May I make a short statement. This is the fifth convention or agreement to be made with other countries by Canada for the purpose of removing double taxation and preventing fiscal evasion in relation to death duties. The others were with the United States, the United Kingdom, France and Ireland. The principal aims of this agreement are, first, exchange of information to prevent evasions; second, the granting of credits by the country of domicile, or residence in the case of South Africa, for duty paid by the same estate on the same assets to the other contracting country.
Succession Duty Agreement
Some of the other agreements have included agreed rules for situs of property but this agreement with South Africa leaves this question open for determination by the governments involved in each case. Otherwise the agreement is similar in its provisions to the others. We can deal with the separate articles as we go along.
Subtopic: SUCCESSION DUTY
Sub-subtopic: AGREEMENT BETWEEN CANADA AND THE UNION OF SOUTH AFRICA FOR THE AVOIDANCE OF DOUBLE TAXATION