Canada — Historical Events Description

Canada flag
Canada
Event
Canada–Indonesia Tax Treaty Signed
Category
Economic
Date
1979-01-16
Country
Canada
Description

Canada and Indonesia signed an income tax convention aimed at avoiding double taxation and reducing tax evasion. The agreement set rules for how different types of income would be taxed when activities or people were connected to both countries. This made cross-border business and investment more predictable for companies and individuals. It also supported cooperation between the two governments on tax matters