4 May 1990 Income Tax Severed Letter ACC9090 - Prescribed Stock Exchange

By services, 22 July, 2022
Official title
Prescribed Stock Exchange
Language
English
Document number
Citation name
ACC9090
Severed letter type
Miscellaneous
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
656817
Extra import data
{
"field_external_guid": [],
"field_proprietary_citation": [],
"field_release_date_new": "1990-05-04 08:00:00",
"field_tags": []
}
Main text
24(1)                                             5-900473
                                                  D.S Delorey
                                                  (613) 957-3495

Attention: 19(1)

May 4, 1990

Dear Sirs:

This is in reply to your letter of April 16, 1990 concerning the term "prescribed stock exchange in Canada" referred to in subparagraph 4900(1)(i)(ii) of the Income Tax Regulations (the "Regulations").

We confirm that the term "prescribed stock exchange in Canada" referred to in subparagraph 4900(1)(i)(ii) of the Regulations is considered to have the meaning given to that term in section 3200 of the Regulations.

We have notified our Current Amendments and Regulations division that the preamble to section 3200 of the Regulations does not refer to subparagraph 4900 (1)(i)(ii) thereof.

We trust our comments are of assistance to you.

Yours truly, for Director Financial Industries Division Rulings Directorate