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.
| 24(1) |
900848 |
| |
R.B. Day |
| |
(613) 957-2136 |
19(1)
November 7, 1990
Dear Sirs:
Re: Subsection 10(6) Election
Further to our recent telephone conversation, we confirm that paragraph 69(1)(c) of the Act would apply to the beneficiaries of the works of art discussed in our letter of October 17, 1990.
We would caution that the comments in this and our previous letter represent a general interpretation of the law based on the information contained in your letter. Should you have an actual case in mind, it should be referred to the District Taxation office concerned.
Yours truly,
for DirectorBusiness and General DivisionRulings DirectorateLegislative and IntergovernmentalAffairs Branch
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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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