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Income Tax Convention, where the individual is liable for tax in the U.S. by reason of his residence or domicile, the U.S. will have exclusive right to tax remuneration received during that period where the services are performed in the U.S.. ...

CTF Annual Tax Conference CRA Round Table – November 26, 2013 Article XXIX-A of the Canada-US Tax Convention Limitation on Benefits Question Can the CRA provide a brief overview of recent rulings requests considered by the directorate related to the Limitation on Benefits (LOB provisions) in Article XXIX-A of the Canada – US tax treaty? ... For example, in a situation where a Canadian resident pays an amount in respect of dividends, interest or royalties to a US person that is a company with one class of shares, the ownership test under Article XXIX-A(4)(a) would require that shares of the US person representing more than 90 percent of the aggregate votes and value of all of its shares (other than "debt substitute shares") be owned, directly or indirectly, by persons that are each a "qualifying person" or a person that: i. is a resident of a third State with which the US has a treaty, and is entitled to all of the benefits under that treaty; ii. would qualify for benefits under paragraph 2 or 3 of Article XXIX-A if the person were a resident of the US, and if its business were carried on in the US for purposes of paragraph 3; and iii. would be entitled to a rate of tax on the item of income in respect of which benefits are sought, at least as low under the convention between the person's country of residence and the Contracting State granting benefits (i.e. ... Where this ownership test is satisfied, a second base erosion test must also be met, requiring that the amount of expenses that are paid or payable by the US company in question, directly or indirectly, to persons that are not a qualifying person under the convention, and that are deductible from the US company's gross income, account for less than 50 percent of the gross income of the company. ...

Si le sous-alinéa 212(1)d)(v) L.I.R. s'applique, un non-résident pourrait-il se prévaloir des dispositions d'une convention portant sur les gains en capital de sorte que l'impôt de retenue au sous-alinéa 212(1)d)(v) L.I.R. ne sera pas exigible si le gain n'est pas assujetti à l'impôt canadien en vertu d'une convention fiscale? ... Comment l'ARC entend-elle appliquer le mécanisme de certificat de conformité prévu à l'article 116 L.I.R. lorsque la convention prévoit un montant fixe payable à la clôture et des montants payables au cours des années suivant la clôture déterminés en fonction d'une clause d'indexation sur les bénéfices futurs? ...

Income Tax Convention. How does the CRA interpret the term "fiscally transparent"? ... Income Tax Convention. The CRA recommended that the Technical Explanation to the Fifth Protocol reflect this interpretation. ... Income Tax Convention. ...

Selon la Convention de Société de S.E.N.C. AB, les unités A donnent droit aux résultats et à la participation de S.E.N.C. ...

If the Canada-US Tax Convention (the "Treaty") applies, Canada does not have the right to tax any gain on the disposition of US Holdco by US Parent. ...

Réponse de l’ARC D’entrée de jeu, il est important de rappeler que ce sont les termes de la convention de société de personnes qui prévoient les modalités afférentes au partage du revenu qu’elle réalise pour une année donnée entre ses associés, et non le paragraphe 96(1) L.I.R. ...

However, it is our view that those cases essentially deal with treaty interpretation issues in the application of the United Kingdom – United States Tax Convention and that their overall conclusions are not relevant for entity classification in Canada. ...

Income Tax Convention. We trust that our comments will be of assistence to you and we would be pleased to answer any further questions that you may have with respect to to this matter. ...

Robert Gagnon 957-2108 Le 11 octobre 2002 2002-015686 ROUND TABLE ON FEDERAL TAXATION APFF- 2002 CONVENTION Question 16 Subsections 85.1(1) and 85.1(5) (Consideration other than Shares Paragraphs 85.1(2)(d) and 85.1(6)(c) provide that, for the purposes of applying subsections 85.1(1) and 85.1(5) respectively, the said subsections cannot apply if the vendor of shares of a corporation receives property other than shares of the purchaser corporation as consideration for the exchanged shares. ...