20 September 1989 Administrative Letter 74326 F - Thin Capitalization Rules - IT-59R3

By services, 18 January, 2022
Official title
Thin Capitalization Rules - IT-59R3
Language
French
CRA tags
18(4)
Document number
Citation name
74326
Severed letter type
Administrative Letter
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
631358
Extra import data
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"field_release_date_new": "1989-09-20 08:00:00",
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Main text
  September 20, 1989
TO - Publications Division FROM - Specialty Rulings
  Directorate
Mr. R.C. Shultis S.J. Tevlin
Director 957-2118
  File No. 7-4326

SUBJECT:  Interpretation Bulletin IT-59R3

We are writing to advise you of our concern regarding the comments in paragraph 3 of Interpretation Bulletin IT-59R3 as they relate to the "thin capitalization rules" as determined in subsection 18(4) of the Act.

24(1)

21(1)(a)

M.A. Hiltzfor Director GeneralSpecialty Rulings DirectorateLegislative and IntergovernmentalAffairs Branch