Paul Stepak Tracey Woo On April 22 2008, the Tax Court of Canada released its decision in Prevost Car Inc. v. The Queen (Prevost). At issue was whether a Netherlands holding company (BV) was the beneficial owner of dividends paid by its Canadian subsidiary, Prevost Car, for purposes of the reduced withholding tax rate on dividends under the Canada-Netherlands income tax convention (treaty).
June 30 2008