12 September 1989 Ruling 58401 F - Bonds and Coupons - Qualified Investments

By services, 18 January, 2022
Official title
Bonds and Coupons - Qualified Investments
Language
French
CRA tags
4900(1)(i)(iii)
Document number
Citation name
58401
Severed letter type
Ruling
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
633684
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1989-09-12 08:00:00",
"field_tags": []
}
Main text
19(1) File No. 5-8401
  A.B. Adler
  (613) 957-8962

September 12, 1989

Dear Sirs:

This is in reply to your letter of July 25, 1989, and is further to our of July 12, in which you further requested our views whether certain bonds and their separated coupons would be qualified investments under subparagraph 4900(1)(i)(iii) of the Income Tax Regulations.

As indicated in paragraph 23 of our Information Circular No 70-6R, we do not provide written opinions on proposed transactions.  However, in accordance with our usual practice we provided you with our general comments in our July 12, letter.  Should you wish to pursue this matter further we suggest that you request a ruling.

We trust that our comments will be sufficient for your purposes.

Yours truly,

for DirectorFinancial Industries DivisionRulings Directorate