Canada Tax News
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
Fifth protocol to treaty between Canada and US – details
4 November 2007
Government releases draft legislation to implement remaining Budget 2007 tax measures
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 Canada and Korea (Rep.) enters into force
24 February 2007
Report on Attribution of Profits to PEs released
24 February 2007
Treaty between Finland and Canada enters into force
24 February 2007
Finland ratifies treaty between Finland and Canada
15 January 2007
Treaties with the United States and Canada considered
15 January 2007
Treaty between Canada and Malaysia – negotiations to start
17 December 2006
Treaty between Mexico and Canada – details
12 November 2006
Amendment to treaty between China (People's Rep.) and Canada
14 October 2006
Treaty between Korea (Rep.) and Canada signed
14 October 2006
Treaty between Finland and Canada – details
12 September 2006
Proposed legislation to eliminate double taxation of dividends paid by large Canadian corporations to Canadian individual shareholders
12 September 2006
Budget 2006 highlights
14 June 2006
The Competent Authorities of Canada and the United States have signed a memorandum of understanding (MOU) setting out the principles, guidelines and procedures to be followed in resolving factual disagreements in mutual agreement cases under the 1980 US-Canada income tax treaty. The MOU was signed on 23 December 2005 and follows the MOU signed on 3 June 2005 that formalized the mutual agreement procedure (MAP) for resolving cases of double taxation under the treaty. It also follows the announcement by the US Internal Revenue Service (IRS) and the Canada Revenue Agency (CRA) on 8 December 2005 that they had reached agreement on procedures for resolving factual disputes in the MAP process.
19 February 2006