Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
XXXXXXXXXX
XXXXXXXXXX 3-980576(B)
XXXXXXXXXX
Attention: XXXXXXXXXX
XXXXXXXXXX, 1998
Dear Sirs:
Re: XXXXXXXXXX
Advance Income Tax Ruling Request
on our file number 3-980576
This is in reference to your letter of XXXXXXXXXX, in which you requested a change to subparagraph 31(c) in our letter of XXXXXXXXXX, 1998 (the "Ruling"). Terms defined in the Ruling to have a certain meaning have the same meaning when used in this letter.
As a result of your request, subparagraph 31(c) will be deleted and replaced by the following:
"31(c) all shares of XXXXXXXXXX held by XXXXXXXXXX will be cancelled on the amalgamation and, as XXXXXXXXXX is the sole shareholder of XXXXXXXXXX, the shareholders of XXXXXXXXXX will become the shareholders of Amalco with no share of Amalco being issued on the amalgamation."
We confirm that the above change will not affect the rulings given in the Ruling and they will continue to be binding on the Department as indicated therein.
Yours truly,
for Director
Reorganizations and International Division
Income Tax Rulings and
Interpretations Directorate
Policy and Legislation Branch
- 2 -
.../cont’d
All rights reserved. Permission is granted to electronically copy and to print in hard copy for internal use only. No part of this information may be reproduced, modified, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or stored in a retrieval system for any purpose other than noted above (including sales), without prior written permission of Canada Revenue Agency, Ottawa, Ontario K1A 0L5
© Her Majesty the Queen in Right of Canada, 1997
Tous droits réservés. Il est permis de copier sous forme électronique ou d'imprimer pour un usage interne seulement. Toutefois, il est interdit de reproduire, de modifier, de transmettre ou de redistributer de l'information, sous quelque forme ou par quelque moyen que ce soit, de facon électronique, méchanique, photocopies ou autre, ou par stockage dans des systèmes d'extraction ou pour tout usage autre que ceux susmentionnés (incluant pour fin commerciale), sans l'autorisation écrite préalable de l'Agence du revenu du Canada, Ottawa, Ontario K1A 0L5.
© Sa Majesté la Reine du Chef du Canada, 1997
Email this Content