Canada Tax News

Treaty between Brazil and Canada, and between Brazil and Germany – Brazilian court decision on tax treaty treatment of remuneration of technical services

13 August 2009

Budget for 2009 – business tax measures

16 March 2009

Protocol between United States and Canada enters into force

23 January 2009

Treaty between Canada and Colombia signed

24 December 2008

Protocol to treaty between United States and Canada ratified

4 November 2008

OECD released 2008 Model Tax Convention

7 October 2008

Fifth protocol to treaty between US and Canada – US Technical Explanation published

30 August 2008

Discussion draft on New Art. 7 of OECD Model – details

30 August 2008

On 10 July 2008, the Minister of Finance indicated Canada's agreement with the US Treasury Department's technical explanation to the fifth protocol to the Canada-US tax treaty. Canada ratified the protocol on 14 December 2007, when Bill S-2 received Royal Assent.

11 August 2008

OECD Council approves 2008 Model Tax Convention

11 August 2008

Legislative proposals released regarding remaining Budget 2008 tax measures

11 August 2008

Treaty between Canada and the Netherlands – Tax Court of Canada Prévost decision on "beneficial owner" – details

27 July 2008

Comments on draft contents of 2008 update to Model Tax Convention published

27 July 2008

Tax treaty between Canada and US – US Tax Court rules AMT FTC limitation prevails over treaty

21 June 2008

Draft of 2008 Model Tax Convention – Proposed changes to Commentary to Art. 12 (definition of royalties)

21 June 2008

Treaty between Canada and the Netherlands – Prévost decision on beneficial ownership

14 May 2008

Protocol to US-Canada treaty referred to US Senate Committee on Foreign Relations

14 May 2008

Budget 2008

15 April 2008

Protocol to treaty between US and Canada transmitted to US Senate for consent to ratify

15 April 2008

OECD released discussion draft on transactional profit methods

8 February 2008

Proposed technical amendments to clarify tax rules applicable to specified investment flow-through entities

8 February 2008

Tax Executives Institute submits comments to US Treasury Department on new US-Canada protocol

8 February 2008

Canada completes steps required to give effect to the fifth protocol to the Canada-US income tax treaty

16 January 2008

Final Budget 2007 implementation Bill receives Royal Assent

16 January 2008

Government unveils 2007 economic statement

3 December 2007

Government releases draft legislation to implement remaining Budget 2007 tax measures

4 November 2007

Fifth protocol to treaty between Canada and US – details

4 November 2007

Treaty between Canada and Columbia – negotiations

1 October 2007

OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments

2 September 2007

Treaty between Canada and Luxembourg – Canadian Federal Court of Appeal upholds Tax Court decision on non-applicability of general anti-avoidance rule to sale of shares

29 July 2007