The Protocol takes effect for taxation years beginning on or after January 1 of the calendar year following the year of its entry into force. Therefore, because the Protocol enters into force on October 1, 2013, its amendments will affect taxation years beginning on or after January 1, 2014.
For more information, contact your KPMG adviser.
Information is current to July 30, 2013. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500