Gord Evans - Financial Solutions

Gord Evans - Financial Solutions

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Specializing in personal and small-business accounting and tax services. Social media and web deve Accounting and tax guru. Local and international tax services.

12/06/2024

I found this rather interesting:

On November 18, 2024, Canada provided formal notice to the Russian Federation to confirm the suspension of the Agreement Between the Government of Canada and the Government of the Russian Federation for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, signed at Ottawa, October 5, 1995, as well as the operation of its accompanying Protocol. The suspension takes effect both for taxes withheld at source and in respect of other taxes on November 18, 2024, and continues until otherwise decided by the two governments. The Government of Canada intends to introduce legislative proposals that would give effect to this suspension under domestic law as of November 18, 2024.

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