The Resource Sovereign-wealth funds : are they welcome in Canada?

Sovereign-wealth funds : are they welcome in Canada?

Label
Sovereign-wealth funds : are they welcome in Canada?
Title
Sovereign-wealth funds : are they welcome in Canada?
Creator
Subject
Language
eng
Summary
With the emergence of globalization, sovereign-wealth funds (SWFs) have become major actors in international financial markets. In this article, the author considers from an income tax perspective the question of whether foreign SWFs are welcome to invest in Canada. SWFs typically do not pay tax in their home countries and when they invest abroad they invariably seek to minimize the non-recoverable tax cost of their foreign activities. Accordingly, the issue of whether SWFs are welcome in Canada is analysed by this article in terms of Canada's tax treatment of the Canadian-source income of foreign SWFs. Specifically, after providing some relevant background, this article discusses, in turn, the public international law doctrine of sovereign immunity, the domestic tax treatment under Canada's Income Tax Act and the application of Canada's tax treaties to foreign SWFs
Citation source
In: Bulletin for international taxation. - Amsterdam. - Vol. 64 (2010),
http://library.link/vocab/creatorName
Kandev, M.N
Geographic coverage
International
Language note
English
http://library.link/vocab/subjectName
  • sovereign wealth fund
  • foreign investment fund
  • domestic tax law
  • tax treaty
  • sovereign immunity
Label
Sovereign-wealth funds : are they welcome in Canada?
Instantiates
Publication
Label
Sovereign-wealth funds : are they welcome in Canada?
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
Processing Feedback ...