| August 28, 1989 | |
| To: North York District Office | From: Head Office |
| M. Quebec | Specialty Rulings |
| Chief of Verification | Directorate |
| and Collections | S. Short |
| (613) 957-2134 | |
| Attention: Chief of Source Deductions |
Subject: Valuation of Housing Benefits
Please find enclosed correspondence from a taxpayer served by your district office. A copy of our reply is attached for your reference. Our reply is based, in part, on comments found in the directive dated March 31, 1988 entitled "Housing and Travel Benefits in Prescribed Areas" (CA-88-31) as the commentary regarding the valuation of housing is applicable to all market and non-market areas. This may be useful to you should the taxpayer decide to seek additional assistance.
P. Fuoco, Chief Personal and General Section Small Business and General Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch
c.c. Mr. R. Roy11th FloorMacDonald Building