Canada Tax News

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

Implementation of key Budget 2007 measures

2 July 2007

Anti-tax-haven initiative

18 June 2007

Treaty between Canada and Greece – negotiations

18 June 2007

Discussion draft on application and interpretation of non-discrimination article of OECD Model – details

18 June 2007

Treaty between Mexico and Canada ratified

28 May 2007

Revised Commentary on Article 7 of OECD Model released

28 May 2007

Budget 2007 highlights

28 April 2007

Budget 2006 tax measures fully implemented

28 April 2007

Final Report on Improving the Resolution of Tax Treaty Disputes

24 March 2007

Treaty between Finland and Canada enters into force

24 February 2007

Report on Attribution of Profits to PEs released

24 February 2007

Treaty between Canada and Korea (Rep.) enters into force

24 February 2007

Treaties with the United States and Canada considered

15 January 2007

Finland ratifies treaty between Finland and Canada

15 January 2007