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) |
901016 |
| |
M. Eisner |
| |
(613) 957-2138 |
| Attention: 19(1) |
EACC9464 |
July 5, 1990
Dear Sirs:
This is in reply to your letter of May 28, 1990 concerning the effect of a deduction under paragraph 20(1)(j) of the Income Tax Act (the "Act") and an income inclusion under subsection 15(2) of the Act on the "cumulative net investment loss" account as defined in subsection 110.6(1) of the Act.
As the above issued are currently being studied by the Department and we do not expect to finalize our position for several months, we have not addressed them at this time. However, if you have a specific case with which you are concerned, you may wish to submit the details thereof to your local District Office. We would also be pleased to provide you with our views on those issues once our position is finalized should you decide to make a subsequent submission.
We regret that we could not be of further assistance to you at this time.
Yours truly,
for DirectorBusiness and General DivisionRulings DirectorateLegislative and Intergovernmental Affairs Branch
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, 1990
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, 1990
Email this Content