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.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department. Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
930538
XXXXXXXXXX A.W. Larochelle
(613) 952-1361
Attention: XXXXXXXXXX
May 4, 1993
Dear Sirs:
Re: Self-Funded Research Grants Program
We are replying to your letter of February 16, 1993 to which you attached a copy of a draft of the XXXXXXXXXX Self-Funded Research Grants Program. We also refer to our telephone conversation of April 16, 1993 (XXXXXXXXXX/Larochelle).
During the course of our telephone conversation we discussed
the various concerns that the Department had expressed to
other Universities regarding their Self-Funded Research
Programs and you have assured us that these concerns will be
considered in grants awarded by your University. You have
furthermore confirmed that you have received a copy of our
letter of June 10, 1988 to XXXXXXXXXX
regarding their program and will carefully
consider the points raised particularly that grants will be
awarded if the University will benefit from the research,
the activity is time1y and appropriate for the field of
interest of the researcher and the amounts requested appear
reasonable and justifiable. In this regard, we advise that
in addition to the above, for the purpose of paragraph
56(1)(o) of the Income Tax Act (the Act), research must
involve a critical or scientific inquiry having for its aim
the discovery of new facts and their correct interpretation
or their practical applications.
Provided that the research carried out is of the type described in paragraph 18 of Interpretation Bulletin IT-75R2 , it is our view that amounts paid out pursuant to the criteria outlined in the draft copy of your Self-Funded Research Grants Program would qualify as research grants for the purpose of paragraph 56(1)(o) of the Income Tax Act (the Act).
Yours truly,
J.A. Szeszycki for Director Business and General Division Specialty Rulings Directorate Legislative 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, 1993
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, 1993