| July 9, 1990 | |
| Mr. R.S. Hall | Current Amendments and |
| Director | Regulations Division |
| Compliance Research Division | B. Allington |
| 957-2064 | |
| F-3501 |
Compliance Research Project #90.1
Further to your memorandum of January 26, 1990 and our subsequent telephone conversations with Rob Barber this will confirm that no amendment to subsection 150(1) of the Income Tax Act would appear necessary in order to require the filling of standardized financial statements with the required income tax return.
B.J. Bryson Acting DirectorCurrent Amendments andRegulations Division