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.
Principal Issues:
Whether or not a ruling can be extended to include another party
Position TAKEN:
No
Reasons FOR POSITION TAKEN:
IC 70-6R2 paragraph 8
5-950623
XXXXXXXXXX M.P. Baldwin
Attention: XXXXXXXXXX
June 1, 1995
Dear Sirs:
Re: XXXXXXXXXX
This is in reply to your letter of February 27, 1995 requesting confirmation that an advance income tax ruling previously issued to your firm apply equally to XXXXXXXXXX and its Dealer Retirement Incentive Program.
As noted in paragraph 8 of Information Circular 70-6R2 " An advance ruling given by the Department applies only to the taxpayer(s) who requested it or on whose behalf it was requested....Advance rulings apply only to the transactions specified in the advance ruling." As a consequence thereof, the Department cannot provide a ruling or supplementary ruling of the nature requested.
Yours truly,
for Director
Financial Industries Division
Income Tax Rulings and
Interpretations Directorate
Policy and Legislation Branch
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