10 January 1990 Income Tax Severed Letter ACC8892 - Companies Incorporated under Part II of the Canada Corporations Act

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.

HBW 6591-UI
                                               Jim Wilson
                                               (613) 957-2063

January 10, 1990

Dear 19(1)

Re:                    24(1)

We are writing in regard to your letter of September 26, 1989,
addressed to the Canadian High Commission in London, concerning
the legal status of the        24(1)

Unfortunately, we cannot discuss any matters pertaining to this particular taxpayer because the request was not received from the competent authority. However, the following information may be of some assistance.

1. Where companies incorporated under Part II of the Canada Corporations Act are still in good standing, (i.e. charter has not been surrendered or forfeited, company has not wound-up, etc.), they are considered separate legal entities in Canada.

2. For purposes of the Income Tax Act of Canada, the terms "person", "corporation" and "taxpayer" include those entitles incorporated under Part II of that Act.

3. For information on whether this particular entity is currently a legal entity, you should write to Consumer and Corporate Affairs, Ottawa, Ontario, Canada K1A 0C9.

We trust you will find this to your satisfaction.

Yours sincerely,

C. Savage A/Director Provincial and International Relations Division

JW/sg no3-349 File copy Sequence file Author's copy Chrono file Reading file