October 31, 1989 Mr. B. Dath Current Amendments and Director Regulations Division Small Business and General Division D.C. Burnett (957-2078)
F-3316
Subparagraph 37(7)(c)(ii) of the Income Tax Act
This is in response to the memorandum of September 26, 1989 prepared by D. Turner concerning the above provision of the Act.
Enclosed is a copy of the letter we received from the Department of Finance in response to our query on your behalf.
B.J. Bryson
Acting Director
Current Amendments and
Regulations Division
Enclosure
CD/jab