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.
MINISTER/DM'S OFFICE 93-2567T ADM'S OFFICE CENTRAL RECORDS RETURN TO RULINGS, ROOM 303, MET. BLDG.
XXXXXXXXXX
Dear XXXXXXXXXX
I am writing in reply to your letter of April 22, 1993, addressed to my predecessor, the Honourable Otto Jelinek, regarding the treatment under the Income Tax Act of costs relating to building a golf course.
Present jurisprudence dictates that the costs of building greens and tees together with landscaping fairways are non-deductible capital improvements to land. An amendment to the Act would be required to provide the tax treatment that XXXXXXXXXX and his associates desire. Such amendments are the responsibility of my colleague, the Honourable Gilles Loiselle, Minister of Finance. I note that XXXXXXXXXX and his associates have made representations to the Department of Finance, and I am confident that their concerns will be given careful consideration.
I wish to thank you for bringing this matter to my attention.
Yours sincerely,
Garth Turner
c.c. The Honourable Gilles Loiselle, P.C., M.P. Minister of Finance
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© Her Majesty the Queen in Right of Canada, 1993
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© Sa Majesté la Reine du Chef du Canada, 1993
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