Search - convention

In addition, as Article 5(3)(b) of the Canada-Mexico Treaty was drafted based on Article 5(3)(b) of the 2001 UN Model Convention, the history of the UN Model Convention is instructive in interpreting the testing period. ... (footnote 1) The “183 days” test remains unchanged in the 2021 version being the most recent version of the UN Model Convention. ... The number of days in six months is 183 days for this provision as it is consistent with the 2011 version of the UN Model Convention. ...

Are SRLs entitled to benefits under the Canada-Barbados Tax Agreement (the "Barbados Convention"), specifically, are SRLs excluded from the application of the Barbados Convention by virtue of Article XXX(3) of that Convention? ... " Pursuant to Article XXX(3) of the Barbados Convention, IBCs are not entitled to benefits under the Barbados Convention. ... Accordingly, the Barbados Convention does not apply to International/Exempt SRLs and International/Exempt SRLs are not entitled to benefits under that Convention. ...

Cuerrier   (613) 957-8953 Le 12 juillet 1989 Monsieur, Objet:  Demande d'interprétation vente/ location d'aéronef Dans votre lettre du 15 juin dernier vous nous demandiez de confirmer que les sommes recues par une entreprise de location étrangère au titre de la location d'un aéronef à une entreprise canadienne seraient considérées comme des "redevances" au terme de l'alinéa 12(4) de la Convention entre le Canada et le Royaume des Pays-Bas envié d'éviter la double imposition et de prévenir l'évasion discale en matière d'impôts sur le revenu (1986) (la "convention Canada/Pays Bas"). ... D;;ailleurs les commentaires relatifs à l'alinéa correspondant (12(2)) du modèle de convention contiennent des indications aux numéros 9 et 11 qui suggèrent que cette disposition serait applicable à des équipements qui font l'objet de crédit-bail voire même aux conteneurs en matière de transport maritime (Modèle de Convention de double imposition concernant le Revenu et la fortune, Rapport du Comité des Affaires Fiscales de L' O.C.D.E., 1977).  ... Il va sans dire cependant que si le loueur et bénéficiaire des redevances exploite une entreprise dans l'autre état par le biais d'un établissement stable et que les redevances se rattachent à cet établissement stable, se sera l'article 7 ou 14 de la Convention qui s'appliquera en vertu de l'alinéa 12(5). ...

Income Tax Convention (1980) (the "Convention") apply to deem the entire pension amount to arise in Canada? ... (b)     Could subparagraph 3(a) of Article XXIV of the Convention apply to deem the entire retiring allowance to arise in Canada? ... In our view, subparagraph 3(a) of Article XXIV of the Convention is not intended to resolve the type of sourcing problem described above.       ...

You may be aware that we do not have enough information to provide an exact computation of foreign tax credit or the equivalent to subsection 20(11) deduction referred to in paragraph 5 of Article XXIV of the Canada-United States Income Tax Convention (the "Convention"). ... It should be noted that U.S. tax on rent from real property is not subject to subsection 20(11) of the Act and the U.S. tax rate on such rental income is not limited by the Convention to 10%. ... Citizens Resident in Canada", TreatyTax on a particular item of income sourced to the U.S. in accordance with paragraph 3 of Article XXIV of the Convention is the amount of tax that the U.S. would be allowed to collect under the income provisions of the Convention if the recipient of the income were a Canadian resident for the purpose of the Convention but not a U.S. citizen. 3 As described in more detail in our paper entitled "Some Aspects of Taxation of U.S. ...

As noted in your request, paragraph 17 of the 2014 commentary of the OECD Model Convention (the “Commentary”) in respect of Article 10 of the OECD Model Convention (the “Convention”) indicates that the benefit in paragraph 2(a) of Article 10 of the Convention should not be granted in cases of abuse and proposes the addition of language to paragraph 2(a) of Article 10 of the Convention such as: “provided that this holding was not acquired primarily for the purpose of taking advantage of this provision”. ... Contrary to paragraph 17 of the Commentary to Article 10 of the Convention, paragraph 21.4 of the Commentary to Article 1 of the Convention does not limit itself to denying the particular benefit under paragraph 2(a) of Article 10 of the Convention. Paragraph 21.4 of the Commentary to Article 1 of the Convention indicated that contracting states might want to include a broader provision to address potential abuse of Article 10 of the Convention more broadly: “the following provision has the effect of denying the benefits of specific Articles of the convention that restrict source taxation where transactions have been entered into for the main purpose of obtaining these benefits…. ...

Le terme "pension" n'est pas défini dans la Convention. Cependant, l'article 5 de la Loi sur l'interprétation des conventions en matière d'impôts sur le revenu définit ce terme, mais uniquement quant aux paiements provenant du Canada. ... Par ailleurs, l'Article XXI- Revenus non expressément mentionnés de la Convention prévoit que: 1. ...

Yes Reasons: Canadian residents are taxable in Canada on their worldwide income and there is no provision in the Canada-France Income Tax Convention that prevents Canada from taxing its residents on their worldwide income. ... Le paragraphe 1 de l’article VI de la Convention n’empêche pas le Canada d’imposer ses résidents sur les revenus de location tirés d’immeubles situés en France. Toutefois, en vertu de l’article XXIII de la Convention, le Canada accordera un crédit pour l’impôt payé en France sur le revenu de location générée par ces immeubles afin d'éviter une double imposition. ...

Leung Atlantic Region 957-2115 981253 Installation Project Paragraph 3 of Article 5 of the OECD Model Convention We are writing in reply to your memorandum of May 11, 1998 in which you requested our view as to whether the assembling of equipment carried out in Canada pursuant to the two specific contracts you provided to us (we have not been provided with the appendices to the contracts), can be considered to be installation project for the purposes of paragraph 3 of Article 5 of the Canada-Germany Income Tax Convention (the "German Convention") and the Canada-Netherlands Income Tax Convention (the "Netherlands Convention"). ... Our Comments Paragraph 3 of Article 5 of the German Convention is identical to paragraph 3 of Article 5 of the Netherlands Convention. Those paragraphs are identical to paragraph 3 of Article 5 of the OECD Model Convention. ...

Income Tax Convention (1980) (the "Convention") a PCTF would therefore be a resident of the U.S. and as such, be entitled to the Convention rates applicable with respect to Canadian sourced dividend and interest income. ... Article IV of the Convention is designed to assign residence to one state or the other for purposes of the Convention.  ... Assuming that PCTFs are taxable in the United States XXXXXXXXXX the Fund would be a resident of the U.S. pursuant to paragraph 1 of Article IV of the Convention. ...