Protocol Signed Between Canada and Barbados
November 8, 2011
A Protocol amending the Agreement between Canada and Barbados for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income and on Capital, signed on January 22, 1980, was signed on November 8, 2011, in Bridgetown.
Consistent with the Government’s policy announced in Budget 2007, the Protocol includes provisions reflecting the standard developed by the Organisation for Economic Cooperation and Development for the exchange of tax information.
Canada and Barbados will notify each other once their respective domestic implementation procedures are complete. The Protocol will enter into force on the date of the later of these notifications and its provisions will have effect in accordance with Article 6 of the Protocol.
A further notice advising of the entry into force of the Protocol will be communicated at that time.
For further information contact:
Tax Legislation Division
Phone: 613-369-4016