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 19, 1990 |
| Audit Programs Directorate |
Resource Industries |
| Special Audits Division |
Section |
| E.H. Gauthier |
John Chan |
| Director |
957-9795 |
| B.A. Chisholm |
7-902755 |
SUBJECT: Oil & Gas Issue Report #04 Foreign Exploration and Development Expenses ("FEDE")
As requested in your memorandum dated September 26, 1990, we confirm that the letters issued by the Rulings Directorate on August 31, 1987 and August 27, 1990 pertaining to the deductibility of FEDE reflect the Directorate's current position with respect thereto.
We are also sending copies of correspondence issued by the Rulings Directorate on June 23, 1987, September 4, 1985 and October 11, 1984 which further support the audit policy on the deductibility of FEDE in your Oil and Gas Issue Report # O&G 04.
A/DirectorBilingual Services and ResourceIndustries DivisionRulings Directorate
Enclosures
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
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