International Trade committee  Yes.

International Trade committee  Thank you, Mr. Chairman.

International Trade committee  I stand corrected; it was Budget 2007 and not 2008. I apologize.

International Trade committee  Yes, that is correct.

International Trade committee  Yes.

International Trade committee  In 2007, the government's new policy aimed to treat dividends brought back from certain countries the same way as dividends brought back from the Bahamas, or other countries which had tax treaties with Canada. Budget 2007 simply confirmed that countries wanting to conclude tax in

International Trade committee  Thank you, Mr. Chair. It was the Department of Finance that wrote the letter to Panama. If my memory is correct, this occurred last July. The purpose of this letter was to invite Panama to negotiate a tax information exchange agreement. I do not believe that it is unusual for a

International Trade committee  If the question is whether we believe tax treaties are the way to go, Canada's vast network of tax treaties includes the recently amended article 26, which addresses the exchange of information. Most if not all countries are striving to achieve the OECD standards of effective exc

International Trade committee  Thank you for inviting the Canada Revenue Agency to appear before this committee on the subject of Bill C-46. My name is Richard Montroy. I am the deputy assistant commissioner for the compliance programs branch in the Canada Revenue Agency. With me today are Mr. Brian McCauley,