the Convention and at common law. 3. ... It also owns all the shares in the capital stock of a corporation ("NRco") that is resident in the U.S. for the purposes of the Convention. 6. ... It should be noted that the withholding rate would be further reduced in the future under the proposed 5th Protocol of the Convention. ...

Est-ce que la DGAE s'applique à cette transaction considérant que l'avantage fiscal se limite à bénéficier d'une exemption prévue dans la convention et non dans la loi de l'impôt sur le revenu? ... Cependant, dans la situation où un non-résident du Canada procède à une série de transactions dont l'objet est d'accéder à une exemption ou une réduction d'impôt canadien par l'entremise d'une convention fiscale que le Canada a conclue avec un autre pays, le Ministère examinera de près ce genre de situation pour déterminer si le résultat constitue un abus. ...

Specifically, you asked that we confirm that the term "approved stock exchange" found in Article 13 of both the Canada-Luxembourg Tax Convention and the Canada-Netherlands Income Tax Convention will be interpreted to mean a stock exchange prescribed for purposes of the Income Tax Act (the "Act"). ...