The French Tax Administration published Guideline 14 B-1-06 of 17 January 2006 which provides the list of Canadian mutual funds in securities which benefit from an exemption or a reduction of withholding tax on French dividends and interest on the fraction of such income redistributed to Canadian residents. Details of the Guideline are summarized below.
(a) Background. Art. 29(7)(a) of the France-Canada tax treaty as amended by protocol of 30 November 1995, grants under certain …