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.
March 11, 1975
HEAD OFFICE Source Deductions Division Programs & Operations Section
Ref: 166-1-9-13 166-8-13
RE: XXXX
REFUND APPLICATION
We attach self-explanatory documentation on the above-mentioned corporation.
While we agree that Article 7 would render profits from the operation of aircraft in international traffic exempt from tax in Canada, we are at loss to understand why interest would be tax-exempt when considering Article 6(6) of the Canada-U.K. Tax Convention, and subsection 805(1) of the Income Tax Regulations.
Your comments would be appreciated for proper reply to our District Office.
Director Source Deductions Division
Attachments
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, 1975
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, 1975
Email this Content