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Whether the guarantee fee paid to the Export-Import Bank of the United State is exempt from tax in Canada under paragraph 3(a) of Article XI of the Canada-US Convention. 6. Whether interest paid to a US bank on a loan guaranteed by the Export-Import Bank of the United State is exempt from tax in Canada under paragraph 3(b) of Article XI of the Canada-US Convention Position: 1. ... The Interest paid or credited by SPE to the Guaranteed Lender under the Guaranteed Lender Loan will be exempt from tax under paragraph 212(1)(b) by virtue of paragraph 3(b) of Article XI of the Canada-US Tax Convention. ...

Le premier alinéa du paragraphe 20 de la Lettre (incluant les sous-alinéas a. et b.) est remplacé par l’alinéa suivant: Le produit de la vente des actions du capital-actions de Pubco décrite au paragraphe précédent sera distribué aux Associés de Fonds SEC conformément à la Convention Fonds SEC. 17. ... La convention de société en commandite de Nouvelle SEC 2 sera essentiellement identique à la Convention Fonds SEC, à l’exception que les distributions aux commanditaires seront effectuées au prorata des Parts de Nouvelle SEC 2 détenues par ses associés. c. ... En conséquence du transfert des Actions Roulées, Nouvelle SEC 1 deviendra partie à la convention d’option avec Pco, telle que décrite au paragraphe 14 ci-dessus. 21. ...

Principal Issues: (1) Whether the Taxpayers would be considered carrying on business in Canada. (2) Whether the Taxpayers would be considered carrying on business in Canada through a permanent establishment, as defined under the relevant income tax conventions. ... Definitions In this letter the following terms and abbreviations have the meanings specified: “Assigned Employee” means an employee of one of the Taxpayers who accepts the offer to temporarily relocate to the Province and provides Services from there; “Canada Treaty with Country A” means the Convention between Canada and XXXXXXXXXX; “Canada Treaty with Country B” means the Agreement Between Canada and XXXXXXXXXX; “Canada Treaty with Country C” means the Convention Between Canada and XXXXXXXXXX; “Client” means the patient who receives Services from the Taxpayers; “Country A” means XXXXXXXXXX; “Country B” means XXXXXXXXXX; “Country C” means XXXXXXXXXX; “CRA” means the Canada Revenue Agency; “Paragraph” means a numbered paragraph in this letter; “Province” means the Province of XXXXXXXXXX, Canada; “Service” means XXXXXXXXXX provided via telephone, video, and chat; “Taxpayer A” means XXXXXXXXXX, a corporation formed pursuant to the laws of Country A; “Taxpayer B” means XXXXXXXXXX, a corporation formed pursuant to the laws of Country B; “Taxpayer C” means XXXXXXXXXX, a corporation formed pursuant to the laws of Country C; “Taxpayers” collectively refers to Taxpayer A, Taxpayer B and Taxpayer C; and “Transactions” means the transactions described in the Transactions section of this letter. ... The Rulings are based on the current provisions of the Act, the Regulations, the relevant tax treaties and the OECD’s commentaries on the articles of the Model Tax Convention on Income and on Capital (the “OECD Commentaries”) as they read as of the date of this letter. ...

2020 Ruling 2019-0801011R3- Article 13(4) of the Treaty Unedited CRA Tags 2(3), 69, 115, 116, 248(1) "taxable Canadian property" & "treaty-protected property", Canada-XXXXXXXXXX Income Tax Convention, Income Tax Conventions Interpretation Act, XXXXXXXXXX, Interpretation Act Principal Issues: Whether a capital gain on the disposition of shares of a XXXXXXXXXX. resident corporation by a XXXXXXXXXX resident individual is subject to tax in Canada where the value of the shares is derived principally from immovable property situated in Canada. ... XXXXXXXXXX 2019-080101 XXXXXXXXXX, 2020 Dear XXXXXXXXXX, Re: Advance Income Tax Ruling – Disposition of Shares and the Application of Article 13 of the Canada-XXXXXXXXXX Income Tax Convention This is in reply to your letter dated XXXXXXXXXX in which you requested an advance income tax ruling (the “Ruling”) on behalf of the above-named Taxpayer. ...

., a limited liability company incorporated in Norway. f) "Canada" means Canada as defined in section 5 of the Income Tax Conventions Interpretation Act, R.S.C. 1985, c. ... The charter may cover varying periods of time and a daily or monthly fixed rate is paid for the charter. y) "Tax Treaty" means the Canada-Norway Income Tax Convention. ...

Après plusieurs mois de négociations, les parties en sont venues à une entente afin de partager les actifs et les passifs et à cet égard, ils ont conclu, en date du XXXXXXXXXX, une convention de partage (ci-après la 'Convention') des actifs et des passifs d'Opco et F Co. ... Les parties ne signeront pas de nouvelles conventions puisque les biens attribués à chacune des divisions sont les mêmes que ceux décrits à la Convention. ... La Convention prévoit, entre autres, qu'à compter d'une date de réalisation (à déterminer suite à la réception d'une décision anticipée) B Co et A Co exploiteront les champs qui leurs seront transférés, tel que décrit dans la Convention (voir les transactions projetées décrites ci-dessous). ...

2009 Ruling 2009-0343641R3- Dividend Paid by ULC to Dutch Resident Unedited CRA Tags Article 10(2)(a) Canada-Netherlands Tax Convention (1986), Articles IV(7) and XXIX-A(3) Canada-United States Tax Convention (1980) Principal Issues: 1) Whether gains from disposition of taxable Canadian property realized by United States resident eligible for treaty protection under Article XIII of the Canada-United States Tax Convention (1980) by virtue of Article XXIX-A(3)? 2) Does dividend withholding rate under Article 10(2) of Canada-Netherlands Tax Convention (1986) apply to dividends paid to a Netherlands-resident subsidiary of a United States-resident corporation in XXXXXXXXXX by Canadian-resident unlimited liability company that is fiscally transparent for United States federal income tax purposes? ... Reasons: 1) Gain will be derived in connection with a qualified United States trade or business that is substantial in relation to the activity giving rise to the gain. 2) Meets the requirements of Article 10(2)(a) of that income tax convention. ...

Cette convention constitue une convention unanime des actionnaires au sens de l'article 146 de la L.C.S.A. Malgré l'existence de cette convention, PERTECO a le contrôle effectif sur les affaires de PROFITCO. 12. ... Au moment de l'Appel Public à l'épargne de PROFITCO, la convention d'actionnaires de PROFITCO qui était en vigueur, décrite au paragraphe 11, a été annulée et aucune autre convention d'actionnaires n'est intervenue ou ne doit intervenir. ...

A disposera de son droit de recevoir des redevances de NOUSO prévu à la Convention dans le cadre d'un contrat distinct qui sera conclu par M. ... A ne demandera pas à NOUSO de cesser d'effectuer à OPCO1 les paiements de redevances prévus à la Convention. La Convention ne sera pas abrogée, ni modifiée, par M. A et NOUSO. BUT DES OPÉRATIONS PROJETÉES 17. ...

Opco is a XXXXXXXXXX with its central control and management in XXXXXXXXXX, which is resident in XXXXXXXXXX for the purposes of the Canada-XXXXXXXXXX Income Tax Convention, and is an indirect wholly owned subsidiary of Pubco. ... The central control and management of FA1 is and will be in XXXXXXXXXX, and FA1 is and will be resident in XXXXXXXXXX for the purposes of the Canada-XXXXXXXXXX Income Tax Convention. The central control and management of FA2 is and will be in XXXXXXXXXX, and FA2 is and will be resident in XXXXXXXXXX for the purposes of the Canada-XXXXXXXXXX Income Tax Convention. ...