The agreement between Canada and the Hong Kong Special Administrative Region of the People’s Republic of China due to avoid of double taxation and prevent of fiscal evasion has entered into force on October 29, 2013. According to article 27 of the treaty, its provisions generally have impact on Canada:
• Tax withholding at source on amounts paid or credited to nonresidents on or after January 1, 2014.
• Taxation years beginning in regarding to other Canadian tax on or after January 1, 2014.
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