6 June 1991 Internal T.I. 911437 F - Long-Term Disability Plan

By services, 18 January, 2022
Official title
Long-Term Disability Plan
Language
French
CRA tags
ITAR 19
Document number
Citation name
911437
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
632945
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1991-06-06 08:00:00",
"field_tags": []
}
Main text
Hamilton District Office                Head Office
C.A. Curley                             Rulings Directorate
Chief of Verifications                  R.B. Day
  and Collections                       (613) 957-2136
 
                                        File No. 911437

SUBJECT:  19(1) Application of ITAR 19 24(1)

Further to our telephone conversation of June 3, 1991, we are forwarding a copy of the request for an advance income tax ruling dated May 3,1991 submitted on this taxpayer's behalf by

24(1)

24(1)

He will, in due course, be forwarding copies of the LTD plan plus any amendments thereto, for your determination as to whether the plan qualifies as an exempt plan or an amended plan as discussed in IT-428.

Our Comments

From our review of the relevant documentation attached to the ruling request, it is our view that   19(1)   letter of February 4, 1991, establishes the fact that the "event" (as discussed in paragraph 3 of IT-428) that caused the taxpayer's current disability occurred prior to 1974.  As a consequence, whether or not the taxpayer receives 100% of his disability benefits tax free, or apportioned on the basis discussed in paragraph 21 of IT-428, will depend on the status of the LTD plan.

Should you require further information in this regard, please contact the writer.

for DirectorBusiness and General DivisionRulings DirectorateLegislative and Intergovernmental Affairs Branch