30 May 1986 Income Tax Severed Letter 5-1357 - [860530]

By services, 22 July, 2022
Official title
[860530]
Language
English
Document number
Citation name
5-1357
Severed letter type
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656373
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1986-05-30 08:00:00",
"field_tags": []
}
Main text

D.S. Delorey (613) 957-2129

May 30, 1986

Dear Sirs:

This is in reply to your letter of April 1 concerning the deductibility of the cost of client and insurance policy information and the legal fees incurred to obtain the information.

The decision in the Partykan case ( 80 DTC 1475), to which you refer in your letter, was based on a finding of fact. Thus, it may be relied upon only in cases where the facts are identical. Otherwise, the Department's position with respect to the cost of acquiring the type of information acquired by Mr. Partykan is set out in Interpretation Bulletin IT-187 , a copy of which is enclosed for your perusal, and with respect to legal fees is set out in Interpretation Bulletin IT-99R3 , a copy of which is also enclosed for your perusal.

We trust these comments will be of assistance.

Yours truly,

ORIGINAL SIGNED BY

Wm. R. McColm

for Director Reorganizations and Non-Resident Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch