| 24(1) | 901485 |
| J. Teixeira | |
| (613) 957-2119 | |
| Attention: 19(1) | EACC9403 |
July 24, 1990
Dear Sirs:
We are writing in response to your letter of July 4, 1990 in which you requested technical interpretations in respect to transactions between a number of unidentified shareholders and a corporation.
The facts described by you appear to relate to specific proposed transactions. Confirmation of the tax consequences of these transactions will only be provided in a response for an advance income tax ruling requested in accordance with the guidelines contained in Information Circular 70-6R dated December 18, 1978. Therefore, we are unable to comment on the transactions outlined in your letter.
Yours truly,
for DirectorReorganizations and Non-Resident DivisionRulings DirectorateLegislative and Intergovernmental Affairs Branch