2 October 1989 Ministerial Letter F3248 F - Capital Cost Allowance - Class 8 Property - Special Release to IT-472

By services, 18 January, 2022
Official title
Capital Cost Allowance - Class 8 Property - Special Release to IT-472
Language
French
CRA tags
n/a
Document number
Citation name
F3248
Severed letter type
Ministerial Letter
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
630234
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1989-10-02 08:00:00",
"field_tags": []
}
Main text
  October 2, 1989
Mr. R.C. Shultis Current Amendments and
Director Regulations Division
Publications Division D.C. Burnett 957-2078
  File No. F-3248

Interpretation Bulletin Project Number 1685 Capital Cost Allowance - Class 8 Property Special Release to IT-472

We have reviewed the above draft project and have no comments with respect to policy matters, current or pending, that are relevant to positions taken in the draft.

We do, however, have the following comments:

1)     Page 2 - Subparagraph 1(iii) - reference "10(g) to (v)" should be "10(g) to (w)" and reference "34 or 37" should be "34, 37 or 39".

2)     Page 3 - Paragraph (d) - The grandfathering provision only applies to property used to earn rental income.

B.J. Bryson Acting DirectorCurrent Amendments and Regulations Division

DCB/jab