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.
| |
DATE: March 9, 1990 |
| TO: CALGARY DISTRICT OFFICE |
FROM: HEAD OFFICE |
| |
Rulings Directorate |
| Attention: Ross Brown |
Financial Institutions Section |
| Section Chief - Trust Section |
M.M. Trotier |
| |
(613) 957-8957 |
| |
FILE No. 7-4688 |
SUBJECT: 24(1)
We have recently been advised by 19(1) that your district office will be reviewing the income tax returns of 24(1) and its related trusts.
We issued an advance income tax rulings with respect to 24(1) on August 12, 1988 and a supplementary ruling on December 23, 1988 (copies attached). We had agreed at that time to write a memorandum to the relevant district office to comment on the application of subsection 75(2) of the Income Tax Act with respect to 24(1) only recently did 19(1) advise us that Calgary is the appropriate District Office. We are, therefore, enclosing the draft memorandum which we had proposed in September 1988 on this issue. 19(1) has indicated that the remission order for 1987 had not yet been requested.
We trust the attached will be of assistance. Please do not hesitate to contact us if you have any questions.
ChiefFinancial Institutions SectionFinancial Industries DivisionRulings Directorate
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© Her Majesty the Queen in Right of Canada, 1990
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© Sa Majesté la Reine du Chef du Canada, 1990
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