M.S. Lalonde 957-8959
June 18, 1987
Dear Sirs:
This is in reply to your letter of June 3, 1987 wherein you inquired as to whether Interpretation Bulletin IT-341R will be revised to address the treatment for income tax purposes of amounts paid or payable by a taxpayer as certification fees and other expenses incurred in the course of selling Bankers' Acceptances.
Following our letter to you dated October 30, 1986, this matter was referred to the Publications Division for their consideration in the context of a revision or addition to IT-341R . We have been advised that while the above will be given consideration there is no immediate plan by the Publications Division to revise IT-341R .
Yours truly,
for Director Financial Industries Division Rulings Directorate Legislative and Intergovernmental Affairs Branch