Canada–Israel Tax Convention Act, 2016

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Sections13

• 1Short title

  This Act may be cited as the Canada–Israel Tax Convention Act, 2016.

• 2Definition of Convention

  In this Act, Convention means the convention between Canada and the State of Israel set out in Schedule 1, as amended by the Protocol set out in Schedule 2.

• 3Convention approved

  The Convention is approved and has the force of law in Canada during the period that the Convention, by its terms, is in force.

• 4Inconsistent laws — general rule
• 4(1)

  Subject to subsection (2), in the event of any inconsistency between the provisions of this Act or the Convention and the provisions of any other law, the provisions of this Act and the Convention prevail to the extent of the inconsistency.

• 4(2)Inconsistent laws — exception

  In the event of any inconsistency between the provisions of the Convention and the provisions of the Income Tax Conventions Interpretation Act, the provisions of that Act prevail to the extent of the inconsistency.

• 5Regulations

  The Minister of National Revenue may make any regulations that are necessary for carrying out the Convention or for giving effect to any of its provisions.

• 6Notifications
• 6(1)

  The Minister of Finance must cause to be published in the Canada Gazette

• 6(1)*(a)

  on or before the 60th day following the day on which the Convention enters into force, a notice of the day on which the Convention has entered into force; [Note: Notice given that the Convention entered into force on December 21, 2016, see Canada Gazette Part I, Volume 151, page 664.]

• 6(1)(b)

  on or before the 60th day following the day on which an event causing the termination of the Convention occurs, a notice that the Convention terminates on the last date on which it has effect in accordance with paragraph 2 of Article 29 of the Convention; and

• 6(1)*(c)

  on or before the 60th day following the day on which the Convention enters into force, a notice that the Convention Between Canada and the State of Israel for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, done at Ottawa on 21 July 1975, referred to in this section as the 1975 Convention and set out in Schedule III to An Act to implement conventions for the avoidance of double taxation with respect to income tax between Canada and France, Canada and Belgium and Canada and Israel, (referred to in this section as the 1976 Implementation Act), terminates on the last date on which it has effect in accordance with paragraph 2 of Article 28 of the Convention. [Note: Notice given that the 1975 Convention terminates on the last date on which it has effect in accordance with paragraph 2 of article 28 of the Convention, see Can…

• 6(2)No notification under 1975 Implementation Act

  Section 9 of the 1976 Implementation Act does not apply in respect of the 1975 Convention ceasing to be effective.