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Taxation of Social Security Benefits 
Protocol to the Canada-U.S. Income Tax Convention

• News Release 97-062.

Frequently-Asked Questions
July 29, 1997

• General.
• Residents of Canada who receive U.S. social security benefits.
• Residents of the U.S. who receive Canadian benefits (CPP, QPP, OAS).

General.

Contents:

1. Is this agreement different from what was announced in April?
2. Is the text of the Protocol available?
3. When will the changes take effect?
4. What has to happen for the Protocol to be ratified?
5. Where can I get more information?

Residents of Canada who receive U.S. social security benefits.

Contents:

1. What U.S. social security benefits are affected by the proposed changes to the tax treaty?
2. How do the proposed changes affect the taxation of these benefits?
3. I live in Canada and in 1996 and 1997 I paid United States tax on my U.S. social security benefits. When will I get a refund?
4. Will the Government of Canada refund my 1996 and 1997 U.S. tax?
5. How much tax will I get back?
6. Will the Canadian tax on my benefits be higher than the U.S. tax?
7. Will this change affect my 1996 Canadian income tax return?
8. When will the U.S. stop taking tax off my benefits?
9. I am a U.S. citizen. What does this change mean for me?

Residents of the U.S. who receive Canadian benefits (CPP, QPP, OAS).

Contents:

1. What Canadian payments are affected by the proposed changes to the convention?
2. How do the proposed changes affect the taxation of these benefits?
3. I live in the U.S. and I have paid Canadian tax on my Canadian benefits. When will I get a refund?
4. Which Government will refund my Canadian tax?
5. How much tax will I get back?
6. Will this change affect my 1996 Canadian tax return?
7. What do I have to do differently now that this change has been announced?
8. My OAS benefit was suspended because my income was high (or because I did not file the OASRI). Will it be reinstated automatically?