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Record W3035640987

Treaty Shopping and the New Multilateral Tax Agreement—Is it Business as Usual in Canada?

2020· article· en· W3035640987 on OpenAlexaboutno aff
Catherine A. Brown, Joseph Bogle

Bibliographic record

VenueeYLS (Yale Law School) · 2020
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicTaxation and Legal Issues
Canadian institutionsnot available
Fundersnot available
KeywordsTreatyTax treatyInternational tradeBusinessInternational economicsInternational businessTax lawDouble taxationPolitical scienceLawEconomicsFinance
DOInot available

Abstract

fetched live from OpenAlex

On 1 January 2020 the Organization for Economic Cooperation and Development’s (OECD) Multilateral Convention (MLI) entered into effect for many of Canada’s tax treaties. New provisions introduced by the MLI, specifically the principal purpose test (PPT) and a new preamble, raised concerns that the bar to deny treaty benefits would be substantially lower than the bar previously set by Canada’s General Anti- Avoidance Rule (GAAR). This paper considers how the MLI will impact access to treaty benefits in Canada by applying the new MLI measures to treaty shopping cases previously challenged under the GAAR. The paper concludes that application of the PPT by Canadian courts will result in similar outcomes in these cases. In short, the MLI will arrive ‘with a whimper and not a bang’ in Canada. The MLI’s most significant impact on Canadian international tax law will be the patchwork quilt of tax avoidance regimes that will govern Canada’s tax treaties in the future.\nLa Convention multilatérale (IM) , née de l’Initiative de l’OCDE e vue de prévenir l’érosion de la base d’imposition et le transfert des bénéfices (BEPS) et lutter contre l’évasion fiscale internationale, est entrée en vigueur au Canada le 1er décembre 2019. L’IM entraînera des modifications à de nombreuses conventions fiscales du Canada, notamment l’ajout de nouvelles mesures pour contrer les stratégies d’évitement fiscal. Il est généralement admis que ces mesures abaisseront considérablement la barre pour éliminer les avantages des conventions fiscales qui avait été fixée par la règle générale anti-évitement (RGAE) du Canada, et remettront en question le statu quo selon lequel, à des fins fiscales, le « chalandage fiscal » n’est pas en soi « intrinsèquement correct ou incorrect ». Le présent article remet en question cette conclusion. Le principal changement qui sera apporté par l’IM aux 93 conventions fiscales du Canada consistera en une série de régimes d’évitement fiscal différents selon qu’il s’agit d’une convention couverte ou non et selon les mesures d’évitement fiscal spécifiques qu’elle adopte.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.500
Threshold uncertainty score0.999

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0020.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.020
GPT teacher head0.232
Teacher spread0.212 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2020
Admission routes1
Has abstractyes

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