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Income Tax Conventions Implementation Act, 1995 (S.C. 1995, c. 37)

Act current to 2024-11-26

Income Tax Conventions Implementation Act, 1995

S.C. 1995, c. 37

Assented to 1995-11-08

An Act to implement a convention between Canada and the Republic of Latvia, a convention between Canada and the Republic of Estonia, a convention between Canada and the Republic of Trinidad and Tobago and a protocol between Canada and the Republic of Hungary, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income

Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

Short Title

Marginal note:Short title

 This Act may be cited as the Income Tax Conventions Implementation Act, 1995.

PART ICanada-Latvia Income Tax Convention

Marginal note:Citation of Part I

 This Part may be cited as the Canada-Latvia Income Tax Convention Act, 1995.

Marginal note:Definition of “Convention”

 In this Part, “Convention” means the Convention between the Government of Canada and the Government of the Republic of Latvia set out in Schedule I.

Marginal note:Convention approved

 The Convention is approved and has the force of law in Canada during the period that the Convention, by its terms, is in force.

Marginal note:Inconsistent laws — general rule

  •  (1) Subject to subsection (2), in the event of any inconsistency between the provisions of this Part or the Convention and the provisions of any other law, the provisions of this Part and the Convention prevail to the extent of the inconsistency.

  • Marginal note:Inconsistent laws — exception

    (2) In the event of any inconsistency between the provisions of the Convention and the provisions of the Income Tax Conventions Interpretation Act, the provisions of that Act prevail to the extent of the inconsistency.

Marginal note:Regulations

 The Minister of National Revenue may make any regulations that are necessary for carrying out the Convention or for giving effect to any of its provisions.

Marginal note:Publication of notice

 The Minister of Finance shall cause a notice of the day on which the Convention enters into force and of the day on which it ceases to have effect to be published in the Canada Gazette within sixty days after its entry into force or termination.

PART IICanada-Estonia Income Tax Convention

Marginal note:Citation of Part II

 This Part may be cited as the Canada-Estonia Income Tax Convention Act, 1995.

Marginal note:Definition of “Convention”

 In this Part, “Convention” means the Convention between the Government of Canada and the Government of the Republic of Estonia set out in Schedule II.

Marginal note:Convention approved

 The Convention is approved and has the force of law in Canada during the period that the Convention, by its terms, is in force.

Marginal note:Inconsistent laws — general rule

  •  (1) Subject to subsection (2), in the event of any inconsistency between the provisions of this Part or the Convention and the provisions of any other law, the provisions of this Part and the Convention prevail to the extent of the inconsistency.

  • Marginal note:Inconsistent laws — exception

    (2) In the event of any inconsistency between the provisions of the Convention and the provisions of the Income Tax Conventions Interpretation Act, the provisions of that Act prevail to the extent of the inconsistency.

Marginal note:Regulations

 The Minister of National Revenue may make any regulations that are necessary for carrying out the Convention or for giving effect to any of its provisions.

Marginal note:Publication of notice

 The Minister of Finance shall cause a notice of the day on which the Convention enters into force and of the day on which it ceases to have effect to be published in the Canada Gazette within sixty days after its entry into force or termination.

PART IIICanada-Trinidad and Tobago Income Tax Convention

Marginal note:Citation of Part III

 This Part may be cited as the Canada-Trinidad and Tobago Income Tax Convention Act, 1995.

Marginal note:Definition of “Convention”

 In this Part, “Convention” means the Convention between the Government of Canada and the Government of the Republic of Trinidad and Tobago set out in Schedule III.

Marginal note:Convention approved

 The Convention is approved and has the force of law in Canada during the period that the Convention, by its terms, is in force.

Marginal note:Inconsistent laws — general rule

  •  (1) Subject to subsection (2), in the event of any inconsistency between the provisions of this Part or the Convention and the provisions of any other law, the provisions of this Part and the Convention prevail to the extent of the inconsistency.

  • Marginal note:Inconsistent laws — exception

    (2) In the event of any inconsistency between the provisions of the Convention and the provisions of the Income Tax Conventions Interpretation Act, the provisions of that Act prevail to the extent of the inconsistency.

Marginal note:Regulations

 The Minister of National Revenue may make any regulations that are necessary for carrying out the Convention or for giving effect to any of its provisions.

Marginal note:Publication of notice

 The Minister of Finance shall cause a notice of the day on which the Convention enters into force and of the day on which it ceases to have effect to be published in the Canada Gazette within sixty days after its entry into force or termination.

PART IVProtocol to the Canada-Hungary Income Tax Convention

 [Amendments]

 

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