Regulation 5904

Subsection 5904(2)

Administrative Policy

3 February 1992 T.I. 912951 (March 1993 Access Letter, p. 73 ¶C82-111; Tax Window, No. 16, p. 22, ¶1724)

A return of paid-up capital of a foreign affiliate does not constitute a distribution for purposes of Regulation 5904(2)(a).

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