Retraction -- Tax Convention Between Canada and Peru Not Yet In Force
Based on an official notification received by the Government of Canada from the Government of the Republic of Peru, the Department announced, on December 30, 2002, that the Convention between Canada and Peru for the avoidance of double taxation and the prevention of fiscal evasion signed on July 20, 2001 entered into force on December 24, 2002. The Department has since been informed that the notification was issued in error and that Peru has yet to complete its internal procedures required to bring the Convention into force in accordance with Article 29 of the Convention. A further announcement will be issued once Peru has completed the procedures necessary to bring the Convention into force.
For further information contact:
Tax Legislation Division