The Resource New limitations on imposition of interest withholding tax

New limitations on imposition of interest withholding tax

Label
New limitations on imposition of interest withholding tax
Title
New limitations on imposition of interest withholding tax
Creator
Subject
Language
eng
Summary
This article deals with two recent developments which will dramatically reduce the circumstances in which Canada will levy withholding tax on payments of interest made to non-residents. Canada and the United States have agreed to modify the 1980 treaty between them, such that source country taxation on cross-border interest payments will be subject to a three-year phase-in for related-party interest. Concurrently, the government has announced proposed amendments to the Income Tax Act that would eliminate non-resident withholding tax on arm's length interest paid or credited by residents to all non-residents
Citation source
In: Derivatives and financial instruments. - Amsterdam. - Vol. 10 (2008),
http://library.link/vocab/creatorName
  • Heale, A
  • Milet, M
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • tax treaty
  • interest withholding tax
  • financial instrument
  • derivative financial instrument
Label
New limitations on imposition of interest withholding tax
Instantiates
Publication
Label
New limitations on imposition of interest withholding tax
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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