26 October 1989 Ministerial Letter 58888 F - Arrangements with Purchasers of Condominiums

By services, 18 January, 2022
Official title
Arrangements with Purchasers of Condominiums
Language
French
CRA tags
n/a
Document number
Citation name
58888
Severed letter type
Ministerial Letter
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
629964
Extra import data
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"field_release_date_new": "1989-10-26 08:00:00",
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Main text
19(1) File No. 5-8888
  C. Robb
  (613) 957-2744

October 26, 1989

19(1)

We are writing in response to your letter of October 11, 1989, wherein you request a technical interpretation with respect to arrangements between 24(1) and purchasers of condominium units.

The facts in your letter appear to relate to actual proposed transactions. Accordingly, your request should take the form of an advance income tax ruling. Therefore, we are unable to comment on the income tax consequences of the transactions you described.

The Department would be prepared to consider these transactions in the context of an advance income tax ruling request.

Yours truly,

for DirectorFinancial Industries DivisionRulings Directorate