18 May 2000 Internal T.I. 2000-0006037 F - FRAIS D'ACQUISITION -- summary under Subsection 18(9.02)

Regarding life insurance policy acquisition expenses, including commissions directly related to the acquisition of the policy, incurred by an insurer, CCRA noted that proposed “subsection 18(9.02) … applies only to life insurance policies referred to in paragraph 1401(1)(b) of the Income Tax Regulations (after 1995 - 1404(3)(C)) and to certain damage insurance policies referred to in subsection 1400(3)”.