AUSTRALIAN TAX TREATIES
Canadian Convention
PROTOCOL AMENDING THE CONVENTION BETWEEN AUSTRALIA AND CANADA FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME
ARTICLE 4
Subparagraph (b) of paragraph (4) of Article 5 of the Convention shall be deleted and replaced by the following:
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the MLI) has modified the application of this tax treaty. A synthesised text of the MLI and this tax treaty is available to facilitate the understanding of how the MLI modifies this tax treaty.
Subparagraph (b) of paragraph (4) of Article 5 of the Convention shall be deleted and replaced by the following:
" (b) substantial equipment is being used in that State by, for or under contract with the enterprise other than in connection with a building site or construction, installation or assembly project of the enterprise. " .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.