On September 23, 2008, the Fifth Protocol to the Canada-US Income Tax Convention, 1980 was ratified by the US Senate by unanimous consent, along with pending tax treaties with Iceland and Bulgaria. The Fifth Protocol was signed by Canada and the US on September 21, 2007 and was ratified by Canada on December 14, 2007 when Bill S-2 received Royal Assent.

type Tax News - September 2008 - US Ratifies Fifth Protocol