Search - convention

The PPT was first introduced as paragraph 9 of Article 29 (“Article 29(9)”) of the the OECD (2019), Model Tax Convention on Income and on Capital 2017 (Full Version), OECD Publishing, Paris (“OECD Model Treaty”) and was replicated as Article 7(1) of the MLI. ... A person cannot avoid the application of this paragraph by merely asserting that the arrangement or transaction was not undertaken or arranged to obtain the benefits of the Convention. ... The comments made in the response to situation (a) above, about not being in a position to express a view on whether it is appropriate to extend the benefits of the tax convention to FE in the circumstances extend to situation (b). ...

L’article utilisé par le Canada est copié sur celui de la convention modèle de l’OCDE. ... Cette disposition mentionne que le fait que les dispositions de l'article XXIX A de la convention ne s'appliquent qu'aux fins de l'application de la convention par les États-Unis ne doit pas être interprété comme empêchant un État contractant de refuser un avantage de la convention lorsque de ne pas le faire résulterait en un abus des dispositions de ladite convention. ... Treasury en rapport avec le récent protocole (ratifié le 17 mars 1995) à la convention fiscale mentionnent que les dispositions anti-évitement du pays contractant s'ajoutent aux dispositions anti-évitement de la convention concernant l'utilisation sélective de conventions fiscales ("Treaty Shopping"). ...

Convention fiscale entre le Canada et les É.-U.: Organisations exonérées 33. ... Le Protocole joint à la Convention en matière d'impôts sur le revenu conclue entre le Canada et les Pays-Bas renferme une exemption de ce genre. ... En vertu de la convention fiscale, cette corporation non résidante n'est pas assujettie à l'impôt de la partie I au Canada. ...

Reasons: Wording of paragraph 3 of Article XXIX A. 2010 Canadian Tax Foundation Conference November 28, 2010 Article XXIX A(3) of the Canada-US Income Tax Convention Question 12 Can the CRA comment on whether interest paid by Canco (a Canadian corporation) to its parent USco (a non-qualifying person) on a debt owing to USco would be eligible for benefits pursuant to article XXIX A(3) of the treaty (the "active conduct of a trade or business" test)? ...

The article used by Canada is essentially identical to an article in the OECD Model Convention. ... Income Tax Convention. This provision mentions the fact that the preceding provisions of this article apply only for the purposes of the application of the Convention by the U.S. shall not be construed as restricting in any manner the right of a Contracting State to deny benefits under the Convention where... to do otherwise would result in an abuse of the provisions of the Convention. ... Treasury in relation to the recent protocol (ratified March 17, 1995) to the Tax Convention states that the anti-avoidance provisions of the Contracting State are added to the anti-avoidance provisions of the Convention concerning the selective use of tax conventions ("Treaty Shopping"). ...

Selon Revenu Canada, une LLC n’est pas considérée comme un résident selon la convention fiscale et, à priori, l’exemption au paragraphe XII(3)b) de la convention fiscale n’est pas disponible. ... Il n’a, au 26 avril 1995, pas de testament et bien entendu pas signé de convention entre actionnaires. ... De plus, il ressort clairement de cette décision que les conventions entre actionnaires autres que les conventions unanimes des actionnaires de sociétés reconnues par la loi constitutive d’une société ne doivent pas être considérées dans la détermination du contrôle de droit parce que ces conventions créent des obligations contractuelles et non des obligations juridiques ou tenant d’un acte constitutif. ...

CTF Annual Tax Conference CRA Round Table – December 2, 2014 Article XXIX-A(3) of the Canada-US Tax Convention Active Trade or Business Test Question 7 Can the CRA provide its views on the active trade or business test in paragraph 3 of the Limitation on Benefits (LOB provisions) in Article XXIX-A of the Canada – US tax treaty and, in particular, in what circumstances the CRA would consider the US business to be "substantial" in relation to the Canadian business? ...

Income Tax Convention to Structures with Multiple Tiers of Fiscally Transparent Entities A U.S. resident corporation that has elected to be classified as a “real estate investment trust” (“REIT”) under the applicable provisions of the U.S. ... Income Tax Convention (the “Treaty”). US LLC 1 makes an interest bearing loan to US LLC 2. ...

Income Tax Convention: Exempt Pensions/ 33. Regulations to Section 482 of the Internal Revenue Code- Transfer Pricing/ 34. ... The Protocol to the Income Tax Convention between Canada and the Netherlands contains such an exemption. ... Income Tax Convention (the Convention). (a)Would an U.S. Individual Retirement Account (IRA) be treated as a pension in the same manner as RRSPs and RRIFs and be entitled to the exemption from Canadian withholding tax, with respect to interest and dividends, contained in paragraph 2(a) of Article XXI of the Convention? ...

Income Tax Convention). In such cases, would the individual be considered as having ceased to reside in Canada for purposes of subsection 128.1(4) of the Income Tax Act ("the Act")? ... The Department is of the view that such a corporation would not be a resident of Barbados for purposes of the tax convention because it is not liable for tax on its world income. ... As you may perhaps know, Canada did not have a tax convention with Hong Kong. 4. ...