| October 16, 1989 | |
| Ms C. Gouin-Toussaint | Current Amendments and |
| Director | Regulations Division |
| Bilingual Services and | D.C. Burnett/957-2078 |
| Resource Industries Division | |
| File No. I-3317 |
Quebec Tax Credit for Losses and Paragraph 12(1)(x) of the Income Tax Act
Enclosed is a copy of a letter we received from the Department of Finance concerning the above subject.
We have been advised that M. Cuerrier of your Division has recently reviewed this issue. We would appreciate receiving your views on the position taken in the letter and, in particular, whether the matter will be brought before the review committee.
B.J. Bryson Acting DirectorCurrent Amendments andRegulations Division
Enclosure
c.c.: R.M. Beith
BJB/jab