15 November 1989 Ruling 89M11573 F - Withholding Taxes on Bond Interest Payments and Exchange of Information

By services, 18 January, 2022
Official title
Withholding Taxes on Bond Interest Payments and Exchange of Information
Language
French
CRA tags
n/a
Document number
Citation name
89M11573
Severed letter type
Ruling
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
632720
Extra import data
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"field_release_date_new": "1989-11-15 07:00:00",
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Main text

19(1)

November 15, 1989

Dear 19(1)

Re:  Withholding Taxes on Bond Interest Payments and Exchanges of Information

The note presented at the October meeting contains the following discrepancies regarding Canada.

1.     Footnotes to Table I - The words "In the case of resident companies" should be deleted from the second sentence as it is a bit confusing.

2.     Table 4 - The comment "minor exemption for certain interest" should be in the right hand column as Canada does not levy withholding with respect to resident recipients of interest.

3.     Table 7 - insert word "spontaneous" after "Automatic and".

I apologize for the delay in responding.

Yours sincerely,

C. SavageA/DirectorProvincial and International Relations Division

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