Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
951398 XXXXXXXXXX C.R. Bowen
Attention: XXXXXXXXXX
September 20, 1995
Dear Sirs:
We are writing in reply to your letter dated May 15, 1995, wherein you requested our comments on the application of subsection 104(24) of the Income Tax Act (the "Act"). We apologize for the delay in responding to your letter and are writing to advise you that we have undertaken a study of several issues which have arisen in connection with that provision. Upon completing our study, we will respond to your letter.
Yours truly,
for Director
Manufacturing Industries, Partnerships
and Trusts Division
Income Tax Rulings and Interpretations Directorate
Policy and Legislation Branch