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Une société a disposé de la totalité des actions ordinaires d'une autre société (ci-après «OPCO») en échange d'actions privilégiées de cette dernière au cours de l'année 1996, conformément à une convention entre actionnaires conclues avant 1996. 2. Tel que prévu dans cette convention entre actionnaires, les actions privilégiées de OPCO détenues par cette société sont rachetées par OPCO sur une période de 10 ans, commençant en 1996, et se terminant en 2005, donnant ainsi lieu à des dividendes substantiels. ... Plus précisément, le paragraphe (6) de l'article 23 de l'Avis se lit comme suit: (6) Les paragraphes (3) et (4) s'appliquent aux dividendes reçus après novembre 1999, à l'exception de ceux reçus dans le cadre d'une opération ou d'un événement, ou d'une série d'opérations ou d'événements, qui devait, avant le 1er décembre 1999, être exécuté en conformité avec une convention écrite conclue avant cette date. ...

Comme la Cour a fondé son jugement sur le bulletin tel qu'il existait à l'époque, elle s'est gardée de faire des commentaires sur la position de l'Agence telle qu'elle existe présentement et qui avait été communiquée lors de la conférence de l'Association canadienne d'étude fiscales de 1988 et résumée comme suit dans les Nouvelles Techniques n. 5 du 28 juillet 1995: En règle générale, nous supposons que la forme d'une convention de bail correspond au lien réel entre les parties. ... Les parties à une convention de bail ne peuvent pas se soustraire aux conséquences juridiques de la transaction en prétendant que la forme de la convention ne correspond pas au lien juridique qui les unit réellement. ... Par conséquent, le contribuable doit suivre la forme légale de sa convention plutôt que les directives du bulletin d'interprétation. ...

3) What is the relevance of the nine year period in paragraph 3 of Article 23 of the Convention between Canada and the Republic of Poland for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income ("the Treaty")? ... Pursuant to paragraph 5(a) of the Income Tax Conventions Interpretation Act, if a convention does not include a definition "pension", "pension" means, in respect of payments that arise in Canada, a payment under any plan, arrangement or contract that is (i) a registered pension plan, (ii) a registered retirement savings plan…, or (ix) a superannuation, pension or retirement plan not otherwise referred to in this paragraph. As stated in paragraph 14 of Information Circular IC 76-12R6, Applicable Rate of Part XIII Tax on Amounts Paid or Credited to Persons in Countries With Which Canada Has a Tax Convention, the definition of "pension" in the Income Tax Conventions Interpretation Act (in particular, subparagraph (ix) above) includes such social security benefits as a pension, supplement or spouse's allowance paid under the Old Age Security Act (OAS) or any benefit paid under the Canada Pension Plan Act (CPP) or in a comparable provision of the Quebec Pension Plan Act (QPP). ...

Principal Issues: Characterization of a participation payment on a mortgage for purposes of Canada's Conventions. ... It is our view that in general a participation payment on a mortgage on Canadian real estate would be characterized as income from real or immovable property for the purposes of Canada's Income Tax Conventions. ...

Tax Convention. Position: No. Reasons: The deemed gain is considered to arise in Canada. 963670 XXXXXXXXXX (613) 957-8953 Attention: XXXXXXXXXX December 3, 1996 Dear Sirs: Re: Article XXII of the Canada-U.S. Income Tax Convention ("Article XXII") This is in reply to your letter of November 1, 1996 concerning the above-noted subject. ...

29 March 2004 External T.I. 2004-0054831E5- Treaty benefits for Luxembourg Investment Funds Principal Issues: Are FCPs, SICAVs and SICAFs eligible for the benefits of the Canada-Luxembourg Tax Convention? ... Cook March 29, 2004 Dear XXXXXXXXXX: Re: Canada-Luxembourg treaty benefits We are writing in reply to your letter dated December 18, 2003, which requested our opinion as to whether dividends and interest paid by Canadian corporations would be eligible for the reduced withholding tax rates provided by the Canada-Luxembourg Tax Convention (the "Treaty"). ...

Reasons: Not taxable in Hungary, therefore not taxable in Canada- see subparagraph 4(c) of Article 18 of the Canada-Hungary Tax Convention. ... Pursuant to subparagraph 4(c) of Article 18 of the Canada-Hungary Tax Convention, Canada cannot tax pensions and allowances paid under the social security legislation of Hungary and received by Canadian residents so long as the payments are not subject to tax in Hungary. ...

The Income Tax Convention between Canada and Finland (effective January 1, 1958) contains no provisions that exempt these particular sources (whether "pension" income or not under the treaty definitions) form tax in Canada.  ... The credit, pursuant to Article XIII of the Convention, cannot exceed the Canadian taxes attributable to those sources.  ...

Income Tax Convention (1980). With respect to your first query, it remains our opinion that notwithstanding the deeming provisions of the United States Internal Revenue Code., an "S" corporation for Canadian tax purposes is considered to be a corporation under U.S. corporate law and as such, absent any FAPI implications, a Canadian resident shareholder thereof is only subject to Canadian income tax on amounts received from or benefits conferred by the "S" corporation and is not subject to such tax on the undistributed earnings of that corporation. ... Income Tax Convention (1980). We trust that this information will be of assistance to you. ...

None of the OwnerCos has a permanent establishment in Canada as defined under Article V of the Canada-US Tax Convention (the “US Treaty”) or Article 5 of the Canada – UK Tax Convention (the “UK Treaty”). 6. ... In ascertaining the purpose and intentions of the provisions of Canada’s tax treaties, Canada’s courts have found the OECD Model Convention and the Commentary (footnote 1) (“Commentary”) thereon to be of high persuasive value. ... Olli Laurikainen, CPA, CA Section Manager for Division Director International Division Income Tax Rulings Directorate Legislative Policy and Regulatory Affairs Branch FOOTNOTES Note to reader: Because of our system requirements, the footnotes contained in the original document are shown below instead: 1 OECD (2014), Model Tax Convention on Income and on Capital: Condensed Version 2014, OECD Publishing. 2 The Queen v Crowne Forest Industries Ltd et all [95 DTC 5389] 3 OECD (2014), Model Tax Convention on Income and on Capital: Condensed Version 2014, OECD Publishing. 4 The Technical Explanation [1995 Protocol] to paragraph 3 of Article 12 of the US Treaty also indicates that the negotiators of the US Treaty intended “information concerning industrial, commercial or scientific experience” to refer to the concept of “know-how” as defined in the OECD Model Commentary to Article 12. 5 OECD (2014), Model Tax Convention on Income and on Capital: Condensed Version 2014, OECD Publishing. 6 Ibid. ...