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b) Dans le cadre d’une convention entre actionnaires, il est prévu qu’un actionnaire puisse demander le rachat de ses actions ordinaires à la JVM. ... d) Qu’en est-il si l’indemnité était prévue dans le contrat de rachat d’actions plutôt que dans la convention entre actionnaires? ... Selon les circonstances, il est effectivement possible que les conditions y énoncées soient satisfaites dans la mesure où une convention concernant une action est assortie d’une stipulation par laquelle une personne convient d’acquérir l’action contre un montant ne dépassant pas la JVM de l’action au moment de l’acquisition, déterminée sans égard à la convention. ...

Income Tax Convention (the "Convention") provides that salary, wages and other similar remuneration derived by a resident of the United States in respect of employment shall be taxable only in the United States unless the employment is exercised in Canada. ... Since the Convention does not define the term salary and wages, paragraph 2 of Article III of the Convention provides that any term not defined in the Convention shall, unless the context otherwise requires have the meaning it has under the Act. ... Where Canada has retained its right to tax such income under the Convention by virtue of paragraphs 1 and 3 of Article XXIV of the Convention, and where the United States also taxes such income in the hands of its residents, the United States is obligated to provide its residents with a foreign tax credit for Canadian taxes paid. ...

Toutefois, si le non-résident est un sportif qui réside aux États-Unis et qui exerce une portion de ses activités professionnelles au Canada, il faut considérer les dispositions de la Convention entre le Canada et les États-Unis d'Amérique en matière d'impôts sur le revenu et sur la fortune (la " Convention "). ... Le paragraphe 1 de l'article XVI de la Convention permet au Canada d'imposer le revenu généré par les activités exercées au Canada par un sportif, même si les dispositions des articles XIV (Professions indépendantes) et XV (Professions dépendantes) de la Convention ne s'appliquent pas au sportif. ... Par ailleurs, si les recettes brutes gagnées au Canada par le sportif n'excèdent pas 15 000 $, le revenu n'est pas imposable au Canada selon le paragraphe 1 de l'article XVI de la Convention, bien qu'il puisse l'être en vertu de l'article XIV ou XV de la Convention, selon le cas. ...

Raisons JUSTIFIANT LA POSITION ADOPTÉE: Les critères de l'Article 5 de la Convention doivent être rencontrés. ... La seconde étape consiste à déterminer si l'entreprise suisse est imposable sur les bénéfices qu'elle génère au Canada en vertu de la Convention. ... Le paragraphe 4 de l'Article 5 de la Convention énonce certaines exceptions à la règle générale. ...

Income Tax Convention (the “Convention', issued by the U.S. government and agreed to by the Department of Finance. ... S. credits, as required by paragraphs 4(b) and 5(c) of Article XXIV of the Convention, allowed for Canadian taxes paid or accrued. ... S. income tax return and the application of U.S. tax credits in accordance with Article XXIV of the Convention. ...

Tax Convention apply? Position: 1. Question of fact; 2. Question of fact; 3. ... Tax Convention ("Convention") applies to provide treaty benefits if the proposed subsection 94(3) applies. ... With respect to the application of Article IV(6) of the Convention, it is our view that if proposed subsection 94(3) applies, the GT would be deemed to be resident in Canada and thus the treaty benefits under Article IV(6) of the Convention would not be available. ...

Income Tax Convention (the "Convention")? If so, should the LLC or the U.S. resident corporation file the T2 corporate income tax return to claim treaty exemption? ... Unless another article of the Convention applies, by virtue of paragraph 1 of Article VII (Business Profits) of the Convention, business profits of a resident of the U.S. shall be taxable only in the U.S. unless the resident carries on business in Canada through a permanent establishment situated in Canada. ... "C" corporation directly, we are of the view that, unless another article of the Convention applies, the business income earned in Canada by the LLC would be exempt from tax in Canada by virtue of Articles V and VII and proposed paragraph 6 of Article IV of the Convention. ...

Convention. Reasons: General reading of relevant provisions of the Act and the Convention 962134 XXXXXXXXXX David R. ... Income Tax Convention (the "Convention") but rather constitute property which would otherwise be exempt from tax in Canada under paragraph 4 of Article XIII of the Convention were it not for paragraph 5 of that Article. ... Where the adjusted proceeds are such as to result in a capital gain, such gain would continue to be taxable in Canada under paragraph 5 of Article XIII of the Convention. ...

Convention Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department. ... Consequently, the Business Profits Article of the Convention applies rather than the Dividend or Interest Articles. ... Income Tax Convention (the "Convention") would apply to restrict the U.S.'s right to impose a withholding tax of 39.6% on distributions made by U.S. limited partnerships to foreign partners including those who are residents of Canada. ...

Leung February 10, 2004 Dear XXXXXXXXXX: Re: Section 119 of the Income Tax Act (the "Act") and Paragraph 10(6)(a) of the Income Tax Application Rules ("ITAR") We are writing in reply to your facsimile correspondence of August 1, 2003 ("Letter") in which you requested our view on the interaction of section 119 of the Act and subsection 10(6) of ITAR and whether the reduced treaty rate (for example, the reduced rate on dividends pursuant to paragraph 2(b) of Article X of the Canada-United States Income Tax Convention (the "Convention")) would apply to the calculation of the credit described in paragraph 119(b) of the Act. ... " Where the conditions described in paragraph 2(b) of Article X of the Convention are met such that the tax so charged shall not exceed 15% of the gross amount of the dividend, paragraph 10(6)(a) of ITAR would apply such that any reference in Part XIII of the Act to a rate in excess of 15% shall be read as a reference to 15%. ... Based on the interaction of paragraph 10(6)(a) of ITAR and the fact that the implementing Act that gives the Convention the force of law in Canada provides that in the event of a conflict between the Convention and the Act, the Convention prevails, the tax payable under Part XIII in respect of dividends received or dividends deemed to have been paid as referred to in paragraph 119(b) of the Act is therefore the tax payable at the Convention specified rate of 15% of the gross amount of the dividends and that tax payable is the amount entered into the calculation of the credit under paragraph 119(b) of the Act. ...