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.
XXXXXXXXXX
Attention: XXXXXXXXXX
Dear Sirs:
RE: Class 34 - Capital Cost Allowance ("CCA")
This is in reply to your faxed letter of March 16, 1993 addressed to the XXXXXXXXXX District Office which was forwarded to us for reply.
In your letter you request a ruling from this Department with respect to Class 34 CCA eligibility and utilization in a proposed new venture at
XXXXXXXXXX
You then ask a series of 3 questions, our answers to which will follow your point order.
Our Comments:
Advance income tax rulings are given in respect of proposed transactions in accordance with the guidelines set out in Information Circular 70-6R2 and the supplement to IC 70-6R2, copies of which are enclosed for your information.
1. Photovoltaic applications are not included in class 34 at this time.
2. Responsibility for changes to the Income Tax Act and Regulations lies with the Department of Finance. Information relative to the matter raised in your letter may be obtained from that Department by telephoning (613) 992-1916 or writing to the following:
L. Farber, Director Tax Legislation Division Tax Policy Branch Department of Finance L'Esplanade Laurier 140 O'Connor Street Ottawa, Ontario L1A 0G5
3. A class 34 certificate is required for each installation. Information relative to the certification of properties included in class 34 can be obtained by telephoning (613) 996-2480 or by writing to the following:
Don J. Skinner, Chief Industrial/Commercial Energy Efficiency Technologies Energy Efficiency Technology Division Technology Branch Energy, Mines and Resources Canada 580 Booth Street Ottawa, Ontario K1A 0E4
We trust our comments will be of assistance to you.
Yours truly,
R. Albert 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, 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
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