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.
| Director General |
| Tax Policy Analysis Division |
| Energy, Mines & Resources Canada |
File No. 5-8850 |
| Room 706, 580 Booth Street |
G.R. White |
| Ottawa Ontario |
957-8585 |
| K1A 0E4 |
Attention: Mr. Donald G. Shell DirectorMining Tax Legislation Interpretation Division
October 19, 1989
Dear Sirs:
Re: 24(1) Mineral Resource Subsection 248(1) of the Income Tax Act
We are writing to request your certification that diamond deposits occurring in kimberlite pipes is a mineral resource as that term is defined under subparagraph (d)(i) of the definition in subsection 248(1) of the Income Tax Act.
Attached is a letter and a fax from the 24(1) legal representative stating that the company is exploring for diamonds in kimberlite pipes near 24(1) The certification is required to secure the release of a CEIP grant.
We note your reply dated November 20, 1987, to a similar request from 24(1)
Yours truly,
Director General Rulings DirectorateLegislative and IntergovernmentalAffairs Branch
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© Her Majesty the Queen in Right of Canada, 1989
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© Sa Majesté la Reine du Chef du Canada, 1989
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