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.
Dear Sirs:
This is in reply to your letter dated April 23, 1981 concerning a modification of the Department's position expressed at the 1980 Revenue Canada Round Table on the implications of the recent decision of H.A. Fawcett & Son, Limited v. The Queen, [[1980] C.T.C. 293] 80 DTC 6195 (F.C.A.).
This modification was included as a supplement to the January-February, 1981 volume of the Canadian Tax Journal and indicates that our Department will continue its current assessing practice of considering that the status of a private corporation does not change on the acquisition of control by a public corporation acting as executor as a result of the death of an individual. We added that we will continue to disqualify the private status of corporations in any case where this assessing practice produces unintended results.
You state in your letter that you are finding it difficult to imagine a type of situation where "unintended results" would arise and you ask us to provide you with examples.
We regret that we cannot provide you with examples; a particular situation will be analysed taking into consideration all relevant facts. If you have a specific situation, you may wish to request an advance income tax ruling.
We regret that our reply cannot be more specific.
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© Her Majesty the Queen in Right of Canada, 1981
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, 1981
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