Protocol Signed Between Canada and Luxembourg

May 8, 2012

• Full text of the Protocol

A Protocol amending the Convention between the Government of Canada and the Government of the Grand Duchy of Luxembourg for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, signed in Luxembourg on September 10, 1999, was signed on May 8, 2012, in Montreal.

Consistent with the Government’s policy announced in Budget 2007, the Protocol includes provisions reflecting the standard developed by the Organisation for Economic Cooperation and Development for the exchange of tax information.

Canada and Luxembourg will notify each other of the completion of their respective procedures which are necessary for the entry into force of the Protocol. The Protocol will enter into force on the date of the later of these notifications and its provisions will generally have effect for taxable periods beginning on or after January 1st of the calendar year following the year of its entry into force.

A further notice advising of the entry into force of the Protocol will be communicated at that time.

For further information contact:

Tax Legislation Division
Phone: 613-369-4016