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A-399-78
Holbrook R. Davis (Appellant)
v.
The Queen (Respondent)
Court of Appeal, Pratte and Le Dain JJ. and Hyde D.J.—Montreal, January 15, 1980.
Income tax — Income calculation — Capital gain — Cana- da-U.S. Tax Convention Act, 1943 — Appellant, a former resident of Canada, realized capital gain after becoming resi dent of U.S. — Whether or not s. 48 of Income Tax Act deeming disposition of capital asset on departure in 1972 conflicted with Article VIII of the Convention provision that capital gains tax would not be assessed on a person realizing a capital gain after establishing American residency — Appeal dismissed — Income Tax Act, S.C. 1970-71-72, c. 63, s. 48(1) as amended by S.C. 1973-74, c. 14, s. 9 — The Canada-Unit ed States of America Tax Convention Act, 1943, S.C. 1943-44, c. 21, s. 3.
INCOME tax appeal. COUNSEL:
S. Minzberg for appellant. G. Du Pont for respondent.
SOLICITORS:
Phillips & Vineberg, Montreal, for appellant.
Deputy Attorney General of Canada for respondent.
The following are the reasons for judgment delivered orally in English by
PRATTE J.: This is an appeal from a judgment of the Trial Division [[1979] 1 F.C. 318] dismiss ing the appellant's appeal from an income tax assessment for the 1972 taxation year, made under subsection 48(1) of the Income Tax Act, S.C. 1970-71-72, c. 63.
Section 48 of the Income Tax Act was amended in 1973 by section 9 of chapter 14 of the Statutes of Canada 1973-74 and the new section was expressly made applicable to the 1972 taxation year. It is common ground that the new section 48 supports the assessment. However, the appellant contends, and all his attacks against the judgment'
of the Trial Division rest on that contention, that the new section 48 cannot be invoked against him in this case because there is an inconsistency be tween the operation of the new section 48 and Article VIII of the Canada-United States Tax Convention (see The Canada-United States of America Tax Convention Act, 1943, S.C. 1943-44, c. 21,s. 3).
That contention is, in my view, ill founded. Under the Convention a person, who, like the appellant, has become a resident of the United States, is not taxable in Canada by reason of the capital gains made by him after becoming a United States resident. This does not conflict, in my view, with the new section 48 which has merely the effect of taxing the appellant for 1972 on the fictitious basis that he is deemed, while he was a Canadian resident, to have made certain capital gains.
In effect, the appellant's contention that there was conflict between the Convention and the new section 48 was based on the view that the new section affected vested rights that the appellant had acquired under the old section 48 and the Convention. I do not share that view. Under the Convention and the old section 48 (as the appel lant interprets it)' the appellant had, as long as the law remained unchanged, the right not to be taxed in respect of the capital gains that the old section 48 deemed him to have made. The appellant, however, did not have the right to be protected against a retroactive change in the legislation.
For those reasons, I would dismiss the appeal
with costs.
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LE DAIN J. concurred.
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HYDE D.J. concurred.
' And it should not be implied that I agree with that interpretation.
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