Indonesian Political, Business & Finance News

Canada, RI in tax pacts

| Source: DJ

Canada, RI in tax pacts

OTTAWA (Dow Jones): The Canadian government announced separate tax arrangements with Vietnam, Indonesia and the Netherlands.

The Canadian Finance Department said a Canada-Vietnam agreement to avoid double taxation and to prevent tax evasion has now entered into force. The agreement was signed in Hanoi Nov. 14, 1997.

The department said a protocol amending the 1979 tax convention between Canada and Indonesia has entered in force. A protocol amending the tax convention between Canada and the Netherlands is to enter into force Jan. 15.

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