Guide for Payments to Non-Residents for Services in Canada

The updated 2011 guide for payments to non-residents for services provided in Canada is now available online at CRA.

Transfer pricing - loans and guarantees

A good article in the CA Magazine concerning multi-national inter-company loans and guarantees and the transfer pricing implications.

TIEA signed with the Turks and Caicos

Another tax information exchange agreement has been signed.  This one with the Turks and Caicos.   The agreement is in effect for tax matters starting October 6, 2011.  For non-criminal matters it will only affect taxable periods starting on or after that date.