New Tax Convention between Canada and New Zealand

From Finance Canada website:

“The new Convention between Canada and New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, and related protocols, entered into force on June 26, 2015. The new Convention and its First Protocol were signed on May 3, 2012. The Second Protocol was signed on September 12, 2014.

In accordance with Article 28 of the new Convention, the provisions of the new Convention and its related protocols generally have effect in Canada: in respect of tax withheld at the source on amounts paid or credited to non-residents, on or after the first day of August 2015; and in respect of other Canadian tax, for taxation years beginning on or after the first day of January 2016.

The new Convention replaces the tax convention signed on May 13, 1980.”

See the full text of the new Convention here and the full text of the Second Protocol here.

See more on Canada’s tax conventions on DRTP’s resources page here.

Robert Robillard, Ph.D., CPA, CGA, MBA, M.Sc. Econ.
Senior Partner, DRTP Consulting Inc.
514-742-8086; robertrobillard “at”

DRTP Consulting Inc. solutions go beyond transfer pricing and international tax solutions. The information in this blog post is general information only. Data and information come from sources believed to be reliable but complete accuracy cannot be guaranteed. DRTP Consulting Inc. or the author are not responsible or liable for any error, omission or inaccuracy in such information. The opinions expressed in this blogpost are those of the author. Readers should seek advice and counsel from DRTP Consulting Inc. as required.

Posted by drtp On 2 July 2015