9 September 1987 Income Tax Severed Letter 5-3513 - [Capital Gains Exemption—Section 110.6 of the Income Tax Act]

By services, 22 July, 2022
Official title
[Capital Gains Exemption—Section 110.6 of the Income Tax Act]
Language
English
Document number
Citation name
5-3513
Severed letter type
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656758
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1987-09-09 08:00:00",
"field_tags": []
}
Main text

M.D. Praulins (613)957-2103

SEP 9 - 1987

Dear Sirs:

Re: Capital Gains Exemption Section 110.6 of the Income Tax Act

This is in reply to your letter dated June 10, 1987, in which you request confirmation of our position concerning the eligibility of a capital gain for the capital gains exemption, given the circumstances outlined in your letter.

Following your telephone discussion with Glen Thornley on September 2, 1987, you indicated that you no longer require our comments on the issues raised in your letter in its present form. As a result, we are closing our file on this matter.

Yours truly,

for Director Small Business and General Division Specialty Rulings Directorate Legislative and Intergovernmental Affairs Branch