19 September 1990 Internal T.I. 9006527 F - ITC - Certified Property

By services, 18 January, 2022
Official title
ITC - Certified Property
Language
French
CRA tags
127(9) certified property
Document number
Citation name
9006527
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
633812
Extra import data
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"field_release_date_new": "1990-09-19 08:00:00",
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Main text
  September 19, 1990
Vancouver District Office Head Office
Basic Files Rulings Directorate
142-11 A.Y. Ho
  (613) 957-2094
W.H. McKeown
  EACC9643

Subject:  24(1)

We are writing in reply to your memorandum dated May 4, 1990 in which you queried whether an 24(1) qualifies as a "facility as defined for the purposes of the Regional Development Incentives Act" as set out in the definition of "Certified property" under subsection 127(9) of the Income Tax Act (the "Act").

In our opinion, as confirmed by the Department of Industry, Science & Technology, 24(1) plant does qualify as a "facility" as defined in the Regional Development Incentives Act.  Therefore  24(1)

We trust that is the information required.

B.W. DathDirectorBusiness and General DivisionRulings DirectorateLegislative and Intergovernmental Affairs Branch