Tax Treaty between Canada and Taiwan has Entered into Force

The income tax treaty (arrangement) between Canada and Taiwan entered into force on 19 December 2016. The arrangement is the first of its kind between the two jurisdictions.

Taxes Covered

The arrangement covers Canadian taxes imposed under the Income Tax Act, and Taiwan profit-seeking enterprise income tax, individual consolidated income tax, and income basic tax.

Residence

If a company is considered resident in both Contracting Parties, the competent authorities will determine the comp…