Finance has announced that Canada's Tax Information Exchange Agreement (TIEA) with Uruguay came into force on June 27, 2014. Under Article 12 of the TIEA, the TIEA will generally apply to taxable periods that begin on or after June 27, 2014, or where there is no taxable period, for all charges to tax arising on or after that date. The TIEA was signed on February 5, 2013.
For more information, contact your KPMG adviser.
Information is current to July 15, 2014. 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