28 November 1990 Income Tax Severed Letter HBW4125U31B F - Tax-Exempt Dividend Service System

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.

November 28, 1990

19(1)

We are writing further to your letter dated September 19, 1990, and attachments thereto, concerning the assignment of a Tax Exempt Dividend Service number hereinafter referred to as "TEDS", to 24(1) which fall into the following categories:

-     Canadian Municipalities and

-     Foreign Governments or entities.

As requested, we have reviewed your comments and the additional documents provided and our comments are as follows:

24(1)

However, it is our understanding that the TEDS system has been expanded to take into account other situations where payments may flow from Canada to the credit of a resident of Canada who is exempt from taxation. In this regard, we have addressed this matter with the International Taxation Office and consideration will be given to the issuance of a registration number under the TEDS system.

24(1)

As in the case of 24(1) we see no reason not to issue a registration number under the TEDS system and in this regard we have sent a copy of the additional information provided to the International Taxation Office for consideration.

24(1)

We have spoken with officials in the International Taxation Office who will consider issuance of a registration number. The International Taxation Office will write to you further on this matter.

24(1)

We are unable to provide any further comments on this case which has been investigated extensively by this Division. A copy of our recent response to 24(1) is attached.

24(1)

We are unable to comment further on this matter until a response is received to our earlier letter of April 10, 1990, a copy of which is enclosed.

A copy of all letters will be sent to the International Taxation Office for additional action. For your records the addresses and contact person is as follows:

Mr. Keith HillierDirectorNon-Resident Taxation Division360 Lisgar StreetOttawa, OntarioK1A 0L8

     Attention: Jack Steinman

We trust that our comments are of assistance.

Yours sincerely,

Christine SavageActing DirectorProvincial and International Relations Division

c.c.   Non-Resident Taxation Division

file copy reading file sequence fileaccess to info (2)control # state disc U.S. #1