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.
| |
October 17, 1989 |
| Ottawa Taxation Centre |
Specialty Rulings |
| |
Directorate |
| D.J. Doherty |
D.Y. Dalphy |
| Chief of Assessing |
957-2117 |
| |
File: 7-3781 |
Subject: 24(1) Request for an Advance Income Tax Ruling
We enclose copies, for your reference, of correspondence in respect of the above-noted corporation. Their request for an advance income tax ruling was withdrawn since we were unable to provide a favourable advance tax ruling.
It is our view that, if the taxpayers proceed with the proposed transactions, capital gains will arise. If you require any assistance on this matter, please do not hesitate to contact us.
K.H. MajorChiefForeign SectionReorganizations and Non-ResidentsSpecialty Rulings Directorate Legislative and Intergovernmental Affairs Branch
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© Her Majesty the Queen in Right of Canada, 1989
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© Sa Majesté la Reine du Chef du Canada, 1989
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