17 December 1990 Income Tax Severed Letter

By services, 22 July, 2022
Language
English
Document number
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656586
Extra import data
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"menu:://Federal Income Tax [CCH Tax ]/Tax Window Files/Tax Window Files/Tax Window Files/1990s/1990 [DC90_029.031 - NV90_431.432]/DC90_164 — Losses on Investment Contracts"
],
"field_proprietary_citation": [],
"field_release_date_new": "1990-12-17 07:00:00",
"field_tags": []
}
Main text
19(1)
                                        5-903256
                                        B.G. Dodd
                                        (613) 952-1764

December 17, 1990

          19(1)

We are writing in reply to your letter dated November 9, 1990 concerning losses on investment contracts issued by

          24(1)

Revenue Canada, Taxation is not in a position to advise investors of the particular amount of loss incurred on investment contracts. However, it is our understanding that legal counsel for the investors committee has undertaken to provide investors with assistance in this matter. You may, therefore, wish to direct your question to:

          24(1)

We hope this will be of assistance to you.

Yours truly,

for Director Financial Industries Division Rulings Directorate