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.
19(1) Peter Lee
(613) 957-2745
January 2, 1990
Dear Sir:
Re: 24(1) Tax Ruling Request Distressed Term Preferred Shares
We are writing to confirm your request to withdraw the tax ruling request of July 7, 1989 with respect to a proposed issue of distressed term preferred shares.
24(1)
As we are unable to proceed with our review until your client's intentions are confirmed, we are closing our file on this matter.
In the meantime, we will be forwarding a billing to cover the time spent on this file to date. Should you wish to have us consider your tax ruling request again, we will be pleased to re-open this file and give it priority consideration.
Yours truly,
Director Financial Industries Division Rulings Directorate
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© Her Majesty the Queen in Right of Canada, 1990
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© Sa Majesté la Reine du Chef du Canada, 1990
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