3 January 1990 Ruling 59213 F - Mineral Resource Definition

By services, 18 January, 2022
Official title
Mineral Resource Definition
Language
French
CRA tags
248(1) mineral resource
Document number
Citation name
59213
Severed letter type
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
630796
Extra import data
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"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1990-01-03 07:00:00",
"field_tags": []
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Main text
Director General
Financial and Corporate Analysis Division
Energy, Mines and Resources Canada File No. 5-9213
7th Floor, 460 O'connor Street G.R. White
Ottawa, Ontario (613) 957-8585
K1A 5H3

Attention:  Mr Donald G. Schell Director Mining Tax Legislation Interpretation Division

January 3, 1990

Dear Sirs:

Re: 24(1) Mineral Resource Subsection 248(1) of the Income Tax Act

We are writing to request your certification 24(1) is a mineral resource as that term is defined in subsection 248(1) of the Income Tax Act.

A copy of our letter from the taxpayer's consulting geologist is attached.  We have contacted him and explained that his request for a ruling on the eligibility of exploration expenses under the CEIP program cannot be answered by this Department since CEIP is administered by Energy, Mines and Resources Canada.  We have given him the address of your Director of Interpretations and Rulings.  He told us that he had sent the same package of material to each Department.

Yours truly

Director GeneralRulings DirectorateLegislative and Intergovernmental Affairs Branch