An Act to implement a Convention and an Arrangement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to amend

an Act in respect of a similar Agreement

Short title: Tax Convention and Arrangement Implementation Act, 2016 Bill S-4 (42-1) Status: Royal assent received Type: Senate Government Bill Sponsor: Peter Harder, Senator Latest stage: Royal assent Legislative

summary <div>The Library of Parliament does not prepare Legislative Summaries for bills that implement treaties, conventions, agreements or administrative arrangements bills. The following is a short

summary:<br/><br/>On November 2016, the Hon. Peter Harder introduced Bill S-4,

An Act to implement a Convention and an Arrangement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and to amend

an Act in respect of a similar Agreement (Tax Convention and Arrangement Implementation Act, 2016), in the Senate and it was given first reading. <br/><br/>Bill S-4 implements a convention between the Government of Canada and the Government of the State of Israel for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and an arrangement between the Canadian Trade Office in Taipei and the Taipei Economic and Cultural Office in Canada for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. It also amends the Canada–Hong Kong Tax Agreement Act, 2013 to add to it, for greater certainty, an

interpretation provision.<br/><br/>The convention and arrangement are generally patterned on the Model Tax Convention on Income and on Capital developed by the Organisation for Economic Co-operation and Development (OECD).<br/><br/>The convention and arrangement have two main objectives: the avoidance of double taxation and the prevention of fiscal evasion. Once implemented, they will provide relief from taxation rules in, or related to, the Income Tax Act.

Their implementation requires the enactment of this Act.</div> House of Commons — First reading: Completed (2016-12-07) House of Commons — Second reading: Completed (2016-12-08) House of Commons — Consideration in committee: Completed (2016-12-13) House of Commons — Report stage: Completed (2016-12-14) House of Commons — Third reading: Completed (2016-12-14) Senate — First reading: Completed (2016-11-01) Senate — Second reading: Completed (2016-11-29) Senate — Consideration in committee: Completed (2016-12-05) Senate — Third reading: Completed (2016-12-06) Full bill text is not included in the LEGISinfo JSON export.

Open the official Parliament of Canada bill page for the complete document.