May 15, 2012
Brian Mustard
Montreal, International Corporate Tax
Heather O'Hagan
Toronto, International Corporate Tax
Canada and Luxembourg signed a Protocol amending the Canada-Luxembourg tax treaty on May 8, 2012. The only significant change in the Protocol appears to amend the treaty to reflect the standard developed by the Organisation for Economic Cooperation and Development (OECD) for the exchange of tax information. The treaty was initially signed in 1999.