5 October 1989 Ruling 57233 F - Employee Share Ownership Plan of Ontario

By services, 18 January, 2022
Official title
Employee Share Ownership Plan of Ontario
Language
French
CRA tags
n/a
Document number
Citation name
57233
Severed letter type
Ruling
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
633189
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1989-10-05 08:00:00",
"field_tags": []
}
Main text
  October 05, 1989
To: Provincial and International From: Specialty Ruling
Relations Division Directorate
C. Savage J.D. Jones
A/Director 957-2104
  File: 5-7233

Subject: Province of Ontario Employee Share Ownership Plan Act, 1988

We are forwarding the attached letter dated December 8, 1988, from the 19(1)  requesting the Department's opinion on the treatment for income tax purposes of grants paid by the Province of Ontario to eligible individuals for your reply.  We have also attached a copy of the legislation, an information guide outlining the key elements of the program, in addition to a legal opinion this Directorate received from the Department of Justice with respect to this issue.

It is our understanding you are currently discussing this situation with officials in the Department of Finance.

B.W. DathDirectorBusiness and General DivisionSpecialty Rulings DirectorateLegislative and IntergovernmentalAffairs Branch