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.
Principal Issues: This is a clarification of our previous opinion.
Position: Our previous opinion describes the mechanism of the EPSP provisions and does not preclude the application of any other provision of the Act.
Reasons: As per definitions in subsection 144(1).
April 14, 2004
HEADQUARTERS HEADQUARTERS
Appeals Branch Income Tax Rulings
CPP / EI Appeals Division Directorate
14th floor C. Lalonde
25 Nicholas 957-2060
Attention: Mr. André Lebourdais 2004-006283
Employee Profit Sharing Plan (EPSP)
This refers to our previous memorandum dated April 6, 2004. For greater certainty, our opinion describes strictly the mechanism of the EPSP provisions. It does not preclude the application of any other provision of the Act depending on the circumstances.
Roberta Albert, CA
Manager
Income Tax Rulings Directorate
Policy and Legislation Branch
All rights reserved. Permission is granted to electronically copy and to print in hard copy for internal use only. No part of this information may be reproduced, modified, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or stored in a retrieval system for any purpose other than noted above (including sales), without prior written permission of Canada Revenue Agency, Ottawa, Ontario K1A 0L5
© Her Majesty the Queen in Right of Canada, 2004
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, 2004
Email this Content