| April 19, 1990 | |
| G.C. Hoard | Specialty Rulings |
| Chief of Audit | Directorate |
| Calgary District Office | F. Fontaine |
| (613) 957-2094 | |
| File No. 3-2700 |
SUBJECT: 24(1)
This letter is to inform you of a ruling request which we received (copy attached) related to a taxpayer in your district. We have informed the taxpayer's representative that a ruling would have been negative. However, as we do not know if the taxpayer intends to carry out the proposed transactions, we are notifying you.
24(1)
In our opinion and that of the Ministry of Industry, Science and Technology (see the comments attached) a natural gas processing plant is not part of a "facility" as defined for the purposes of the "Regional Development Incentives Act" and as required by paragraph (b) of the definition of "certified property" contained in subsection 127(9) of the Act. Therefore, a natural gas processing plant will not qualify for the ITC at the special 30% rate.
We trust this information will be of assistance to you.
B.W. DathDirectorBusiness and General DivisionSpecialty Rulings DirectorateLegislative and Intergovernmental Affairs Branch