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.
FAX SERVICES DOC. NO. July 18, 1989 # 296
3-2541 W.C. Harding (613) 957-3499
XXX
July 18, 1989
Dear Sirs:
Re: Request for Advance Income Tax Ruling
XXX
This is in reply to your letter couriered to us on June 30, 1989 wherein you requested the above-noted ruling.
Information Circular No. 70-6R [Information Circular 70-6R] paragraph 15 and 16 provide details of the procedures to be followed in requesting an advance ruling. Paragraph 16 in particular requires (among others) that the request:
- a. include a clear statement of the questions on which the ruling is required;
- b. provide a frank disclosure of the purpose of the proposed transactions; and
- c. identify the specific provisions of the Income Tax Act (the Act) with respect to which a ruling is sought, your interpretation of those provisions as they relate to the request and the reasons and authorities in support thereof.
When a ruling is given it will generally provide that each of the provisions of the Act as specified in c. above will or will not apply as the case may be.
A ruling request must also contain a statement as to whether any of the issues involved are to the best of the taxpayer's knowledge being considered by a District Office and/or Taxation Centre in connection with a tax return already filed, or if any of the issues are under objection.
We would also like to note that in general, favourable and unconditional rulings could not be provided in respect of a plan which contain provisions which allow for the amendment, modification or interpretation of the plan at will.
We would be pleased to rule on the plan if it is resubmitted as described above. Your deposit will be returned under separate cover. Please note that the current deposit required is $325 and the hourly fee for rulings has been increased to $65.
Yours truly,
for Director
Financial Industries Division
Rulings Directorate
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© Her Majesty the Queen in Right of Canada, 1989
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, 1989
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