7 November 1989 Income Tax Severed Letter AC90511 - Resource Industries - Deductibility of Foreign Exchange Losses and a Mortgage Prepayment Penalty

By services, 22 July, 2022
Official title
Resource Industries - Deductibility of Foreign Exchange Losses and a Mortgage Prepayment Penalty
Language
English
Document number
Citation name
AC90511
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656625
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1989-11-07 07:00:00",
"field_tags": []
}
Main text

Resource Industries Section

Deductibility of foreign exchange losses and a mortgage prepayment penalty incurred by the non-resident taxpayer in disposing of taxable Canadian property.

Decision

We have accepted                       23

Background

                                     24(1)